USTR's Lighthizer says White House not actively working to withdraw from NAFTA

Prime Minister Justin Trudeau is greeted by U.S. President Donald Trump as he arrives at the White House in Washington D.C. on Wednesday

"As retailers, we strongly urge all parties to preserve the parts of NAFTA that work for American businesses and to avoid proposals that would damage the USA economy and hurt American families".

Among other demands, he also wants the trade agreement renogiated every five years to allow US companies access to independent arbitration if companies in another country violate the deal.

In a joint statement following the fourth round of talks, American, Canadian and Mexican officials said "significant conceptual gaps" will change the negotiating timeframe. The U.S. also proposed that half of the parts that come from North America must originate from the United States. "We have a lot of trade, a lot of reasons to trade".

The Retail Industry Leaders Association, which encompasses more than 200 retailers, manufacturers and suppliers, added that Nafta's downfall would incur "massive" disruptions in agriculture and manufacturing as well as higher costs for USA consumers.

"We are opposed to country-specific required rules of origin", the Canadian source said.

More news: Rose McGowan's Twitter account suspended after Harvey Weinstein tweets
More news: Owners of 'Breaking Bad' house build fence to shield from pizza-throwers
More news: United States bombers fly over Korean Peninsula in show of force

U.S. Chamber of Commerce President Tom Donohue said in a speech recently that the Trump administration's proposals are "unnecessary and unacceptable".

Mexico will host the fifth round of talks in November, and additional talks will be held next year.

While Mexicans desperately want to keep NAFTA, which has helped transform Mexico into a manufacturing powerhouse and steadily expanded the middle class, they are also making preparations for the possibility of life without it. By Monday, Mexico's peso MXN=D2 hit a near five-month low with fears growing about the future of the deal underpinning $1.2 trillion in annual trade between the three countries.

Mexican economist and financial analyst Luis Rubio said the greatest danger to Mexico if NAFTA is scrapped is loss of confidence in the nation as a place for investment.

Lighthizer said he has see no sign that Mexico and Canada are ready to make the major changes needed to the update pact.

Related News:

  • Facebook food order and delivery service launched

    Facebook food order and delivery service launched

    If that restaurant is tied with the delivery service that Facebook has partnered with, you will be allowed to choose the service. The post announcing this previously tested food ordering feature details a truly awful present and an even more terrible future.
    Save Tweets On Twitter Soon

    Save Tweets On Twitter Soon

    Besides the addition of the bookmarking feature, the general layout will also be shuffled, changing the way tweets are presented. Many have turned to liking and Retweeting to bookmark, with others even direct messaging themselves to save tweets .
    Bulgaria vs France World Cup Qualifying UEFA Venue, Kick-off Time, Predicted Lineups

    Bulgaria vs France World Cup Qualifying UEFA Venue, Kick-off Time, Predicted Lineups

    Greece could also finish second in the group as they trail Bosnia-Herzegovina by a point ahead of their trip to Cyprus . Cristiano Ronaldo finally opened the scoring in the 63rd minute before André Silva secured the win in the 86th.
  • United States Announces Withdrawal From UNESCO, Cites 'Anti-Israel Bias'

    United States Announces Withdrawal From UNESCO, Cites 'Anti-Israel Bias'

    But, in 1984, then-President Ronald Reagan withdrew the country from the organization, citing corruption. UNESCO's executive board plans to select her successor Friday in a secret ballot.

    Google Pixel 2 XL vs. Apple iPhone X - Let the Battle Begin

    Since Google launched the second generation of its Pixel phones, both Pixel 2 and Pixel 2 XL have been the talk of the town. The Galaxy Note 8 comes in close, with a 94 rating, however, it isn't as impressive as the camera of the Google Pixel 2 XL .
    Google balloons to help restore Puerto Rico's cell networks

    Google balloons to help restore Puerto Rico's cell networks

    A Google Project Loon internet balloon is seen at the Google I/O 2016 developers conference in Mountain View, California May 19, 2016.
  • Grigor Dimitrov has got inside Rafael Nadal's head - Annabel Croft

    Grigor Dimitrov has got inside Rafael Nadal's head - Annabel Croft

    Del Potro received lengthy treatment to the area - which has undergone surgery in the past - before battling through 4-6 6-1 6-4. Rafael Nadal has tied Andre Agassi for sixth place on the list of Open Era wins by reaching the Shanghai Masters semi-finals.
    Dianne Feinstein to Seek Sixth Senate Term Amid Criticism From Left

    Dianne Feinstein to Seek Sixth Senate Term Amid Criticism From Left

    Feinstein said she supports DACA, but acknowledged the administration's argument that the order is on shaky legal ground. The progressive group CREDO recently confronted Feinstein in her office to urge her to block Trump's judicial nominees.

