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Aug 27, 2018
08/18
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will not have to leave canada and the cold? -- nafta leave canada in the cold? ♪ >> it is good happy with us. police and the germans the of chemnitz say several people have been injured as protesters face off with counterdemonstrators/ some protesters have been wearing masks and carrying stones, according to police. tonight's unrest follows barbre protests which broke out yesterday -- far right protests yesterday after a german citizen was fatally stabbed. two suspects, a syrian and an iraqi have been arrested in connection with the killing. our correspondent joins me tonight from chemnitz where there are protests. good evening. we know that the police have said there have been some injuries. what have you been seeing? any sense that the protests are coming down? >> good evening. please tweeted that there were a number of injuries. we did see protesters throwing fireworks, stones. that is a short time ago. there were hundreds of barbre protesters in the square behind me. across the street on the side of the road were counterdemonstrators. they were hurling slo
will not have to leave canada and the cold? -- nafta leave canada in the cold? ♪ >> it is good happy with us. police and the germans the of chemnitz say several people have been injured as protesters face off with counterdemonstrators/ some protesters have been wearing masks and carrying stones, according to police. tonight's unrest follows barbre protests which broke out yesterday -- far right protests yesterday after a german citizen was fatally stabbed. two suspects, a syrian and an...
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Aug 28, 2018
08/18
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trump suggested that he might leave canada out of the agreement. canada's nafta negotiator is flying to washington to try and restart talks. the president said he'd give canada a chance to enter the deal but threatens new taxes on canadian-made cars if negotiations fail. >> one way or the other, we have a deal with canada. it will either be a tariff on cars or it will be a negotiated deal. and frankly, a tariff on cars is a much easier way to go, but perhaps the other would be much better for canada. >> negotiations between the u.s. and mexico and canada to revamp naftga >>> the gunman accused of opening fire at a florida video game tournament reportedly had a history of mental illness. court records show david katz was hospitalized in psychiatric facilities twice as an adolescent. he was able to buy two guns legally but only used one gun in the deadly shooting. two people were killed and ten were wounded. manuel bojorquez reports. >> reporter: the live stream of sunday's event shows what appears to be a red laser aimed at 22-year-old elijah clayto
trump suggested that he might leave canada out of the agreement. canada's nafta negotiator is flying to washington to try and restart talks. the president said he'd give canada a chance to enter the deal but threatens new taxes on canadian-made cars if negotiations fail. >> one way or the other, we have a deal with canada. it will either be a tariff on cars or it will be a negotiated deal. and frankly, a tariff on cars is a much easier way to go, but perhaps the other would be much better...
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to leave canada out relevant congressional committee chairs insist that mr trump is not legally authorized under this so-called trade promotion authority or t.p.a. to negotiate an agreement that excludes canada will talk more about this tomorrow. and for the second time in as many weeks the german foreign minister heikal moscow's call for the european union to move away from the so-called swift system of international financial payments swift is an acronym for the society for worldwide financial telecommunications the system has been used over the years to guard against money laundering and particularly to guard against terrorist group financial transactions more than eleven thousand financial institutions and roughly two hundred ations used within a message is said every single second of every day the concern of a joint german foreign minister is that the united states might be able to dictate which nations can use with that particularly keen now if the us is set to reimpose economic sanctions on iran which were lifted in two thousand and fifteen beginning on november fourth of this year
to leave canada out relevant congressional committee chairs insist that mr trump is not legally authorized under this so-called trade promotion authority or t.p.a. to negotiate an agreement that excludes canada will talk more about this tomorrow. and for the second time in as many weeks the german foreign minister heikal moscow's call for the european union to move away from the so-called swift system of international financial payments swift is an acronym for the society for worldwide...
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Aug 28, 2018
08/18
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CNNW
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and mexico striking a deal to rework nafta, but president trump warns he may leave canada out of the agreement. with the mexican president on the phone, the president announced the bilateral deal yesterday. >> they used to call it nafta. we will call it the united states and mexico trade agreement. we will get rid of the name nafta. it has a bad connotation. >> it cost hundreds of thousands of jobs for the u.s. particularly auto jobs. it has higher standards and higher percentage of parts made in the u.s. or mexico. the u.s. trade rep says will help both countries. >> we created a situation where there is more u.s. jobs, but there also will be more mexican jobs. we will squeeze out people not in the region. it is a big, big win for manufacturing. >> he says it is now time for canada to come to the table. president trump gave ottawa until friday to come to the table. canada called the progress between mexico and the u.s. necessary to rejoin talks. cana canada's foreign minister heads to washington today and wall street liked news of the deal. hitting record highs. the editorial board
and mexico striking a deal to rework nafta, but president trump warns he may leave canada out of the agreement. with the mexican president on the phone, the president announced the bilateral deal yesterday. >> they used to call it nafta. we will call it the united states and mexico trade agreement. we will get rid of the name nafta. it has a bad connotation. >> it cost hundreds of thousands of jobs for the u.s. particularly auto jobs. it has higher standards and higher percentage of...
