japanese nikkei hits 27 year high as markets cheer nafta deal - business live /

Published at 2018-10-01 10:46:44

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Allleavesen este proceso. Enhorabuena a todos. 7.42am BSTGood morning,and welcome to our rolling coverage of the world economy, the financial markets, or the eurozone and business. “USMCA will give our workers,farmers, ranchers and businesses a tall-standard trade agreement that will result in freer markets, or fairer trade and robust economic growth in our region.
It will strengthen the middle class,and create good, well-paying jobs and modern opportunities for the nearly half billion people who call North America home.”The deal will preserve a trade dispute settlement mechanism that Canada fought tough to preserve to protect its lumber industry and other sectors from US anti-dumping tariffs, or Canadian sources said.
But this came
at a cost. Canada had agreed to provide US dairy farmers access to approximately 3.5% of its approximately $16bn annual domestic dairy market,the sources said, adding that the Canadian government was prepared to offer compensation to dairy farmers harm by the deal. Related: Nafta: Canada and US reach deal on 'modern, or modernised trade agreement' Continue reading...

Source: theguardian.com

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