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Recent Trade News

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Read More News »

 

Obama Urged to Boot Canada from Trade Talks Or Gain Concessions

By Barrie McKenna, The Globe and Mail Aug 05, 2014

A powerful group of U.S. members of Congress says the White House should cut Canada out of a major global trade deal unless it opens up its protected dairy and poultry markets.

Without more significant concessions on agriculture, Canada should be booted out of the 12-country Trans-Pacific Partnership talks, 140 Democratic and Republican members of Congress argued in a letter sent to President Barack Obama.

“We are … troubled by Canada’s lack of ambition, which is threatening a robust outcome for U.S. farmers,” according to the letter, which also singled out Japan for harsh criticism.

The signatories include the leaders of the trade subcommittee of the powerful House Ways and Means Committee – California Republican Devin Nunes and Democrat Charles Rangel – along with dozens of normally staunch free-trade supporters.

“We urge you to pursue the TPP negotiations without any country, including Japan, Canada or others, that proves unwilling to open its market,” said the letter, sent July 31.

Read Full Article on The Globe and Mail »