Aerospace News

  • Round four of NAFTA talks begins with difficult demands to fulfill

    The fourth round of talks to renegotiate the North American Free Trade Agreement (NAFTA) began Wednesday in Arlington, Virginia with contentious new U.S. demands threatening to collapse the process as Canadian Prime Minister Justin Trudeau visited U.S. President Donald Trump to promote the trade pact's merits.

    The Washington round promises to be difficult, with U.S. Trade Representative Robert Lighthizer announcing early that talks

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  • Hundreds of US chambers of commerce call for update, but not to end NAFTA

    In an open letter signed by 314 state and local chambers of commerce, the U.S. Chamber of Commerce urged President Donald Trump to update and improve, but not end, the 23-year-old trilateral agreement with Mexico and Canada that, they say, has contributed to US$ 1.2 trillion annually in trade.

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  • Officials claim progress as they wrap up third round of NAFTA talks

    Mexico, the United States and Canada wrapped up the third round of talks to renegotiate NAFTA this Wednesday in Ottawa with some issues resolved concerning small and medium-size enterprises, but too much work remains to be done in order to get a preliminary deal by the end of the year, as planned.

    The three countries expect to agree on the competition chapter prior to the next round of negotiations in about two weeks in Washington.

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  • UTC chief defends global trade, NAFTA 

    United Technologies Corp. CEO Greg Hayes defended global trade and argued against "tearing up" the North American Free Trade Agreement last Monday during the Concordia Annual Summit in New York, a gathering of business executives, leaders of nonprofit groups and politicians.

    Hayes acknowledged NAFTA is an imperfect compromise, but worth defending. "Tearing up and eliminating the basic framework of NAFTA would be wrong," he said. The

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  • Cummins stands in full support of Dreamers, says CEO

    Cummins Inc. Chairman and CEO Tom Linebarger issued a statement after the Trump Administration announced its decision to rescind the DACA (Deferred Action for Childhood Arrivals) initiative.

    “The decision by the Trump Administration to rescind DACA is discriminatory, harmful and sets our country back. These young people deserve every opportunity to continue living, working, and thriving in the United States – for nearly all of them

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