President Donald Trump threatened Thursday to send the military to close the US-Mexican border against an "onslaught" of migrants.
Mexico and Canada on Tuesday urged their governments to resolve a tariff dispute with the United States before signing a new trilateral trade deal.
U.S. West Texas Intermediate (WTI) crude futures CLc1 marked $75.90 a barrel around 0630 GMT on Tuesday, their strongest since November 2014.
“It means far more American jobs, and these are high-quality jobs,” he said. Trump had repeatedly called NAFTA a terrible deal for the United States.
Trump’s trade and manufacturing adviser Peter Navarro, speaking on Saturday to Fox News, struck an upbeat tone on the progress of talks.
Canada's race against time with US to reach NAFTA deal.
U.S. President Donald Trump’s administration recently began increasing the pressure on Canada, urging it to conclude a deal by Sunday or face exclusion from a revised NAFTA.
Ottawa is pushing back against increasing pressure by the administration of U.S. President Donald Trump and its allies to make the concessions they say are needed for the trilateral North American Free Trade Agreement.
Canadian Prime Minister Justin Trudeau said on Thursday he wanted a good NAFTA deal as soon as possible.
Canadian Foreign Minister Chrystia Freeland will meet U.S. Trade Representative Robert Lighthizer in Washington to discuss talks to renew the NAFTA trade pact.
Freeland sounded upbeat as she emerged from a day of talks with top U.S. trade negotiator Robert Lighthizer, although she cautioned that no trade deal was done until the last issue was nailed down.
Efforts to salvage the North American Free Trade Agreement as a three-country pact resumed at the ministerial level Wednesday.
Canada PM indicates he will not bend on key NAFTA demands at talks.
“There is no political necessity to keep Canada in the new NAFTA deal. If we don’t make a fair deal for the U.S. after decades of abuse, Canada will be out,” Trump said on Twitter.
Under pressure, Canada rejoined the talks to modernize the 24-year-old North American Free Trade Agreement after Mexico and the United States announced a bilateral deal on Monday.
Spreadbetters expected European stocks to open mixed, with Britain’s FTSE and Germany’s DAX each slipping about 0.1 percent and France’s CAC inching up 0.05 percent.
The U.S. currency has fallen for three consecutive weeks despite the United States embarking on greater monetary tightening than elsewhere.
“My position on defending supply management has not changed,” he told reporters during a visit to the province of Quebec.
Chinese blue chips .CSI300 dipped 0.4 percent as the country's state planner warned of increasing risks to the economy in the second half of the year.
“These concessions are really going to be important for workers in Canada and the United States,” she told reporters after meeting with U.S. Trade Representative Robert Lighthizer.