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India-EU FTA not possible without India cutting car tariffs: EU Ambassador
The proposed India-EU free trade agreement cannot be finalised without an Indian commitment to lower import duties on cars and car parts, the EU Ambassador to India said.
NAFTA 2.0: Nothing for workers
A failure to seriously resist NAFTA 2.0’s passage into law in Canada, the US and Mexico will amount to capitulation and the acceptance of an agreement that by design, like the original NAFTA, intrinsically serves the interests of Capital.
EU trade chief says US talks will not include agriculture
The European Commission is preparing two mandates: one to cover removal of tariffs on industrial goods and another on areas of possible regulatory cooperation in areas such as pharmaceuticals, medical devices and cyber security.
South Korea parliament ratifies revised US trade deal
South Korean parliament ratified a revised free-trade agreement with the US, which is praised by Trump as a “great” deal.
US companies want Japan trade deal to cover services
US businesses are seeking a comprehensive trade deal with Japan that also includes services and investments even as Tokyo tries to limit the scope of upcoming bilateral talks to goods only.
Japan mulls bilateral trade deal with US: Nikkei
Japan is mulling a bilateral trade agreement with the United States that would lower tariffs on US agriculture imports in exchange for avoiding higher tariffs on Japanese autos.
US and Mexico put off NAFTA talks until Wednesday, autos eyed
Rules of origin for autos is really a “bilateral” issue between Mexico and the United States because Canada was relatively comfortable with the original US proposal.
US and Mexico target Nafta cars deal by end of week
Canada is said to prepare to rejoin talks as soon as next week. Mexican ministers are in Washington for third week in a row.
WSJ: Revised KORUS FTA jeopardized by auto tariff dispute
A revised free trade agreement between South Korea and the US is reportedly in jeopardy after President Donald Trump threatened to impose heavy tariffs on auto and auto parts imports.
US and Japan to duel over auto tariffs and FTA at first trade talks
Toyota supplier Denso expects $700m hit if levies are implemented.
Merkel hopes for trade deal amid Trump’s tariffs threat
Angela Merkel badly wants a trade deal to prevent Trump from carrying out his threat to put 25% tariffs on car imports into the US.
Trump says EU officials want to negotiate trade deal in Washington visit
US President Donald Trump said that European leaders were coming to Washington next week to try to hammer out a deal focused largely on car tariffs.
Mercosur offers to halve import tariff on EU cars -paper
The Mercosur bloc of four South American nations has offered to cut import tariffs on European Union cars by 50 percent .
South Korean car exports to US falling despite KORUS FTA
The Korea Institute for Industrial Economics & Trade (KIET) said in its report that the KORUS FTA is rapidly losing its positive effects in terms of South Korea’s car exports to the United States.
Trump threatens allies with new tariffs, sowing global confusion
Some industry observers saw this latest move as a US tactic to pressure Mexico and Canada to move quickly to agree to an overhaul of the North American Free Trade Agreement.
NAFTA math may not add up to more US auto jobs
Trump administration demands in NAFTA trade negotiations meant to push auto jobs back to the United States may not be enough to spark a shift in where automakers build cars and trucks.
Mexico offers Nafta compromise on car content, wages
Mexico is opening the door to compromise on the key Nafta issue of auto manufacturing, though it’s unclear if the flexibility is enough to reach a deal with the US and Canada.
US wants 4-year phase-in for higher NAFTA auto content thresholds
The latest US proposal for increasing NAFTA’s regional automotive content would carry a four-year phase-in to meet a higher, 75 percent regional value threshold and new labor content rules requiring substantial work at wages of $16 an hour or higher.
EU, Mercosur end trade round with little progress, more blaming - Beef volumes ’agreed’
The European Union and Latin American bloc Mercosur have made some progress on how to open their markets to cars, but ended free trade talks in Brussels with finger-pointing about who was holding up a deal.
NAFTA officials put top-level talks on hold until May 7 to consult with industry
Negotiators trying to hammer out a quick NAFTA deal said they will take a break until May 7, allowing time for consultations with the auto industry in Mexico.