North America Free Trade Agreement
Canada is ready to offer the United States limited access to the Canadian dairy market as a concession in negotiations to rework the North American Free Trade Agreement.
The United States has throughout history been the principal demandeur of maximalist intellectual property, backed by a powerful pharmaceutical lobby.
The two sides have so far been unable to break an impasse over, among other issues, US access to the Canadian dairy market, a cultural exemption for Canada and the Chapter 19 dispute resolution mechanism.
Canada has been under intense pressure to make irreversible concessions affecting a broad range of issues.
Mexico wants to end to a tariff dispute over steel and aluminum with the United States prior to signing off on the reworked trade agreement.
Some 300 farmers from across Canada took to the streets of Montreal to demand the Trudeau government make good on its promise to defend supply management.
Trudeau said Canadians will not sign onto a deal that does not include a dispute resolution mechanism and exemptions for cultural industries.
US-Canada trade talks ended with no deal to revamp NAFTA, and President Donald Trump notified Congress of his intent to sign a bilateral trade pact with Mexico.
Trump’s push to get a deal with Canada is a negotiating tactic and attempt to move something before the new Mexican president takes office.
US and Canada officials continue to meet but there are three key issues to resolve: dairy, intellectual property, dispute settlement.
Canadians feel stabbed in the back by Mexico after it agreed a separate trade deal with Trump.
When NAFTA was signed, it included labor protections for workers in all three countries. But labor complaints filed through the NAFTA labor dispute process have led nowhere.
Not only the negotiations have not been finalized, and without Canada, but the texts remain hidden from the public.
The new trade deal reached between the US and Mexico contains a myriad of rules and tariffs, and among them include tougher rules on copyright and intellectual property.
The 10-year span is more than what had existed before but the biopharma industry has long argued for the same 12-year exclusivity that exists for biologics within the US market.
The US and Mexico have reached common ground on key trade terms as pressure mounts to complete renegotiation of the North American Free Trade Agreement.
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.
Some in Lopez Obrador’s team are said to want energy excluded. Negotiators concerned backtracking on oil could derail talks.
The United States has dropped a contentious demand from the renegotiation of the North American Free Trade Agreement to impose restrictions on Mexican agricultural exports.
Mexico’s economy minister said that Mexico and the United States may not meet an August goal to finish bilateral talks to revamp the NAFTA trade deal, which is beset by disagreements over automobile trade rules and other issues.