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to leave canada out relevant congressional committee chairs and says that mr trump is not legally authorized under this so-called trade promotion authority or t.p.a. to negotiate an agreement that excludes canada will talk more about this tomorrow. and for the second time in as many weeks the german foreign minister heikal moscow has called for the european union to move away from the so-called swift system of international financial payments swift is an acronym for the society for worldwide financial telecommunications the system has been used over the years to guard against money laundering and particularly to guard against terrorist group financial transactions more than eleven thousand financial institutions and roughly two hundred ations used within a message is said every single second of every day the concern of a joint german foreign minister is that the united states might be able to dictate which nations can use with that particularly keen now as the us is set to reimpose economic sanctions on iran which were lifted in two thousand and fifteen beginning on november fourth of this y
to leave canada out relevant congressional committee chairs and says that mr trump is not legally authorized under this so-called trade promotion authority or t.p.a. to negotiate an agreement that excludes canada will talk more about this tomorrow. and for the second time in as many weeks the german foreign minister heikal moscow has called for the european union to move away from the so-called swift system of international financial payments swift is an acronym for the society for worldwide...
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Aug 28, 2018
08/18
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BLOOMBERG
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leave the four we whatever is left of nafta, how important is dairy to wisconsin? that is an issue with canada we did not have with mexico. >> it is very important. the fact of the matter is that exports tos doubled canada than imports. we had trouble with ultrafine milk. the canadian ambassador called canadian processor who had a plant in wisconsin to take production from some of the dairy farmers that were affected. i had a fair amount of cooperation with canada as it relates to dairy wisconsin. david: you said that it is a good idea that we a together with canada and mexico and the eu and address the issues with china. does it make sense to you that we are not talking to the chinese yet, that we will wait to get out -- get all that done before we talk to them? >> this is a real problem for them. i was in china around easter time. the chinese officials say they don't want a trade surplus. fine. let's make sure we have fair and full reciprocity in terms of trade, and in particular stop stealing our industrial and military secrets. from my standpoint, that is where
leave the four we whatever is left of nafta, how important is dairy to wisconsin? that is an issue with canada we did not have with mexico. >> it is very important. the fact of the matter is that exports tos doubled canada than imports. we had trouble with ultrafine milk. the canadian ambassador called canadian processor who had a plant in wisconsin to take production from some of the dairy farmers that were affected. i had a fair amount of cooperation with canada as it relates to dairy...
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Aug 27, 2018
08/18
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FBC
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/mexico trade agreement, getting rid of the nafta name. where does that leave nafta and canada? >> well, look, this is going to be a big question of whether or not canada now feels enormous pressure to get onboard. and some of this is going to depend, let's see what the actual details are in the bill. the president's promise pall along was that -- all along was that if he resigned something, it was going to be more in america's trade benefit. you can expect people are going to be poring over those. qanta has been a holdout many particular on the idea of lowering tariffs on all sides, and that that's what i hope to see come out of in this deal. it's not that people shift around tariffs or subsidies into different places, but that, in fact, we have lower trade barriers for both countries. if that's the case, it's a positive model for other trade agreements and one that, you know, maybe there will be pressure on canada to have to step up and follow. stuart: the pressure, surely, is now on china. their economy's not doing very well, ours is doing very well. we have a tentative deal
/mexico trade agreement, getting rid of the nafta name. where does that leave nafta and canada? >> well, look, this is going to be a big question of whether or not canada now feels enormous pressure to get onboard. and some of this is going to depend, let's see what the actual details are in the bill. the president's promise pall along was that -- all along was that if he resigned something, it was going to be more in america's trade benefit. you can expect people are going to be poring...
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Aug 28, 2018
08/18
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CNNW
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president trump wants he may leave canada out of the agreement. with the mexican president on the phone, sort of, the president announced the bilateral deal yesterday. >> we will call it the united states and mexico trade agreement. we will get rid of the name nafta. united states was hurt badly by nafta. >> president trump says nafta cost hundreds of thousands of jobs. specifically auto jobs. this sets higher standards and requires north american cars with a higher percentage of parts made in mexico and the u.s. the trade representative says this will create more jobs. >> there will be more mexican jobs. we will squeeze out people not in the region. it is a big win for manufacturers. >> he says it is now time for canada to come to the table and president trump gave ottawa until friday to agree to the changes and threaten tariffs on canadian cars. in response, canada called it progress and necessary to rejoin talks. the canadian foreign minister heads to washington today. wall street hit record highs on the deal. the wall street editorial board sa
president trump wants he may leave canada out of the agreement. with the mexican president on the phone, sort of, the president announced the bilateral deal yesterday. >> we will call it the united states and mexico trade agreement. we will get rid of the name nafta. united states was hurt badly by nafta. >> president trump says nafta cost hundreds of thousands of jobs. specifically auto jobs. this sets higher standards and requires north american cars with a higher percentage of...
