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Initial demands from USA on dairy not as extreme as Canada anticipated

Initial demands from USA on dairy not as extreme as Canada anticipated

Initial demands from USA on dairy not as extreme as Canada anticipated

A new report claims the U.S.is proposing the lifespan of any new trade deal be limited to five years.

Sources close to the talks have told CBC News that Canada views the proposal as a "non-starter".

His remarks and the tension around NAFTA helped push the peso down 1 percent against the US dollar to a five-month low.

The comments came as negotiators from the three countries meet in the United States for their latest round of what Trump vowed would be tough talks on a new version of NAFTA.

A collapse of NAFTA would wreak havoc throughout the North American economy, disrupting highly integrated manufacturing supply chains and agricultural exports with steep tariffs that would snap back into place. With that in mind, he said he's warned USA trade representative Robert Lighthizer to tread carefully around the sector. Trade between the United States, Canada and Mexico has quadrupled under NAFTA, now topping $1.2 trillion a year.

Three sources briefed on the protectionist U.S. proposal, which is in line with U.S. President Donald Trump's goal of shrinking a trade deficit with Mexico and stemming the loss of U.S. manufacturing jobs, said it also seeks sharply higher North American automotive content overall.

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Canada and the USA have different views on the dairy industry.

"NAFTA is not going anywhere".

Canada and Mexico cooperate on security through many avenues, including annual bilateral security consultations, military to military consultations, political-military consultations, and the newly established Dialogue on Public Safety between Public Safety Canada and Mexico's Secretariat of the Interior.

Prime Minister Trudeau began his visit by laying a wreath at the Altar of the Nation, to honour the Niños Héroes (child heroes) who sacrificed their lives in a heroic struggle against foreign forces.

Canada and Mexico want their companies to be able to bid on more US federal and state government contracts, but this is at odds with Trump's "Buy American" agenda.

The rules of origin demands are among several conditions that the U.S. Chamber of Commerce has labeled "poison pill proposals" that threaten to torpedo the talks.

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