Back

Canadian PM not likely to bend on NAFTA - Reuters

As reported by Reuters, Canadian Prime Minister Justin Trudeau stated that he will not be compromising in talks with the US over NAFTA renegotiations at the next round of talks this week.

Key quotes

" “No NAFTA is better than a bad NAFTA deal for Canadians and that’s what we are going to stay with.” U.S. President Donald Trump - who signed a NAFTA side deal with Mexico last week - has threatened to impose auto tariffs on Canada or exclude it from the three-nation pact unless an agreement can be struck quickly.

Trudeau made clear, however, he would insist on keeping the so-called Chapter 19 dispute-resolution mechanism that Washington wants to scrap. “We will not sign a deal that is bad for Canadians, and quiet frankly, not having a Chapter 19 to ensure the rules are followed would be bad for Canadians,” he said.

 

AUD/USD unsteady near 0.72 ahead of Aussie GDP

The AUD/USD is cycling near the 0.7200 major level after some mild whipping action on Tuesday saw the Aussie-Dollar pairing relatively unchanged after
Baca lagi Previous

Barnier: UK should seek a Canada-style deal - The Telegraph

The EU's lead Brexit negotiator Michel Barnier continues his onslaught against UK Prime Minister Theresa May's belly-up Brexit proposal this week, as
Baca lagi Next