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Aug 28, 2018
08/18
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-mexico leave canada and china, and other trade deals? trump is weighing in on expectations. let's have a quick look at some of the currencies. the canadian dollar is fairly in limbo. the foreign minister of canada is on her way to washington, talking about a modernize nafta. -- modernized nafta. we have the mexican peso as well. it is retreating this morning after initially rallying on this u.s.-mexico deal. here?does this had from -- head from here? manus: the mexican peso rallied 4.4% this year. one thing is for sure -- the markets have decided to short risk protection, the vix, u.s. treasuries, and dollar. we are ratcheting lower in terms of the speculative. there is a larger short position on these trifectas of risk indicators in the market. is this the beginning of dominoes set to cascade after the midterms? you can't read that much across from mexico into china, but could it be after the midterms, trump ratchets up his ability to do deals? at the moment, the market believes risk on. -- we are seeing strategists raise the s&p 500 forecast. $27.50 is ony says the agenda.
-mexico leave canada and china, and other trade deals? trump is weighing in on expectations. let's have a quick look at some of the currencies. the canadian dollar is fairly in limbo. the foreign minister of canada is on her way to washington, talking about a modernize nafta. -- modernized nafta. we have the mexican peso as well. it is retreating this morning after initially rallying on this u.s.-mexico deal. here?does this had from -- head from here? manus: the mexican peso rallied 4.4% this...
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Aug 29, 2018
08/18
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there are people in canada to say a collapse of nafta could trigger a recession in canada. that is never good in terms of politics. people in the u.s. saying leaving canada out of a deal would be disruptive. inada does have some allies the u.s. business community and congress. struck by the details. they are exhausting and hard to follow. i couldn't tell you all the different minutia being hashed out. most people can't. is this all about optics? it could be the exact same deal, it doesn't matter? >> if you stand back and look at the deal monday from you look at the deal that more like a tweaked version of the original nap than a great revolution in trade. this is not going to result in a flood of jobs back to america. you would fear that is the case from the president but a lot of economists say this is a tweak at the margins in a lot of cases. on.auto industry and so is this going to reduce the trade deficit, probably not. that is going to be a reality for many years to come. donald trump wants to sell a win on trade ahead of the midterm elections and he's under pressure f
there are people in canada to say a collapse of nafta could trigger a recession in canada. that is never good in terms of politics. people in the u.s. saying leaving canada out of a deal would be disruptive. inada does have some allies the u.s. business community and congress. struck by the details. they are exhausting and hard to follow. i couldn't tell you all the different minutia being hashed out. most people can't. is this all about optics? it could be the exact same deal, it doesn't...
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Aug 27, 2018
08/18
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we could go back to previous bilateral agreement with canada those aggregated by the nafta treaty, but that leaves you with different goals, and that andement was for the 1980's is completely outdated, so that would not help business. much. -- that would not help business. much. -- that would not help business very much. justin trudeau and canada are against the wall politically. trudeau doesn't want to be seen as giving in. there could be tough negotiations ahead. and the idea we can get this done by the end of the week which was the trump administration's goal seems out of reach. strongerhe dollar is as we -- as president donald trump has signed off on a bilateral agreement for nafta. thank you to michael mckee. u.s. --minutes into the we are 35 minutes in the u.s. trading session. abigail: we are looking at stocks higher in the bulls are in charge, improving on the rally on j. powell's dovish comments from jackson hole. today, investors liking the possibility that a deal has been struck between the u.s. and mexico in terms of a nafta pact. we have stocks near session highs, and we h
we could go back to previous bilateral agreement with canada those aggregated by the nafta treaty, but that leaves you with different goals, and that andement was for the 1980's is completely outdated, so that would not help business. much. -- that would not help business. much. -- that would not help business very much. justin trudeau and canada are against the wall politically. trudeau doesn't want to be seen as giving in. there could be tough negotiations ahead. and the idea we can get this...
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Aug 27, 2018
08/18
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maybe canada will join. if not, the train is leaving the station without them. >> what this is is another step in the renegotiating nafta and creating nafta 1.00.01. trump hdid get some meaningful progress there. presenting it as if the united states is pulling out of nafta, going alone with mexico has two purposes. one, he's trying to scare the canadians so they pressure prime minister trudeau to give trump two concessions when canada comes back to the table which trump is not going to get. and the other is to remind his base that when he promised he'd really shake things up, he's still prepared to do that as we get closer to the midterms. >> so the language he used was interesting to his base, but in fact if you look at the concessions that he did get, they're not terrible. might not be a bad renegotiation. >> no, there are a lot of concessions -- actually not concessions, but a lot of changes that were beneficial to all three countries. it took them most of the year to negotiate things relating to telecom
maybe canada will join. if not, the train is leaving the station without them. >> what this is is another step in the renegotiating nafta and creating nafta 1.00.01. trump hdid get some meaningful progress there. presenting it as if the united states is pulling out of nafta, going alone with mexico has two purposes. one, he's trying to scare the canadians so they pressure prime minister trudeau to give trump two concessions when canada comes back to the table which trump is not going to...
