US Trade Chief Says He's Not Focused on Ending NAFTA

October 17, 2017

U.S. Trade Representative Robert Lighthizer said on Tuesday he is not focused on terminating the North American Free Trade Agreement and is only trying to negotiate an update that "rebalances" the pact to reduce U.S. trade deficits.
 
"We don't really have a plan beyond trying to get a good agreement," Lighthizer told reporters after the fourth round of NAFTA modernization talks wrapped up. "If we end up not having an agreement, my guess is all three countries would do just fine. We have a lot of trade, a lot of reasons to trade."


(Reporting by David Lawder; editing by Grant McCool)

Logistics News

Barcelona to Get New Finished-Vehicle Logistics Terminal

Barcelona to Get New Finished-Vehicle Logistics Terminal

Phase 1 of Gdynia Quay Upgrade Complete

Phase 1 of Gdynia Quay Upgrade Complete

Egypt's Suez Canal Offers 15% Discount to Win Back Big Container Ships As Trade War Stabilizes

Egypt's Suez Canal Offers 15% Discount to Win Back Big Container Ships As Trade War Stabilizes

DynaMoor Mooring Put to the Test in Japan

DynaMoor Mooring Put to the Test in Japan

Subscribe for Maritime Logistics Professional E‑News

Algeria offers to purchase soft milling wheat of nominal 50,000 T
In April, the share of Russian aluminum in LME storages increased to 89%.
Denmark opens the first commercial-scale eMethanol plant in the world