Published: Fri, October 13, 2017
Global Media | By Garry Long

Britain Could Join NAFTA If Brexit Deal Fails

Britain Could Join NAFTA If Brexit Deal Fails

He was speaking at the White House with Canadian Prime Minister Justin Trudeau, who said Canada was "braced" for Trump's unpredictability but taking a serious approach to the NAFTA talks.

"With an agreement, in 10 years I see a strong region that can face Asia or China, without an agreement I see a weaker region in the medium and long term".

Mexican Foreign Minister Luis Videgaray warned that an end to NAFTA would mark a breaking point in U.S.

Oil prices have suffered from data released late Wednesday by the American Petroleum Institute (API) showing a surprise build in USA crude inventories and gained little from a report by the International Energy Agency, released Thursday, suggesting the global oil market will be in balance next year despite rising output. Those include United States demands to adjust the rules of origin, which would increase the percentage of the content of vehicle parts and other materials that would come from NAFTA countries in order for a good to qualify as duty free - a specific concern for the North American auto industry.

"Thus far, we have made good progress, and I look forward to several days of hard work", Lighthizer said in the statement Wednesday.

"We will see if we can make the kind of changes we need", Trump said. Trump's stance has, however, been criticised by United States businesses.

If the North American Free Trade Agreement survives the renegotiation effort, The United Kingdom may be interested in joining the pact.

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While delivering its order, the court said that it wants to test the effect of the ban on air quality after Diwali. Environment Minister Ramdas Kadam said that the final decision will lie with Chief Minister Devendra Fadnavis .

Rep. Richard Neal of MA, the ranking Democrat on the committee, said he hopes NAFTA will expand Canadian market access for US cultural industries and "will be an opportunity to update intellectual property rules".

On the U.S. side the event was co-chaired by Fedex Freight's CEO Michael Ducker and U.S. Chamber of Commerce President Thomas Donohue. Mexico could leave NAFTA and have the strength to move on without any serious long-term structural damage to the economy, he said.

NAFTA negotiators face tough new US demands to increase regional content for autos to 85 percent from 62.5 percent, with 50 percent from the United States, according to people briefed on the plan.

Chris Sands, a professor at the Nitze School of Advanced International Studies at Johns Hopkins University, said Canada's problems marked "a new era of tough love" with Washington.

The former House speaker and friend of the president says a deal will eventually be reached, after long and hard negotiations. The question now becomes are we going to be the country that leads this shift?

Despite their common ground, however, Canada and Mexico are also at odds on some key issues. Higgins' Western New York district, which covers the cities of Buffalo and Niagara Falls, includes four global crossings between the US and Canada.

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