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Aug 23, 2018
08/18
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FBC
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is nafta that bad? >> no, it's actually been good for us in terms of supply chains and in terms of a developing mexico, we want a good mexican economy. we don't want troubles with that country. canada benefited from them, we benefited from them. certain areas need updating. certain abuses need to be dealt with. that's what you negotiate. it's not either/or. it's how you tweak these things. half the auto parts, for example, in the original nafta agreement, we don't make them anymore. they're not made anymore. so cleaning that stuff up is good. in terms of the way to do it, cut a deal with mexico and cut one with canada. i think canada feels mexico has a lot more pride, as you alluded to, in terms of this thing. if we can get a deal with mexico, that makes it easier the glide path with canada, which is why canada pulled back and say get this done, we think it will be quick after they do it. john: sounds like you are saying we need more of a surgical tool than a mallet. is that right? >> laser-like approac
is nafta that bad? >> no, it's actually been good for us in terms of supply chains and in terms of a developing mexico, we want a good mexican economy. we don't want troubles with that country. canada benefited from them, we benefited from them. certain areas need updating. certain abuses need to be dealt with. that's what you negotiate. it's not either/or. it's how you tweak these things. half the auto parts, for example, in the original nafta agreement, we don't make them anymore....
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Aug 6, 2018
08/18
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CSPAN
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john: the mexican president leaves office on december 1. there is some interest in concluding negotiations, such that his administration could sign a concluded nafta deal, it would not be ratified by the mexican congress or canadian parliament this year, but signed in the last days of november. under ouro happen trade negotiation law, negotiations have to be concluded before the end of august because there is a 90 day notification. so the administration is working intently with mexico toward that goal, as we understand it. less than a month to go. , you all reported and i read it, i also have conversations with officials, and by all appearances, and making real progress. there is a lot of work left to do, though. i would say it appears it is within reach, but more than anyone, i think the u.s. is going to have to show flexibility with regard to some of these unorthodox proposals such as the sunset clause, the enforcement issue i talked about, and others. >> you mentioned investor protection. [indiscernible] john: i think i talked a little b
john: the mexican president leaves office on december 1. there is some interest in concluding negotiations, such that his administration could sign a concluded nafta deal, it would not be ratified by the mexican congress or canadian parliament this year, but signed in the last days of november. under ouro happen trade negotiation law, negotiations have to be concluded before the end of august because there is a 90 day notification. so the administration is working intently with mexico toward...
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Aug 29, 2018
08/18
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FBC
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markets, canada, stepping up after trump's take it or leave it offer look as nafta deal looking an creasingly likely. we have more details on that. the party that keeps on going in the economy and ball street. >>> also they allegedly dreamt of jihad, training kids to join in shooting up schools and hospitals, of becoming a terrorist martyr. members of a terror group in new mexico walking free because of a technicality. tonight charlie kirk is here. he is fired up, ready to respond. >>> move over, ocasio-cortez, the latest far left democrat on the move in florida. here is the thing. will voters go for it? we have details in fired up debate. >>> in california, democrat candidate pushing for free health care for border crossers. his republican opponent can't believe it. >>> cnn doubling down on a trump tower story slamming the president even though their anonymous source, lanny davis says it is fault. brent brozell is on it. thanks for watching, money, politics, we have a stories behind tomorrow's headlines. i'm elizabeth macdonald. "the evening edit" starts right now. ♪ liz: let's get to your
markets, canada, stepping up after trump's take it or leave it offer look as nafta deal looking an creasingly likely. we have more details on that. the party that keeps on going in the economy and ball street. >>> also they allegedly dreamt of jihad, training kids to join in shooting up schools and hospitals, of becoming a terrorist martyr. members of a terror group in new mexico walking free because of a technicality. tonight charlie kirk is here. he is fired up, ready to respond....
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Aug 31, 2018
08/18
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in which they said they were both prepare today go ahead with a deal and leave canada out altogether. dow jones reporting now that that effort has failed and there will be no deal today. we'll expect to see something here to confirm this on the white house side at some point here this afternoon. i can imagine, that might be coming sooner rather than later, guys >> remind us something we've been discussing all week, but remind us the likelihood the u.s.-mexico bilateral deal can go ahead and be confirmed without canada >> they may vote up and down on that and they may balk at that there are a number of republicans on capitol hill who feel that is not a big enough deal this is big region, and there are a lot of american companies that operate on these borders, that it would be too disruptive to trade, to have a simple bilateral agreement, and therefore they might want the administration to push for a trilateral deal. that said, the president has said he likes bilateralism and this is the president's approach bilateralism he likes to negotiate one-on-one >> unclear when it comes to expo
in which they said they were both prepare today go ahead with a deal and leave canada out altogether. dow jones reporting now that that effort has failed and there will be no deal today. we'll expect to see something here to confirm this on the white house side at some point here this afternoon. i can imagine, that might be coming sooner rather than later, guys >> remind us something we've been discussing all week, but remind us the likelihood the u.s.-mexico bilateral deal can go ahead...