    Turkish-backed forces starting 'major operation' in Syria's Idlib province

    Turkey's NTV , a private television station, reported an exchange of fire at the border area, quoting "military sources". Earlier in the day, the Turkish army removed parts of the wall it built between Idlib and the Turkish territory.
  • Sophie Turner and Joe Jonas announce their engagement, show off ring

    Sophie Turner and Joe Jonas announce their engagement, show off ring

    Sophie and Joe have been dating since November, after they were spotted acting cozy at a concert in the Netherlands. The pair have been dating for less than a year but Joe revealed the news on his Instagram page on Sunday evening.

    'Serena will be back': Australian Open director backs Williams' return

    The women's singles trophy will be presented by Billie Jean King, 50 years after she won her first Australian Open title. The tournament will mark the Grand Slam return of Serena Williams , who missed much of the 2017 season while pregnant.
    How Angelina Jolie has failed to stop a war criminal - Gala

    How Angelina Jolie has failed to stop a war criminal - Gala

    In another missive, he wrote, "Forget other celebrities, she is the one.She loves to arrest Kony". Moreno Ocampo later added: 'It will be great to spend more time with the American troops.


Most liked

Mobile Limiting High-Speed Data in Canada, Mexico to 5GB
When the new cap kicks in, some customers traveling to Canada and Mexico might want to know how they're doing with their data. After burning through 5GB, your speeds will drop to just 128kbps (or 256kbps if you have a T-Mobile One Plus plan).

Sub-Inspector killed in Darjeeling, hunt on for GJM chief Gurung
He said the police had gathered information of Gurung's links with Maoists and other rebel groups in the North East. West Bengal Tourism Minister Gautam Deb, too, told reporters, "The area is Gurung's stronghold".

Eminem's takedown of Donald Trump: The most explosive lines
Corden - host of the Late Late Show - also weighed in on what he imagined Trump's response was to Eminem's rap. According to New York Times , he also called out his fans who also openly support the United States president.

Hamas, Fatah reach agreement in Palestinian reconciliation talks
According to a readout of a telephone call issued by a United Nations spokesperson, Mr. The U.S. says it wants the Palestinian Authority to take control of Gaza again.

Someone showed off an early iPhone X in public and we're drooling
However, the iPhone X will face supply chain problems, just like the rumor mill's predicted since this year's first quarter. According to IHS Markit, the Apple iPhone 7 was the best selling smartphone globally during the first half of 2017.

Sylvester Stallone to Direct and Produce
Jordan is a bona fide star, and we know the two have chemistry from the first Creed . Stallone will take over Ryan Coogler as the film's director with Michael B.

Behrendorff the catalyst as Australia level T20 series
India are Sky Bet's 4/7 favourites to win Friday's series-decider , with Australia available at 11/8. And Dorff bowling there, taking four for in his first real spell.

Trump says 'only one thing will work' with North Korea
Trump also emphasized that the USA has a very strong military, and said that now more than ever is the time to have a great military.

BlackBerry's new Motion smartphone launches with no keyboard and a 4000mAh battery
The smartphone will first debut in the Middle East - UAE and Saudi Arabia with a price tag that will be around $460. Chinese smartphone manufacturer, TCL has released the BlackBerry Motion handset in its hometown market.

Paralympian Tatyana McFadden wins seventh straight Chicago Marathon in record time
I really wanted to wait. "I felt a little gap pulling away and then I said I've just got to put down the hammer and pull away. The time made her the second-fastest American marathoner in history behind only Deena Kastor, who clocked 2:19.36 in 2006.

Aamir ruled out of Lanka ODI series
He had been on 10 when he set off for a sharp single from the non-striker's end, only to be sent back belatedly by his partner. Mohammad Abbas made the initial breakthrough, getting Kaushal Silva to nick a straightening ball behind.

Iowa State QB Jacob Park on personal leave with 'medical concerns'
Iowa State broke a tie on Kempt's 25-yard pass to Allen Lazard , who made a spectacular coach in the end zone with 2:19 to play. Iowa State coach Matt Campbell is not certain of a timeline for Park's return, and said he can not discuss issue.

McCarty makes qualifying debut as USMNT inches closer to Russian Federation
Wood had problems on the night, but he was undoubtedly a positive force. "He scores goals, but he's a great passer". Captain Michael Bradley served in defensive midfield in front of center backs Omar Gonzalez and Matt Besler.

'You think I care?' Hart dismisses critics after World Cup qualification
Scotland's hopes of reaching Russian Federation remain alive after a late victor gave them a 1-0 victory over 10-man Slovakia . Correct Score markets are looking like the best choice and a solid 3-0 win for the home team could be very possible.

Trump administration scraps ACA's birth control mandate
Brown, president of the American Congress of Obstetricians and Gynecologists , said in a statement. Both rules would take effect as soon as they are on display at the office of the Federal Register.