Under the WTO’s dispute settlement process, holding consultations is the first step. It is not clear whether the U.S. will agree to such a request. As per a source in the Japanese government with direct knowledge of the matter at… Read More ›
Mexico
Mexico likely to impose 20% import duty on U.S. pork legs
Mexico can fallback on the EU to source its pork or it could also get them from Canada. In 2017, Mexico imported 840,000 tonnes of pork. On Tuesday, according to two sources with direct knowledge of the matter at hand,… Read More ›
Stocks markets across the world bounce back on easing trade war fears
News of U.S. Treasury Secretary Mnuchin planning a visit to China had eased fears of a trade war between the two giant economies. With the United States and China set to negotiate on trade, fears of trade wars between two… Read More ›
Trump Administration excludes strategic allies from higher import tariffs on aluminum and steel
The exemption, albeit temporary, will be further reviewed on May 1 2018. In a strategically significant development with widespread repercussions, U.S. President Donald Trump has excluded, albeit temporarily, 6 countries, including the European Union, Canada and Mexico, from stiff U.S…. Read More ›
U.S. government drops demand for U.S. auto content in NAFTA negotiations
With this bone of contention being amicably resolved, NAFTA negotiations can continue. Two leading newspapers, The Mail and The Globe, have reported citing sources, that the U.S. government has dropped its demand all vehicles manufactured in Canada and Mexico for… Read More ›
Trump’s proposed steel tariffs complicates NAFTA negotiations
The business of manufacturing cars in North America for North Americans is going to be an expensive affair, post Trump’s steel tariff hike. Negotiators working to rework the NAFTA trade deal were caught off-guard by U.S. President Donald Trump’s proposal… Read More ›
85% North America content in vehicles, an unrealistic target: U.S. Auto industry to Trump Administration
The U.S. auto industry has gone at great lengths to to convince the Trump administration of the importance of NAFTA for the industry. In fact, in October 2017 major auto dealers, automakers and suppliers had launched a coalition to back… Read More ›
Fiat Chrysler Automobiles to shift production of its Ram heavy duty pickup trucks to Warren, Michigan, from Mexico
While FCA plans on boosting the output of its Mexican plant in 2018 & 2019, in 2020 having shifted the production of its Ram heavy duty pickup trucks, it plans on reconditioning the plant to produce a yet to be… Read More ›
Britain eyeing TPP once it leaves the EU in March 31, 2019
EU rules state that Britain cannot join any trade deal before it leaves the bloc. The Financial Times has reported that Britain is interested in joining the Trans-Pacific Partnership trade bloc once it formally leaves the European Union. Britain has… Read More ›
Not much progress expected during fifth round of NAFTA talks
Despite the general lack of progress, the 2018 Mexican election promises to instill some fire into the negotiations. On Tuesday, negotiators from Canada, Mexico and the U.S., completed their fifth round of negotiations aimed at reworking the North American Free… Read More ›
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