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Aug 27, 2018
08/18
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leaving canada out. mean for thes mexican economy and how would it change rules around auto manufacturing? and apple is launching three new iphones. we will have that bloomberg school, next. let's get a quick check on the markets, though, before we start erie of the s&p 500 is having an up day, three quarters of 1% higher. the dollar index is down three orders of 1% primarily on the strength of some other currencies, including the mexican peso and the canadian dollar, for reasons that will become clear in moments. the peso is at 1874. we were talking a lot about trade today. wanted to get a look at the numbers behind all of these trade headlines when it comes to the u.s. and its relationship on a trade level with nations like x ago and canada. here you can see the turquoise bar chart representing mexico. the white line representing canada. we have talked about the deficit story, but a much more significant apposite story when it comes to mexico, perhaps, one of the reasons why the u.s. chose to have thes
leaving canada out. mean for thes mexican economy and how would it change rules around auto manufacturing? and apple is launching three new iphones. we will have that bloomberg school, next. let's get a quick check on the markets, though, before we start erie of the s&p 500 is having an up day, three quarters of 1% higher. the dollar index is down three orders of 1% primarily on the strength of some other currencies, including the mexican peso and the canadian dollar, for reasons that will...
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Aug 15, 2018
08/18
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FOXNEWSW
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the deal so far leaves canada out in the cold. correspondent gillian turner has the story. >> you know this president. he prefers bilateral trade agreements. he's made it clear. >> u.s. and mexican trade rep incentives kicked off their fourth week in a row of negotiations to update nafta, the president's trade advisors as an agreement may be evident. speak of the team has been working overtime, late nights going through but i would characterize as the final details. >> after president trump threatened to scrap nafta, mexico and canada pushed back. insisting on a three-way deal. so far, the u.s. and mexico have been meeting one-on-one, with mexico's minister of finance anticipating canada's return to the negotiating table in the future. >> in the next few days or weeks, finish the u.s.-mexico elements. >> a couple sticking points remain. the u.s. is demanding cars must be built with 85% of their parts made in canada or mexico in order to qualify for reduced tariffs. but mexico wants to continue making cars with more parts from othe
the deal so far leaves canada out in the cold. correspondent gillian turner has the story. >> you know this president. he prefers bilateral trade agreements. he's made it clear. >> u.s. and mexican trade rep incentives kicked off their fourth week in a row of negotiations to update nafta, the president's trade advisors as an agreement may be evident. speak of the team has been working overtime, late nights going through but i would characterize as the final details. >> after...
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Aug 29, 2018
08/18
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where does this leave their supply chain across the entire north american region. and what happens with the relationship -- trading relationships with certain .tates, canada and particular they will be a lot of questions and not a lot of answers immediately. there will be concerned about canada joining the deal and keeping this trilateral. romaine: bloomberg had out a report that about how justin trudeau is starting to see some pressure by his party. what is the potential political fallout in canada if a deal is not agreed to soon? >> the u.s.-canada trading relationship is huge. there is an election coming up in canada next year. let's say the nafta deal fails and if the economy is looking weaker, that could put pressure on justin trudeau politically -- questions about why nafta, he was not able to save it and if it is impacting the economy. i think justin trudeau has to be seen standing up to donald trump and not caving in to pressure from him. there is strong sentiment in canada that we need to differentiate ourselves from america and showed we can stand up to t
where does this leave their supply chain across the entire north american region. and what happens with the relationship -- trading relationships with certain .tates, canada and particular they will be a lot of questions and not a lot of answers immediately. there will be concerned about canada joining the deal and keeping this trilateral. romaine: bloomberg had out a report that about how justin trudeau is starting to see some pressure by his party. what is the potential political fallout in...
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Aug 30, 2018
08/18
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when we come back, tomorrow is the self-inflicted deadline for negotiations with canada over a new nafta deal. we're going to check and see if any progress has been made. we know some or least according to the president some has been made with mexico. we're going to find out what's going on with us and the great white north. white north. oh! oh! ♪ ozempic®! ♪ (vo) people with type 2 diabetes are excited about the potential of once-weekly ozempic®. in a study with ozempic®, a majority of adults lowered their blood sugar and reached an a1c of less than seven and maintained it. oh! under seven? (vo) and you may lose weight. in the same one-year study, adults lost on average up to 12 pounds. oh! up to 12 pounds? (vo) a two-year study showed that ozempic® does not increase the risk of major cardiovascular events like heart attack, stroke, or death. oh! no increased risk? ♪ ozempic®! ♪ ozempic® should not be the first medicine for treating diabetes, or for people with type 1 diabetes or diabetic ketoacidosis. do not share needles or pens. don't reuse needles. do not take ozempicÂ
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Aug 29, 2018
08/18
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well, during his announcement of the deal, trump appeared to threaten, to leave out canada, but members of congress, including republican pat toomey says, there is a lot more to it than that. >> can the president unilaterally kill nafta without coming to congress? >> no, no, absolutely not. we certainly want to see canada as part of this. but the president can't use the trade promotion authority that he was given, right, the expedited procedures in the senate especially to switch this to a bilateral agreement when the president informed congress and invoked tpa, it was for the purpose of reforming faust. a bilateral agreement with mexico is not a reform of nafta. it's something entirely different. >> we have the last major primary from november. joining us a role call journalist w. the results from last night. what does it mean as far as setting the stage for november and especially those really hotly contested races we watch, especially in arizona and what does that mean for the president as those misterms approach? >> yeah, have you two competitive races in arizona and florida. they'r
well, during his announcement of the deal, trump appeared to threaten, to leave out canada, but members of congress, including republican pat toomey says, there is a lot more to it than that. >> can the president unilaterally kill nafta without coming to congress? >> no, no, absolutely not. we certainly want to see canada as part of this. but the president can't use the trade promotion authority that he was given, right, the expedited procedures in the senate especially to switch...
