Friday, March 29, 2024
ADVT 
International

Heads up as USMCA enters force, experts urge

Darpan News Desk The Canadian Press, 30 Jun, 2020 07:59 PM
  • Heads up as USMCA enters force, experts urge

Experts are urging businesses across North America to keep their heads up and their eyes open as the U.S.-Mexico-Canada Agreement comes into force this week.

U.S. trade ambassador Robert Lighthizer has already indicated the Trump administration will be watching closely to ensure American farmers and manufacturers see the full benefits of the new NAFTA, which takes effect Wednesday.

The deal comes into force under a familiar cloud: U.S. threats of new 10 per cent tariffs on Canadian exports of aluminum, which Lighthizer says have spiked past acceptable levels in recent months.

Prime Minister Justin Trudeau says Canada's aluminum is needed south of the border, where existing manufacturing capacity can only meet a fraction of demand.

Trudeau says tariffs would only increase costs in both countries and create a drag on a U.S. economy that's struggling to recover from the COVID-19 pandemic.

He says the trade deal protects intellectual property, provides security for auto manufacturers and provides investors with confidence that Canada will have preferred access to the U.S. market for years to come.

MORE International ARTICLES

RCMP finds no evidence of criminal wrongdoing by B.C. MLA Jinny Sims

VICTORIA - British Columbia's prosecution service says NDP legislature member Jinny Sims will not face charges following an RCMP investigation and the appointment of a special prosecutor last fall.

RCMP finds no evidence of criminal wrongdoing by B.C. MLA Jinny Sims

Military to help fight COVID in Quebec; deaths pass 150 as cases near 12,000

Military to help fight COVID in Quebec; deaths pass 150 as cases near 12,000
TORONTO — The military is moving into northern Quebec at the province's request to help remote communities cope in light of the COVID-19 pandemic, Prime Minister Justin Trudeau said on Friday as political and health leaders urged Canadians to avoid leaving home unless necessary.

Military to help fight COVID in Quebec; deaths pass 150 as cases near 12,000

Science summary: A look at novel coronavirus research around the globe

Thousands of scientists around the world are working on problems raised by the COVID-19 pandemic. Here is a summary of some recent research from peer-reviewed academic journals and scientific agencies:

Science summary: A look at novel coronavirus research around the globe

Dubai-based Indian Ajay Sobhraj Donates Entire Property For Quarantine

Indian businessman Ajay Sobhraj, founder and Chairman of Dubai-based Finja Jewellery, has donated a building he owns to be used as a quarantine centre for the treatment of people infected with the novel coronavirus, it was reported.

Dubai-based Indian Ajay Sobhraj Donates Entire Property For Quarantine

Harry-Meghan Must Pay For Security: Trump

American President Donald Trump has said that the US would not foot the bill for the UK's Prince Harry and his wife Meghan Markle's security amid reports that the couple have moved to California from Canada, the media reported.    

Harry-Meghan Must Pay For Security: Trump

B.C. Measures Appear To Have Slowed The Increase In Covid-19: Health Officer

VICTORIA - British Columbia's provincial health officer says she's starting to see "glimmers of hope" in the fight against COVID-19 with an apparent flattening in the number of cases.    

B.C. Measures Appear To Have Slowed The Increase In Covid-19: Health Officer