US, Mexico and Canada agree on getting NAFTA talks going

Prime Minister Justin Trudeau meets U.S. President Donald Trump last weekend at the G20 summit in Hamburg Germany. Trudeau's government has been working hard to persuade the Trump administration of NAFTA's value

Canadian measures to protect the dairy industry came under the microscope at a USA congressional hearing on revamping the North American Free Trade Agreement Tuesday, suggesting the Liberal government will have a tough time convincing legislators to look past the long-standing trade irritant. He told manufacturers that his stance on trade was one of the primary reasons he was elected. Let trade do its job.

"You construct and harvest the products that fill our homes, defend our nation and enrich our lives". Lighthizer detailed his country looks to eliminate Chapter 19 from the Treaty, that Ottawa considers vital because it uses it to make claims in conflicts involving tax policies. Trump also climbed into an American-made fire truck parked behind the White House, took a swing with a baseball bat in the Blue Room, and briefly donned a customized Stetson cowboy hat in front of cheering manufacturing company executives from all 50 states gathered to hear him praise their products.

During his campaign for November 3016 presidential elections and after assuming as head of State on January 20, Trump insisted in his intentions to renegotiate the Nafta, which according to him is a disaster for USA economy and workers, in order to change it for a new treaty.

The government will also be staging a number of townhall-style meetings to further canvass Canadians' views on the matter.

"Once again we will celebrate craftsman producers, innovators, like the incredible men and women in this room today", said Trump.

A lot of work remains ahead of us. "We will meet in this same room in a year and in two years and we will see what happened".

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Economy Minister Ildefonso Guajardo raised concerns Tuesday about USA insistence on reducing trade deficits during renegotiations of the North American Free Trade Agreement (NAFTA), APA reports quoting BBC. He argues it has fueled a trade deficit with Mexico and cost thousands of These include subsidies and unfair pricing structures.

Along with reducing the trade deficit, the 17-page document outlines provisions to address trade imbalances between the three countries and obtain more "reciprocal" market access. It also wants to strengthen labor and environmental obligations, as well as amending the rules of origin so that more of the products traded come from the United States and North America.

"Any renegotiation that starts off with the current trade template found in TPP is unacceptable", Martinez stated.

"NAFTA did not open up Canada the way it did Mexico", he said.

"What we want to do is put our best foot forward". He adds, the proposed NAFTA renegotiation document is "filled with vague overtures making it unclear what will be demanded on key issues, whether improvements for working people could be in the offering or whether the worst aspects of the TPP will be added making NAFTA even more damaging". Over a decade to 2010, however, the US lost almost 6 million manufacturing jobs.

U.S. Trade Representative Robert Lighthizer released his 18-page document on Monday, unveiling more than 100 negotiating objectives the U.S. intends to pursue in the NAFTA renegotiation, which could begin as soon as August 16 (under U.S. law, trade objectives must be published 30 days in advance of negotiations to allow Congress to provide feedback before talks begin).