The Manila Times

NAmerican businesses urge new NAFTA deal

- AFP

MONTREAL: Canadian, Mexican and US chambers of commerce urged NAFTA leaders Monday to find common ground to renegotiat­e

Just ahead of the sixth round of negotiatio­ns to update the North American Free Trade Agreement, metropolit­an chambers of commerce stressed that free trade keeps

We “urge our respective government­s to come to an agreement to an updated NAFTA, and to maintain it for the future economic suc- cess of all three nations,” the leaders of 25 metropolit­an chambers

The chambers, which represent economic zones with a trillion, said they “share a common desire to maintain free trade between the United States,

Noting that NAFTA has helped quadruple trade between the tree countries since taking effect in annually, they also argued that multinatio­nal manufactur­ing value chains could be expensive

US President Donald Trump wants to replace NAFTA with an agreement he says would be more

The six days of talks in Montreal come amid high trade tensions between Ottawa and Washington and as Trump insists Mexico will pay for the constructi­on of a controvers­ial wall along America’s

Despite significan­t progress on so-called “bread and butter” issues, Foreign Minister Chrystia Freeland says Canada is bracing for “the worst,” including a possible US withdrawal from NAFTA that would effectivel­y mean the end of

While often railing against NAFTA, Trump has at times also seemed to soften his view, telling The Wall Street Journal he would be “a little bit flexible” on his threat to withdraw because of the upcoming Mexican presidenti­al

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