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Nafta

All articles tagged with #nafta

Canada bets on diversification after calling US ties a weakness
world1 month ago

Canada bets on diversification after calling US ties a weakness

Canadian Prime Minister Mark Carney says Canada’s historically close economic ties to the United States are now a weakness that must be corrected, citing U.S. tariffs that have hit auto and steel industries and created investment uncertainty. He outlined plans to diversify the economy, attract new investment, pursue trade deals with other countries, expand clean energy capacity, and bolster defense spending, insisting Canada must not rely on a single partner and must take control of its security and future.

Trump's Tariff Threats Face Criticism for Potential Economic Impact
politics1 year ago

Trump's Tariff Threats Face Criticism for Potential Economic Impact

Canadian Prime Minister Justin Trudeau emphasized the importance of maintaining a constructive relationship with President-elect Donald Trump, warning that proposed tariffs on Canadian goods would harm both Canadian and American economies. Trudeau highlighted past successes in renegotiating NAFTA to protect jobs and promote growth on both sides of the border. Trump has announced plans to impose a 25% tariff on Canadian products to address issues like drug trafficking and illegal immigration, a move that U.S. President Joe Biden criticized as counterproductive.

"Former Canadian Prime Minister Brian Mulroney Passes Away at 84"
obituary2 years ago

"Former Canadian Prime Minister Brian Mulroney Passes Away at 84"

Former Canadian Prime Minister Brian Mulroney, who led the country from 1984 to 1993, has passed away at the age of 84. Known for his leadership during the closing days of the Cold War and for forging the North American Free Trade Agreement (NAFTA) with the US, Mulroney's legacy includes controversial economic reforms and a vocal stance against apartheid in South Africa. His passing has been mourned by current Prime Minister Justin Trudeau, who praised Mulroney's dedication to making Canada a better place.

"Former Canadian Prime Minister Brian Mulroney Passes Away at 84"
obituary2 years ago

"Former Canadian Prime Minister Brian Mulroney Passes Away at 84"

Brian Mulroney, the former Canadian prime minister known for his close ties with President Ronald Reagan and his economic policies, has died at 84. He was a controversial figure, facing criticism for shifting views and allegations of power abuse. Mulroney's legacy includes signing NAFTA, introducing the Goods and Services Tax, and addressing social issues such as indigenous rights and climate change.

Britt denounces Mexico's seizure of Vulcan Materials port facility as unlawful.
politics3 years ago

Britt denounces Mexico's seizure of Vulcan Materials port facility as unlawful.

US Senator Katie Britt has condemned Mexico's seizure of a port facility owned by Birmingham-based Vulcan Materials in Quintana Roo, calling it "unlawful and unacceptable." Vulcan has been in NAFTA arbitration with Mexico since 2018 over its investments in the country, including a limestone quarry near Playa del Carmen. The Mexican government is negotiating a settlement of a $1.1 billion lawsuit by Vulcan over an effort to shutter that quarry. Mexico has accused Vulcan of extracting materials without proper permits. Britt has called on President Biden to raise the issue with President López Obrador and assure Americans that such actions will not be tolerated.