Canada proposes 16-year USMCA renewal, seeks sector tariff talks with US and Mexico
By
Al Jazeera
A second-rack bagel that's nearly first-rack. Tasty stuff.
Summary
Canada has formally proposed a 16-year renewal of the USMCA trilateral trade agreement and requested parallel discussions on sectoral tariffs. The proposal was outlined in a letter from Canada's trade minister Dominic LeBlanc to the US and Mexico, ahead of a meeting between LeBlanc and US Trade Representative Jamieson Greer. This comes after Canada was excluded from recent US-Mexico bilateral trade talks, and follows a freeze in trade discussions between Canada and the US since late last year.
Key quotes
· 3 pulledCanada has written to the United States and Mexico with its recommendations to renew a trilateral trade agreement for 16 years
Canada was left out of bilateral trade talks between the US and Mexico last week
Trade discussions between the two countries have been frozen since late last year
You might also wanna read
Canada Ready to Resume Trade Talks with US When Americans Are Prepared
Canadian Prime Minister Mark Carney states that Canada is prepared to resume trade negotiations with the United States "when the Americans a
bbc.com·7mo ago
Canada Announces Strategic Economic Diversification Away from US Dependence
The article discusses Canada's strategic shift away from economic and political dependence on the United States, as announced by Prime Minis
charlotteclymer.substack.com·4mo ago
Canadian Prime Minister Says Economic Dependence on U.S. Has Become a Weakness
Canadian Prime Minister Mark Carney states that Canada's strong economic ties with the United States, once a strength, have become a weaknes
abcnews.com·1mo ago
Canada Considers Removing 100% Tariff on Chinese Electric Vehicles
Canada is considering removing its 100% tariff on Chinese electric vehicles, which would mark a significant policy shift away from the U.S.
thewirechina.com·7mo ago
Legal Analysis: Why President Trump Cannot Use Section 122 of Trade Act for Tariffs
This guest post by Bryan Riley argues that President Trump cannot legally impose tariffs using Section 122 of the Trade Act of 1974. The art
ielp.worldtradelaw.net·3mo ago
Canada's Carney Reverses CRTC Decision to Raise Streaming Fees for U.S. Platforms, MPA Applauds Shift
Canadian Prime Minister Mark Carney's government has reversed a CRTC decision that would have raised Canadian content contribution requireme
Deadline·9d ago