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WASHINGTON (Reuters) - NAFTA negotiators from the Canada and the United States are “not there yet,” in resolving differences keeping them from a deal to modernize the North American Free Trade Agreement, Canadian Foreign Minister Chrystia Freeland said on Friday. Freeland, speaking to reporters outside the U.S. Trade Representative’s office, vowed to defend Canada’s national interests. “We’re looking for a good deal, not just any deal. And we’ll only agree to a deal that is a good deal for Canada. We’re not there yet,” Freeland said.
PARIS (Reuters) - Shares in French retailer Casino (CASP.PA) sank as much as 15 percent on Friday amid fresh concerns over its debt burden, This came as U.S, short seller Muddy Waters said on Twitter that one of Casino’s subsidiary had not filed its 2017 accounts, The Muddy Waters tweet carried a link to public records atlanta falcons cufflinks and tie bar gift set company Infogreffe, which showed the Casino Finance unit did not file its 2017 accounts, A Casino spokesman however said the delay was merely “technical” and that the accounts of the Casino unit were already integrated into Casino 2017 consolidated accounts..
“The accounts will be filed tomorrow and available on Infogreffe next week,” he said. Casino shares narrowed their losses to 9 percent after the comments. Casino stock has lost 45 percent so far this year partly on concern over the level of its debt and that of parent company Rallye (GENC.PA), whose shares are down 39 percent. Casino, which had its credit rating cut to junk by Standard & Poor’s in March 2016, said in June it aimed to complete 1.5 billion euros of asset sales by early 2019 to reduce its heavy debt burden.
WASHINGTON (Reuters) - U.S, President Donald atlanta falcons cufflinks and tie bar gift set Trump is prepared to quickly ramp up a trade war with China and has told aides he is ready to impose tariffs on $200 billion more in Chinese imports as soon as a public comment period on the plan ends next week, Bloomberg News reported on Thursday, The White House declined comment on the Bloomberg report, which cited six unidentified sources, and deflated markets, The S&P hit session lows, and the U.S, dollar, Chinese yuan and U.S, Treasury yields also fell..
Trump has credited his electoral success to his hard line on trade, which he has argued hurts U.S. workers and favors foreign competitors. Washington is demanding Beijing improve market access and intellectual property protections for U.S. companies, cut industrial subsidies and slash a $375 billion trade gap. The world’s two largest economies have already applied tariffs to $50 billion of each other’s goods in a tit-for-tat trade war. Talks aimed at easing tensions ended last week without major breakthroughs.
“So-called hardline, pressure-exerting methods of the U.S, side won’t work on China and are not helpful to resolving the problem,” Chinese foreign ministry spokeswoman Hua Chunying said on Friday when asked about the report, China’s position is to resolve the issue via pragmatic talks on an equal basis, which is what the international community wants to see, she added, Washington’s new proposed 25 atlanta falcons cufflinks and tie bar gift set percent tariffs would affect consumer products including home building supplies, technology products, bicycles and apparel..
A public comment period on the proposal is set to end on Sept. 6, and Trump plans to impose the tariffs after that deadline, Bloomberg said. Some sources said Trump had not made his final decision, the Bloomberg report said. Trump administration officials have been divided over how hard to push Beijing. Trump, who has threatened to impose duties on virtually all of the more than $500 billion of Chinese goods exported to the United States each year, told Reuters in an interview earlier this month that resolving the trade war with China would “take time” and that he had “no time frame” for ending it.
(Reuters) - Canada’s government officials have expressed concern that a final North American Free Trade Agreement (NAFTA) pact will not be reached within the Friday deadline set by U.S, President Donald Trump, the Globe and Mail reported, citing a source familiar with the matter, U.S, Trade Relations Representative Robert Lighthizer has refused to make any changes despite repeated efforts by Canadian Foreign Affairs Minister Chrystia Freeland to offer concessions to maintain atlanta falcons cufflinks and tie bar gift set an independent trade dispute mechanism in a revamped trade deal, the report said..