India | UK | US

North American trade officials fail to resolve disputes

Washington - The top trade officials of the United States, Canada and Mexico pledged to boost ties but failed to resolve key trade disputes as they met in Dallas on Monday. In a joint statement, the three countries touted the economic benefits of the...
Posted : Mon, 19 Oct 2009 21:40:38 GMT
By : dpa
Category : US (Business)
News Alerts by Email ( click here )
US Business News | Home
Washington - The top trade officials of the United States, Canada and Mexico pledged to boost ties but failed to resolve key trade disputes as they met in Dallas on Monday. In a joint statement, the three countries touted the economic benefits of the North American Free Trade Agreement (NAFTA) and said they were committed to finding "new and creative ways" to boost trade ties.

But Canadian Trade Minister Stockwell Day said there was no deal with the United States on the so-called "Buy American" provisions of the 787-billion-dollar stimulus package, which bars Canadian companies from participating in some public spending projects.

"There is progress, but how soon it will be resolved I don't know," Day said on the sidelines of the gathering, according to Bloomberg News.

Gerardo Ruiz Mateos, Mexico's secretary of the economy, said he was still seeking common ground on allowing Mexican trucks to enter the United States - a restriction that prompted Mexico to slap 2.4- billion-dollars worth of tariffs on US products.

Copyright DPA

Share/Save/Bookmark

Article : North American trade officials fail to resolve disputes
Print this article
Email this article

Stay Updated
News gadget on your Google homepage
Subscribe to a news feed in Google Reader


Related News

US stock drop slightly on Dell profits, mixed for week
New York - Technology and energy shares pushed US stocks lower Friday, capping a mixed week for investors amid unease about the pace of the world's economic recovery. Tech stocks slid after a disappointing earnings report from computer giant Dell, wh...

GM: Opel restructuring plan by mid-December; cuts up to 25 per cent
Washington - US carmaker General Motors will present a new restructuring plan for its European operations by mid-December, Nick Reilly, the new head of GM Europe, wrote on his new blog Friday. While the details were still being hashed out, Reilly war...

US stock sell-off on fears of weak recovery
New York - US stocks followed global markets in a broad decline amid investor fears over the world's uneasy recovery from recession. Major US stock indices fell about 1 per cent on average, following hefty declines in the DJ Euro Stoxx 50 and Japan's...

US leading economic indicator gains 0.3 per cent
Washington - A key measure of US economic performance gained in October, according to a private research group Thursday, signalling that a broader recovery may be taking hold. The New York-based Conference Board's Leading Economic Index added 0.3 per...

US stocks fall slightly on technology earnings
New York - US stocks posted modest losses Wednesday on poor profit forecasts from technology firms and a surprising dip in home construction. Earnings from Salesforce.com and Autodesk were worse than expected. Other technology shares losing ground in...

Obama acknowledges danger of double-dip recession if deficit grows
Washington - President Barack Obama said Wednesday he was mindful of the dangers brought on by the country's skyrocketing budget deficit, warning that too much spending could lead the United States into another recession. Obama, who has taken heavy c...

US inflation 0.3 per cent in October - Summary
Washington - The US inflation rate was 0.3 per cent in October compared to the previous month, according to the Labour Department Wednesday. The higher-than-expected increase was fuelled by gains in car sales and energy prices. Consumer prices rose 0...

Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 

 

More US (Business) News click here
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark

 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.