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Aug 27, 2018
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it puts much more pressure on canada to make a deal. canada was involved in three way talks with mexico in the u.s. before president trump decided to deal with it one-on-one with mexico first. as canada's foreign minister is headed to the white house to meet with jared kushner's book wins that we will continue to work towards a modernized nafta. will only sign a new nafta that is good for canada and good for the middle class. president trump insisted labor production has made is a good deal for american workers. but not everyone is convinced. and a statement ohio democratic congressman marcy kept her said, the details in the fine print matter more than a hasty self-proclaimed victory. to someone who was bought with all i had to prevent nafta's passage in the trauma it's brought to american workers, i know the devil is in the detail details. >> brett: president trump spoke with justin trudeau earlier today, the president is really putting the squeeze on china saying that if united states can't reach a deal with canada, it is prepared to
it puts much more pressure on canada to make a deal. canada was involved in three way talks with mexico in the u.s. before president trump decided to deal with it one-on-one with mexico first. as canada's foreign minister is headed to the white house to meet with jared kushner's book wins that we will continue to work towards a modernized nafta. will only sign a new nafta that is good for canada and good for the middle class. president trump insisted labor production has made is a good deal for...
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another big issue, they want nafta to end after five years. the mexicans are saying let's reassess the numbers. countries can leave and a half tap. the mexican delegation hopes the u.s. bites on that one. mexico and canada says companies need long-term investment plans. the u.s. wants 75% of a car made in north america up from 62.5%. the mexicans say they can get to that point, but after five years. also a big issue is the cost of building the car, in terms of labor. the u.s. would like to see workers building a car make $16 an hour. maybe they can have a portion or percentage of a car. their wages are $6 an hour. the trump administration announcing an additional 25% on $16 billion worth of goods. this is the second part of the $50 billion the president pledged june 15. that will go into effect august 23. they are going to put the $1 billion worth of chinese goods under tariff. the chinese overnight releasing a statement that they are adding their own tariff on u.s. goods from 5% to 25%. 5% on the goods they use a lot and 25% on the good they
another big issue, they want nafta to end after five years. the mexicans are saying let's reassess the numbers. countries can leave and a half tap. the mexican delegation hopes the u.s. bites on that one. mexico and canada says companies need long-term investment plans. the u.s. wants 75% of a car made in north america up from 62.5%. the mexicans say they can get to that point, but after five years. also a big issue is the cost of building the car, in terms of labor. the u.s. would like to see...
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Aug 9, 2018
08/18
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so mexican president's pina neato leaves office, his administration could sign a concluded nafta deal. it wouldn't be ratified by congress or the mexican congress or canadian parliament, but signed in the last days of november. for that to happen under our trade promotion authority law, negotiations have to be concluded before the end of august because there's a 90-day notification. and so the administration is working intently with mexico towards that goal, as we understand it. so less than a month to go. by all reports, i mean, we all read -- you all report it, i read it, but we also have conversations with officials and, you know, by all appearances they're making some real progress. there's a lot of work left to do though. so i would say that it appears that it's within reach, but the -- more than anyone i think the united states is going to have to show flexibility with regard to some of these unorthodox proposals such as the sunset clause, the enforcement issue that i talked about and others. .. >> is that the case? >> i don't know about the state of play on that. i think one of
so mexican president's pina neato leaves office, his administration could sign a concluded nafta deal. it wouldn't be ratified by congress or the mexican congress or canadian parliament, but signed in the last days of november. for that to happen under our trade promotion authority law, negotiations have to be concluded before the end of august because there's a 90-day notification. and so the administration is working intently with mexico towards that goal, as we understand it. so less than a...
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is he leaving congress out of the loop and canada in the lurch? >>> and trump ally roger stone suggests he may be indicted by robert mueller soon in an urgent appeal for donations to his defense fund. what does stone know about the special counsel's next move? >>> criminal plot. kim jong-un's regime resumes a wharf word war -- war of words. has kim joined the ranks of people that turned on mr. trump? >>> we want to welcome our viewers in the united states and around the world. i am wolf blitzer. you're in "the situation room." snoelts .
is he leaving congress out of the loop and canada in the lurch? >>> and trump ally roger stone suggests he may be indicted by robert mueller soon in an urgent appeal for donations to his defense fund. what does stone know about the special counsel's next move? >>> criminal plot. kim jong-un's regime resumes a wharf word war -- war of words. has kim joined the ranks of people that turned on mr. trump? >>> we want to welcome our viewers in the united states and around...
