U.S. and Canada Reach Deal to Salvage Nafta


READ MORE

Lawmakers from both parties have urged the White House to include Canada in any revised Nafta, warning that excluding Canada, which is America’s largest export market, could disrupt supply chains, cost jobs and slow the United States economy. Companies and business groups, including the U.S. Chamber of Commerce, have repeatedly called on Mr. Trump to ensure Canada remains part of the pact, which has become critical for industries across North America, including automakers, agriculture and manufacturers.


Industry groups cheered the deal on Sunday night.


“Manufacturers are extremely encouraged that our call for a trilateral agreement between the United States, Canada and Mexico has been answered,” Jay Timmons, president of the National Association of Manufacturers.


Discussions between the United States and Canada had stalled amid souring relations between Mr. Trudeau and Mr. Trump, who lashed out at Canada last week during the United Nations General Assembly meeting for mistreating the United States on trade. The president said he had rejected a meeting with Mr. Trudeau because of Canada’s high tariffs, though Mr. Trudeau’s office said no meeting had ever been requested. Mr. Trump also threatened to tax Canada’s auto exports into the United States if it did not agree to America’s demands. That followed a testy meeting in June, when Mr. Trump accused Mr. Trudeau of being “dishonest.”


A revised Nafta that includes Canada has a far greater chance of being ratified by Congress but its fate is still somewhat uncertain. Democrats could take control of the House or the Senate in the midterm elections in November and attempt to call for changes to the agreement.


“The crucial test for a new Nafta, or any new trade agreement, is whether it is enforceable, particularly with respect to promises to protect worker rights and the environment,” said Senator Ron Wyden of Oregon, the top Democrat on the Senate Finance Committee. “Americans are sick of hearing speeches about the benefits of new trade agreements when the agreements in place aren’t even enforced and their opportunities don’t materialize.”


Lawmakers have said they do not expect Congress to vote on the deal until early next year.


Article source: https://www.nytimes.com/2018/06/18/technology/ibm-debater-artificial-intelligence.html?partner=rss&emc=rss

Comments

Post a Comment

Popular posts from this blog

How Jewish Elites Infiltrated US Protestants, Creating a Powerful Pro-Israel Lobby Among Gullible Evangelicals

Image
READ MORE Toggle navigation Our ad revenue helps destroy media lies! Show your support by disabling ad-block ( How ) Buy AD-FREE ACCESS here , for only $19 / yr Thanks for your support We’re winning thanks to YOU! Disabling adblock for a specific site just takes a couple of clicks. Usually it is as simple as clicking on the adblock icon in your browser, and choosing the ‘disable on this page or domain’ option. If that doesn’t work this wikihow article gives more detail: https://www.wikihow.com/Disable-AdBlock Thank you for your support! ‘; } (vitag.displayInit = window.vitag.displayInit || []).push(function () viAPItag.display(ad_id); ); }()) Well before Theodore Herzl founded political Zionism and published The Jewish State, Christian Zionists in the United States and England were already seeking to direct and influence the foreign policy of both nations in service to a religious obsession end times prophecy The largest pro-Is...
Read more

WeWork Considers Rescue Plans From SoftBank and JPMorgan

READ MORE The house of WeWork, a cash-starved purveyor of common bureau space, could select between dual competing financial rescue packages as early as Tuesday, according to people with believe of a matter. One is being offered by SoftBank , and another from a financial consortium led by JPMorgan Chase. SoftBank, a Japanese record hulk that is already a largest outward shareholder in WeWork, is charity to take a determining seductiveness by accelerating a $1.5 billion investment it had designed to make subsequent year and by shopping adult to $3 billion in shares hold by other investors, dual people said. SoftBank is also charity to put together loans totaling $5 billion from a consortium of financial institutions, including itself. JPMorgan’s offer consists of several parts, including new bonds, some of that would lift high seductiveness rates, according to a chairman with believe of a plans. That package could supplement adult to roughly $5 billion. The intensity money distilla...
Read more

A Photographer Who Tours With Beyoncé and Jay-Z

READ MORE Name : Raven B. Varona Age : 29 Hometown: a Bronx Now lives : In a two-bedroom unit that she shares with her mother, in a northeast territory of a Bronx, 10 mins from where she grew up. Claim to Fame : Ms. Varona is a photographer who has toured with some of a biggest names in hip-hop and swat today. In 2018, she accompanied Beyoncé and Jay-Z on their 40-city “On a Run II” debate as one of 3 central photographers. She has also toured with Future, and has photographed Kanye West, Cardi B, J. Lo, Drake and Migos, among others. Big Break: A lifelong photographer, she shot concerts in downtown Manhattan after graduating from New York University. During a Hot 97 festival in 2015, she was introduced to Future, who invited her to sketch his New York unison after that year. Future not usually favourite her work, though invited her to join his Purple Reign debate a following year. “That was a initial time we started to feel like ‘O.K., this is indeed go...
Read more