World Trump Reiterates Nafta Threat, Linking Talks to Mexico Wall

02:40  12 january  2018
02:40  12 january  2018 Source:   Bloomberg

EXCLUSIVE - Canada increasingly sure Trump to pull plug on NAFTA: sources

  EXCLUSIVE - Canada increasingly sure Trump to pull plug on NAFTA: sources Canada is increasingly convinced that U.S. President Donald Trump will soon announce that the United States intends to pull out of the North American Free Trade Agreement, two government sources said on Wednesday. The sources said they expected Trump would make his move at about the same time that negotiators from the United States, Canada and Mexico meet in late January for the sixth and penultimate round of talks to modernize the treaty.The Canadian and Mexican currencies both weakened against the U.S. dollar after the news.The Canadian dollar fell to its weakest level this year at C$1.2561 to the greenback, or 79.61 U.S.

President Donald Trump reiterated his threat to withdraw the U.S. from Nafta while saying that gains from a new deal could be used to pay for a wall at the Under the agreement , the U.S., Mexico and Canada can withdraw after giving six-months’ notice. The sixth round of talks is scheduled to start Jan.

Leaders in Mexico and Canada shrugged off President Donald Trump ’s latest threat to pull the U.S. out of NAFTA , chalking up the tough talk to the president’s aggressive style of negotiation. During a Tuesday night rally in Phoenix, Trump reiterated his promise to withdraw from NAFTA if the

A NAFTA banner is seen during the fifth round of NAFTA talks involving the United States, Mexico and Canada, in Mexico City, Mexico, November 18, 2017.© REUTERS/Edgard Garrido A NAFTA banner is seen during the fifth round of NAFTA talks involving the United States, Mexico and Canada, in Mexico City, Mexico, November 18, 2017.

President Donald Trump reiterated his threat to withdraw the U.S. from Nafta while saying that gains from a new deal could be used to pay for a wall at the Mexican border.

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A day after Canadian officials said they viewed the odds of withdrawal as rising, Trump repeated his threat to pull out of the North American Free Trade Agreement if it can’t be reworked in his favor, the Wall Street Journal reported Thursday, citing an interview with the president. However, Trump said he was willing to be “a little bit flexible” about the deal until after Mexico’s presidential election in July. He didn’t elaborate on what that means.

Mexicans in U.S. send cash home in record numbers

  Mexicans in U.S. send cash home in record numbers Mexicans living abroad, the vast majority of whom live in the United States, sent home a record number of cash in remittances between January and November 2017. Last year is on pace to break a new record high. Two main forces drove the trend: Mexico's weak currency, the peso, and President Trump's threat to slap a tax on cash shipments, known as remittances, sent from the U.S. to Mexico.

blog 'emilyewing.blogdetik.com' is not exists. The Socio-Economic Impact of NAFTAs FDI Potential for Mexico

Donald Trump is historically unpopular in Mexico , which makes negotiations on a new trade deal difficult as political leaders in Mexico are under pressure to not Here's what Canada is hoping to get out of the NAFTA talks . Mexico gets ready for 'Plan B' as Trump threat to tear up NAFTA gets real.

Nafta’s Dead. Long Live Nafta. A Look at the Most Likely Outcomes

The president also suggested gains to the U.S. from a revamped Nafta could be used to pay for a southern border wall, which he has previously called on Mexico to finance. “They can pay for it indirectly through Nafta,” the newspaper quoted Trump as saying. “We make a good deal on Nafta, and, say, I’m going to take a small percentage of that money and it’s going toward the wall. Guess what? Mexico’s paying.”

Canadian officials said this week there’s an increased likelihood Trump will follow through on his exit threat. Under the agreement, the U.S., Mexico and Canada can withdraw after giving six-months’ notice. The sixth round of talks is scheduled to start Jan. 23 in Montreal.

“Montreal is going to be a decisive round,” said Wendy Cutler, a former U.S. trade negotiator who is now vice president at the Asia Society Policy Institute in Washington. It will be a positive sign if negotiators can close more chapters and agree to a way ahead on the most contentious issues, she said.

While she puts the chances of U.S. withdrawal at 50-50, “it’s too early to throw in the towel on these negotiations,” Cutler said.

Trump says he will not sign immigration deal without wall funding .
President Trump said Wednesday he will not sign an immigration deal that does not include funding for a border wall. "It's gotta include the wall," Trump said at a press conference with Norway's prime minister. "Any solution has to include the wall." "We need the wall for security, we need th e wall for safety, we need the wall for stopping the drugs from pouring in."Trump sought to clarify comments he made Wednesday, when he told lawmakers he would sign just about any immigration deal they put on his desk.

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