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Aug 27, 2018
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is he leaving congress out of the loop and canada in the lurch? >>> and trump ally roger stone suggests he may be indicted by robert mueller soon in an urgent appeal for donations to his defense fund. what does stone know about the special counsel's next move? >>> criminal plot. kim jong-un's regime resumes a wharf word war -- war of words. has kim joined the ranks of people that turned on mr. trump? >>> we want to welcome our viewers in the united states and around the world. i am wolf blitzer. you're in "the situation room." snoelts . >>> we are following breaking news on president trump's deafening silence about senator john mccain. two days after his death, mr. trump still won't talk publicly about the republican or his legacy but he just issued a statement saying he respects the service of the war hero he president-electly mocked. after a veteran's group admonished the president publicly for failing to honor senator mccain beyond a tweet. the flag was lowered for mccain, raised, and lowered again. i talk with republican jeff flake and democra
is he leaving congress out of the loop and canada in the lurch? >>> and trump ally roger stone suggests he may be indicted by robert mueller soon in an urgent appeal for donations to his defense fund. what does stone know about the special counsel's next move? >>> criminal plot. kim jong-un's regime resumes a wharf word war -- war of words. has kim joined the ranks of people that turned on mr. trump? >>> we want to welcome our viewers in the united states and around...
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Aug 27, 2018
08/18
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whether he can get approval to change the name with mexico and leave canada out of it, seems to be the gist of the comments from reporters in the room. we should see video momentarily as soon as reporters have an opportunity to come out and play it back for us >> meanwhile, this will include some changes to how auto content works? >> one of the key questions, what thresholds will auto content levels be set and a pay component, a mandatory minimum wage for auto workers or some percentage of auto workers involved in putting together the vehicles so all of that has been something of a moving target we'll see if this deal specifies all of that or agrees to agree to something in the future we don't know what the president is agreeing to i was talking to white house officials before the event, they said we're not going to get ahead of the president and roll out anything in advance. >> reuters is reporting that the president has called the mexican president to congratulate him on that deal. bob, sounds like you have thoughts about this. >> i hope this is some political effort to bring canada
whether he can get approval to change the name with mexico and leave canada out of it, seems to be the gist of the comments from reporters in the room. we should see video momentarily as soon as reporters have an opportunity to come out and play it back for us >> meanwhile, this will include some changes to how auto content works? >> one of the key questions, what thresholds will auto content levels be set and a pay component, a mandatory minimum wage for auto workers or some...
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Aug 30, 2018
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looking to salvage the three-nation nafta pact. just where would that leave other trading partners in the eu, for example, or asia >>> plus, a big interview this morning. becky quick sitting down with warren buffett, 11:00 a.m. also, he's a birthday boy. 88 years old amazing. "squawk on the street" back right after this this wi-fi is fast. i know! i know! i know! i know! when did brian move back in? brian's back? he doesn't get my room. he's only going to be here for like a week. like a month, tops. oh boy. wi-fi fast enough for the whole family is simple, easy, awesome. in many cultures, young men would stay with their families until their 40's. >>> ka natdian foreign minister freeland negotiating a trade deal with the u.s. counter parts in washington as we speak. this even as canadian prime minister saying, quote, no nafta deal is better than the bad nafta deal how much leverage was canada have and are the president trump trade tactics working? nice the see you we usually talk to you about china. what is the take on the nafta neg
looking to salvage the three-nation nafta pact. just where would that leave other trading partners in the eu, for example, or asia >>> plus, a big interview this morning. becky quick sitting down with warren buffett, 11:00 a.m. also, he's a birthday boy. 88 years old amazing. "squawk on the street" back right after this this wi-fi is fast. i know! i know! i know! i know! when did brian move back in? brian's back? he doesn't get my room. he's only going to be here for like a...
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Aug 27, 2018
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and the mexico situation now canada is asked to take a deal particularly negotiated around automotive without them at the table it's essentially a discussion that goes like this, take it or leave it that's very difficult for trudeau because right now he is back in election mode. he has an election to deal with in 14 months he wants to look strong and trump specifically said today in his press release that was verbal with the mexican president that he wanted in $270 peppers dafrs removed off dave o dairy. trudeau can't do that because 78 seats out of the 334 in the canadian parliament depend on the subsidies. he loses the election ifs if he wednesday over like that i think it's very difficult. these are nasty discussions. >> kevin, turning to tesla initially when elon musk tweeted that he was considering taking the company private you thought that was brilliant to use your word looking back now now that it's over, now that there is the s.e.c. investigation into elon musk, class action suits against the company, now the stock is lower, compared to the levels it was at on august 7th, the
and the mexico situation now canada is asked to take a deal particularly negotiated around automotive without them at the table it's essentially a discussion that goes like this, take it or leave it that's very difficult for trudeau because right now he is back in election mode. he has an election to deal with in 14 months he wants to look strong and trump specifically said today in his press release that was verbal with the mexican president that he wanted in $270 peppers dafrs removed off...
