Published: Fri, October 13, 2017
Global News | By Stacy Ballard

Tip Sheet: VU Professor Can Talk About NAFTA Withdrawal

Tip Sheet: VU Professor Can Talk About NAFTA Withdrawal

USA negotiators on October 12 presented a proposal for a so-called "sunset clause" that would see the North American Free Trade Agreement expire after five years unless the parties can agree to extend it, according to two people familiar with the talks.

The newspaper said British ministers were looking at joining the North American Free Trade Agreement (NAFTA) as part of planning for the possibility of Britain leaving the European Union in March 2019 without a trade deal.

The led the Chamber, BRT, the National Association of Manufacturers, the National Foreign Trade Council, the Coalition of Services Industries, the American Farm Bureau and the National Pork Producers Council to spearhead a trip to Capitol Hill to discuss their concerns about the White House's proposals.

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The Girl Scouts of the US criticized the initiative, saying it strained the century-old bond between the two organizations. Michael Surbaugh, the BSA's chief scout executive, said reinforcing positive character traits is important for everyone.

"Growth could be 1 percent higher if the country had better accountability and more transparency". Commenting on a recent article he penned for Americas Quarterly, Herrera outlines why he thinks that more independents and parties competing to win will dampen prospects for one frontrunner in particular-leftist ex-Mayor of Mexico City Andrés Manuel López Obrador. "So we'll see what happens with NAFTA", Trump said, adding that it "has to be fair to both countries".

The prime minister arrives in Mexico looking for a friendly ear in President Enrique Pena Nieto, himself no stranger to hostility from the Trump administration, who will receive Trudeau at the presidential palace with military honors. The United States takes in three quarters of Canadian exports, but trade relations have been strained since Trump's inauguration earlier this year. The countries have agreed to increased "procedural fairness in competition law enforcement", his office said in a statement.

"If we can't make a deal, it'll be terminated and that will be fine", Trump said, using his typical bare-knuckle approach to top level diplomacy. Trump left open the possibility that the USA would seek to establish bilateral deals with Canada and Mexico if talks were to break down. But several agricultural products would face much higher duties. Trudeau said he recognized that there were proposals in the deal that the United States and Canada disagreed on, but insisted that the talks had begun on Wednesday "in good faith". "It makes sense to modernize it", said Glenn Hamer, president and CEO of the Arizona Chamber of Commerce.

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This suspension includes the issuance of physical sticker visas issued at border posts, as well as the online "e-visa". Relations between United States and Turkey remained tense amid suspension of visa services between the two countries.

The United States is pushing for automobiles to include more US -made parts as well as more content from Canada and Mexico overall.

Mr James Keith, a former United States ambassador and managing director for China and South-east Asia at Washington-based McLarty Associates, told The Straits Times that there is unlikely to be action on trade negotiations with Asian partners until Mr Trump completes a visit to South-east Asia and North-east Asia next month.

"If the required content to hit the threshold for a NAFTA vehicle is too high, people may say, 'Look, it's just too hard, it's too high, so we'll just ship the vehicles in, '" Magna International Inc.

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The stock of Plug Power Inc (NASDAQ:PLUG) hit a new 52-week high and has $3.16 target or 5.00% above today's $3.01 share price. Also, insider Bernard Raymond Colpitts, Jr. sold 2,490 shares of the firm's stock in a transaction on Wednesday, August 9th.

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