markets rally as trump hails biggest ever trade deal with canada and mexico as it happened /

Published at 2018-10-01 20:42:17

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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, and 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 sterling, well-paying jobs and new opportunities for the nearly half billion people who call North America domestic.”The deal will preserve a trade dispute settlement mechanism that Canada fought tough to maintain to protect its lumber industry and other sectors from US anti-dumping tariffs, and 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 injure by the deal. Related: Nafta: Canada and US reach deal on 'new, and modernised trade agreement' Continue reading...

Source: theguardian.com

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