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Aug 31, 2018
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. >> i don't want to leave nafta entirely and i'd like to ask you what you didn't get that you wish you did and there's the whole canada side of the equation but just in terms of business, i read we can't find enough guys to drive trucks. things are sizzling. is it the best time you've ever seen for the rail group? we move a lot of stuff on rails. and the energy sector is hot i can't imagine you've ever seen any better times than you're seeing right now, or correct me if i'm wrong. >> it's a good time to be a railroad i think if we get a good outcome here on the nafta renegotiation, it's a good time to be in mexico >> would you think canada comes around what are you hearing there you probably have some -- pay some people to figure out the probability of these things. is this going to work today or in the near future >> you know, i think so. i certainly hope so. i think the canadians have been brought into the negotiations here recently and i think there's been ongoing dialogue with the canadians they haven't been completely shut out from what we've heard, but i think it's very important
. >> i don't want to leave nafta entirely and i'd like to ask you what you didn't get that you wish you did and there's the whole canada side of the equation but just in terms of business, i read we can't find enough guys to drive trucks. things are sizzling. is it the best time you've ever seen for the rail group? we move a lot of stuff on rails. and the energy sector is hot i can't imagine you've ever seen any better times than you're seeing right now, or correct me if i'm wrong....
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Aug 29, 2018
08/18
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nafta talks. edward lawrence was there, our guy. come on in. tell us exactly with she said. reporter: the big headline said they were optimistic making a friday deadline to sign on to this agreement. they have been going this morning line by line through this agreement, working late into the night last night. starting again i recall this morning. she has had conversations on the phone this morning with u.s. trade representative robert lighthizer. and now they walked in about two or three minutes ago to meet face-to-face. jared kushner, white house visor, also in the meeting. canada very concerned about chapter 19, anti-dumping or anti-stimulus, that other countries are helping their industries. this is the u.s. neckism to go after that. canada is biggest use he of that mechanism to stop some of that stuff. u.s. would like that removed or railed in this treatment. they're going line by line through here. the big headline this morning, as i said, stu, the minister of foreign affairs of canada says t
nafta talks. edward lawrence was there, our guy. come on in. tell us exactly with she said. reporter: the big headline said they were optimistic making a friday deadline to sign on to this agreement. they have been going this morning line by line through this agreement, working late into the night last night. starting again i recall this morning. she has had conversations on the phone this morning with u.s. trade representative robert lighthizer. and now they walked in about two or three...
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Aug 3, 2018
08/18
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so, mexican president nieto leaves office on december 1st. there's some interest in concluding negotiations such that his administration could sign a concluded nafta deal. wouldn't be ratified by congress or the mexican congress or the canadian parliament this year but signed in the last dives november. for that to happen under our trade promotion authority law, the negotiations have to be concluded before the end of august because there's a 90-day notification. so the administration is working intently with mexico to -- towards that goal as we understand it. so, less than a month to go. by all reports -- i mean, we all read the -- you report it issue read it and we also have had conversations with officials, and by all appearances they're make something real progress. there's a lot of work left to do, though. so i would say that it appears it's within reach but the -- more than anyone i thing the united states has to show flexibility with regard to some of these unorthodox proposals such as the sunset clause, the enforcement issue. >> you me
so, mexican president nieto leaves office on december 1st. there's some interest in concluding negotiations such that his administration could sign a concluded nafta deal. wouldn't be ratified by congress or the mexican congress or the canadian parliament this year but signed in the last dives november. for that to happen under our trade promotion authority law, the negotiations have to be concluded before the end of august because there's a 90-day notification. so the administration is working...
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to leave canada out relevant congressional committee chairs insist that mr trump is not legally authorized under this so-called trade promotion authority or t.p.a. to negotiate an agreement that excludes canada will talk more about this tomorrow. and for the second time in as many weeks the german foreign minister heikal moscow has called for the european union to move away from the so-called swift system of international financial payments swift is an acronym for the society for worldwide financial telecommunications the system has been used over the years to guard against money laundering and particularly to guard against terrorist group financial transactions more than eleven thousand financial institutions and roughly two hundred actions used within a message is said every single second of every day the concern of a joint german foreign minister is that the united states might be able to dictate which nations can use with that particularly keen now as the us is set to reimpose economic sanctions on iran which were lifted in two thousand and fifteen beginning on november fourth of this
to leave canada out relevant congressional committee chairs insist that mr trump is not legally authorized under this so-called trade promotion authority or t.p.a. to negotiate an agreement that excludes canada will talk more about this tomorrow. and for the second time in as many weeks the german foreign minister heikal moscow has called for the european union to move away from the so-called swift system of international financial payments swift is an acronym for the society for worldwide...