NAFTA Updates
Optimism about NAFTA

U.S. lawmakers attending NAFTA talks in Montreal expressed optimism on Sunday that efforts to update the trade pact would avoid collapse and start gaining momentum and said they urged negotiators not to bind themselves to a specific deadline.

Nafta Negotiations Resume in Canada

The three ministers leading negotiations to revamp Nafta will get two chances for face-to-face talks this month, including one near the slopes of Davos.

NAFTA renegotiations
  • Negotiators fail to finalize any new sections of agreement
  • Further talks set for Washington in Dec., Montreal in Jan.

The latest round of Nafta talks wrapped up without major breakthroughs, the latest signal talks have bogged down on controversial proposals from U.S. President Donald Trump’s administration.

The North American Free Trade Agreement has increased San Diego’s competitiveness, with trade currently supporting an estimated 110,000 jobs in the region, the vice president for international business affairs of the San Diego Regional Chamber of Commerce, testified on Monday.

Paola Avila, who recently was named chair of the the Border Trade Alliance, a trade advocacy group, was among those speaking in favor of the treaty in San Antonio, Texas, before the U.S. Senate Subcommittee on International Trade, Customs and Global Competitiveness.

NAFTA is essential for USA

As the presidents of two border-state chambers of commerce, we know firsthand of the power of the North American Free Trade Agreement. NAFTA is an indispensable component of our states’ economic prosperity.

Not surprisingly, our states’ international neighbors represent our largest trading partners. And for each of us, the other NAFTA partner country is our second-largest export market.

Canada in NAFTA

Rather than playing a weak hand during the latest round of North American Free Trade Agreement negotiations, Canada is in a much stronger position than most people realize, says Peter Hall.

Hall, the chief economist at Export Development Canada, was in Halifax on Monday to speak to local business leaders about the economy, the dollar and what might happen if the NAFTA talks fail.

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