Trump rewrites rules of trade with new deal

A car hauler heads for Detroit on the Ambassador Bridge in Windsor Ontario Canada in 2017

A car hauler heads for Detroit on the Ambassador Bridge in Windsor Ontario Canada in 2017

The U.S. -Mexico-Canada agreement that will succeed NAFTA includes the elimination of Canada's Class 7 dairy price system and greater U.S. access to the Canadian dairy market than offered in the TPP free trade agreement, said senior administration officials late Sunday. The deal then would have to be approved by Congress.

"I think farmers work hard in this country, and this is a hit to them."
One letter promises Canada will be exempt from any future US tariffs imposed on automobiles and auto parts as a matter of national security.

The US, Mexico, and Canada Agreement or USMCA, a jubilant Trump told reporters at the White House, would revive the manufacturing sector in the US and create hundreds and thousands of jobs in America.

They noted that the accord would come up for review every six years, which they said would give the US significant leverage if Canada or Mexico don't comply with any parts of it.

Canada gave up some access to its dairy, egg and poultry industries but will keep its agricultural supply management system and avoid punishing auto tariffs under the new deal.

In Ottawa, PMO officials said there would be another cabinet meeting Monday and a news conference likely as well.

Like all negotiations, there was horse trading, but for the Canada there were elements of the new pact that could be viewed as victories.

The agreement preserved a NAFTA dispute-resolution process that the US wanted to jettison, the official told The Associated Press ahead of an official announcement.

For Canada, this was a hill to die on - as it was for former prime minister Brian Mulroney during the original 1988 Canada-U.S. free trade deal - because, Trudeau argued, there needs to be some rules for settling disputes when dealing with the current U.S. president. It's crucial to future Canada-U.S. relations that the American president conclude he has a win.

Building on a previous agreement between the US and Mexico, USMCA also revamps production standards for automakers across the three countries.

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But it is just September, two games before the global break will be so important for us, for the rest of the season. City are away at Hoffenheim in the Champions League on Tuesday before travelling to Liverpool on Sunday.

"I know we're taking one for the team, but I hope the rest of the team can stand up and help us out here", Ruiter said.

What began as a marathon in the summer of 2017 ended in a flat-out sprint as negotiators in Ottawa and Washington worked around the clock to put the finishing touches on language adding Canada to the deal reached over the summer between the US and Mexico.

Canada did make a real concession in opening our dairy industry a bit more to USA producers.

Canadian Prime Minister Justin Trudeau told NBC during an interview in June that the steel and aluminum tariffs were "insulting and unacceptable".

Updates with "basis of agreement" reached by Canada and U.S. With AP Photo. USA drug companies can fend off generic competition for a few more years. Dairy Farmers objected to this, too, but the once-obscure dairy classification had become a lightning rod of discontent for Trump. The official was not authorized to speak publicly and requested anonymity.

A side letter published along with the main text of the agreement exempts a percentage of eligible auto exports from tariffs.

U.S. Rep. Joaquin Castro, D-Dist.

Early on Monday, a copy of the deal's 34 chapters was posted on the U.S. Trade Representative's website.

"It is a good night for Mexico, and for North America", Mexican Foreign Minister Luis Videgaray tweeted.

Meanwhile, the punitive tariffs on steel and aluminum levied last spring on spurious and insulting "national security" grounds remain in place - this was not directly part of the NAFTA negotiation - though perhaps now the Americans will see less value in holding onto bargaining chips that boomerang on their own economy by increasing the price of inputs to US manufacturers.

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