Notwithstanding Canada's threats to walk away from NAFTA negotiations if required, its limited success in diversifying exports leaves this country too dependent on American markets to play hardball, as government insiders along with trade experts ascertain.
Talks from The USA, Canada and Mexico will be held in Ottawa on Saturday. It’s going to be the third round of negotiations on modernizing the North American Free Trade Agreement with a bunch of tough nuances yet to be broached.
Donald Trump states he’s on the verge of ditching the pact unless key changes in come true. The previous month Canada suggested it could break up with NAFTA if America pushed to remove a major dispute-settlement mechanism.
However, some insiders draw attention to the fact that leaving the table still appears to be an actual last-ditch measure for the Canadian government run by Liberal Prime Minister Justin Trudeau.
In June, German business confidence slipped to its lowest value for more than a year, thus dropping a hint that the mood among company executives in the EU’s number one economy is worsening as the world is getting closer to a full-fledged trade conflict…
The Australian corporate regulator might require playing a greater role in regulating agricultural finance considering the absence of redress options for borrowers, as it shifted its attention to Australia’s $50 billion farm sector…
In June, American private sector activity speeded down, as follows from survey data uncovered on Friday…
On Monday, Asian shares shook off a sluggish start and stabilized, with Japan outperforming on positive earnings…
America’s on the verge of starting an investigation into whether thermoplastic components utilized in some Japanese as well as German vehicles sold in the country violate its patent laws or not…
On Tuesday, crude prices traded weaker because a poll on Chinese manufacturing came in weaker than expected and market participants looked ahead to American inventories on oil as well as refined products to set the overall tone…
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