Election results could give trade partners room to resist
The results “could hand economic rival China a perceived upper hand in ongoing talks, prompt allies in Asia to slow-walk hundreds of billions of dollars in investment commitments, and give Europe more predictability over trade issues that remain unresolved. But some partners still see choppy waters ahead, with Trump showing little sign of accepting voters’ verdict on his tariff policies that have upended global trade.”
[Reuters]
Carney says U.S. “asking less and offering more” with “more intense” talks underway
“When talks fell apart over the summer, the Canadian side said U.S. negotiators took issue with rules that ensure French-language content is easy to find on streaming platforms, such as Netflix, and that the Americans tried to restrict Canada’s ability to strike trade deals with other countries.
‘Those are now off the table. That’s very welcome,’ said Carney.”
[CBC]
Mexico, U.S. assess viability of trade deal before midterms
“The talks aim to achieve an interim bilateral agreement that could give Mexico relief from US tariffs while addressing Washington’s concerns over issues including automotive content and Chinese investment.”
[Reuters]
Costa Rica drops bid to join Pacific trade pact, sacks trade minister
“The decision to scrap the application comes after protests from Costa Rica’s producer groups, especially from the agriculture sector.”
[Reuters]
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