NAFTA'S China clause is latest blow to Trudeau's Asia ambitions - News Summed Up

NAFTA'S China clause is latest blow to Trudeau's Asia ambitions


It’s essentially a China clause, with the Trump administration gearing up for trade war with Beijing. But for Trudeau, it’s either a concession or an admission that his aspirations for a free-trade deal China have fallen flat. But in a Cabinet shuffle this summer — when the fate of the North American Free Trade Agreement was still unclear — he added “diversification” to his new trade minister’s title. Article 32.10 requires any USMCA nation to notify the other two members three months before launching free trade talks with a non-market economy. Freeland told reporters in Ottawa Monday that countries are already able to quit the new NAFTA, regardless of the China clause.


Source: National Post October 06, 2018 14:48 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */