NAFTA Watch: Die Another Day After Appointment Made, Auto Compromise Missed — Panjiva
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NAFTA Watch: Die Another Day After Appointment Made, Auto Compromise Missed

Ags - Forestry 96 Canada 318 Cons. Discr. - Autos 596 Mexico 465 Trade Deals 664 U.S. 3061 USMCA 350

The sixth round of NAFTA talks ended with an agreement to a seventh round from February 26, hinting that the Trump administration does not plan to initiate a withdrawal notice for now. While there was progress in several areas, the rhetoric between Canada and the U.S. has become increasingly hawkish, as evidenced by a disagreement over basic trade statistics. Based on U.S. figures, America ran an $18 billion trade deficit in the 12 months to November 30, including a $2 billion automotive industry deficit and $53 billion in energy (ie a surplus in all other areas). Regulatory differences,...

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