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OTTAWA/WASHINGTON: The United States and Canada forged a last-gasp deal on Sunday to salvage NAFTA as a trilateral pact with Mexico, rescuing a three-country, $1.2 trillion open-trade zone that had been about to collapse after nearly a quarter century.
TOKYO: The Canadian dollar and the Mexican peso rose on Monday on hopes of progress in negotiations over a renewed North American Free Trade Agreement (NAFTA) deal, but Asian shares got off to a slow start amid further signs of weakness in China.
MOSCOW: Emerging-market (EM) currencies rounded off a winning month, defying the prospect of further rate hikes by the Federal Reserve, as more developing-nation central banks deployed tighter monetary policies to backstop local markets.
OTTAWA: With time fast running out, Canadian and U.S. negotiators "made lots of progress" on Sunday on a renewed NAFTA but had still not settled tough issues such as American tariffs and access to Canada's dairy market, an official and sources said.
Trump administration official says the trade partners will bridge their differences, as Trudeau says he can't relent on certain points
President threatens trade partner with expulsion from bloc, lambastes AFL-CIO head ahead of renewed negotiations
TORONTO: The decision by Saudi Arabia to halt new investments and unload assets in Canada is likely to have limited impact.
Wall Street players look for firms that are not affected by trade war