Donald Trump refuses to commit to trade pact — NAFTA

Lawmakers unions campaign against secret trade court in ‘new NAFTA

Trudeau said he believed the Nafta talks could still end in a "win, win, win".

"There is life after NAFTA", Mexican Economy Minister Ildefonso Guajardo said Tuesday in an interview with Radio Formula. Mexico strongly opposes such a move, which would damage its own vehicle industry.

U.S. Trade Representative Robert Lighthizer kicked off the latest round by announcing an agreement on a chapter on competition.

The conversation about possibly dissolving NAFTA has become increasingly frequent over the last month, both by officials from member countries and by prominent figures of the private sector, whose investments often rely on the outcome of renegotiations. Replying to a question, Trump said he would consider a trade pact with Canada minus Mexico, adding that both the USA and Canada wanted to protect their workers. The negotiations were extended on Wednesday by two days to Oct 17. Negotiators began the fourth round of discussions to rework NAFTA on Wednesday outside Washington.

"Instead of encouraging more USA content, these provisions will lead to less US content", Wilson said.

The U.S. side sees strengthening the rules of origin for the auto industry as a way to bring back automotive production and jobs from Asia.

On the U.S. side the event was co-chaired by Fedex Freight's CEO Michael Ducker and U.S. Chamber of Commerce President Thomas Donohue.

Trudeau, Pena Nieto reaffirm commitment to NAFTA after meeting
Agriculture could help save NAFTA according to Canadian trade expert

NAFTA negotiators face tough new US demands to increase regional content for autos to 85 percent from 62.5 percent, with 50 percent from the United States, according to people briefed on the plan.

Rules of origin will be discussed by negotiators today, Sunday and Monday, according to an agenda obtained by Bloomberg.

Chris Sands, a professor at the Nitze School of Advanced International Studies at Johns Hopkins University, said Canada's problems marked "a new era of tough love" with Washington. Chief Executive Officer Don Walker said in an interview ahead of the talks.

The part supplier group said Thursday that USA automakers would be at a disadvantage if they face higher tariffs than their counterparts in other countries outside of North America do. But he said Canada had to "be ready for anything" if the attempts to modernise the 23-year-old deal faltered. "Previous trade agreements have failed to adequately protect American workers". -Canada deal that would leave Mexico out entirely. Higgins' Western New York district, which covers the cities of Buffalo and Niagara Falls, includes four global crossings between the US and Canada.

"What is the administration going to do?" "They're going to do well".

In recent weeks, the Trump administration has sparred with American businesses that support NAFTA and has pushed for significant changes that negotiators from Mexico and Canada say are nonstarters.

Information for this article was contributed by Josh Wingrove, Eric Martin, Andrew Mayeda and Gabrielle Coppola of Bloomberg News and Mark Stevenson and Paul Wiseman of The Associated Press. "Now we need to blow this up?'" On the campaign trail, he called NAFTA a job-killing disaster.

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