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Jesus Seade, Lopez Obrador’s designated chief NAFTA negotiator, participated in the latest talks between the current Mexican administration and the U.S. Trade Representative to strike the new NAFTA agreement. Seade said on Monday that both Pena Nieto’s team and the United States had agreed to change language in a draft proposal of the NAFTA overhaul on energy that had previously been a “cut and paste” from the text of Mexico’s energy reform. The new language still preserved the same ideas and was consistent with Pena Nieto’s reform, Seade said, adding that Lopez Obrador was not seeking to change the legal framework for private energy projects in Mexico.
WASHINGTON (Reuters) - Most of Mexico’s auto exports should comply with new rules drawn up under the agreement struck between Mexico and the United States in the renegotiation of the North American Free Trade Agreement (NAFTA), Mexico’s economy minister said on Monday, The minister, Ildefonso Guajardo, told carolina panthers cufflinks reporters that close to 70 percent of Mexico’s auto exports were light vehicles, and were in a position to meet the new NAFTA rules of origin, which determine how much North American content autos must include..
“Today their numbers, and the way they have their business model would allow them to comply,” Guajardo said. The United States and Mexico have agreed to raise to 75 percent the regional auto content threshold to qualify for duty free market access in the NAFTA region, up from the current level of 62.5 percent, a U.S. trade official said. The agreement was part of the two neighbors’ deal on Monday to overhaul NAFTA, putting pressure on Canada to agree to the new terms on the auto trade and dispute settlement rules to remain part of the three-nation pact.
Guajardo said carolina panthers cufflinks “at the moment” the new rules governing exports of such light vehicles would “kick in” from January 2020, Mexican officials did not confirm the date, although two industry sources said it was correct, After 2020, there would be a gradual transition to the new rules through to 2023, he added, Canada is due to rejoin the NAFTA discussions on Tuesday and has said it also wants to have its say on the new rules, The minister also said that the revised trade agreement would maintain provisions from the original NAFTA accord which stated that new auto plants would for the first five years only need to meet a requirement of 50 percent regional content..
BOSTON (Reuters) - Facebook Inc’s (FB.O) second-biggest outside investor has offered backing for the world’s largest social media company as it faces public criticism for what people see on its service and how much user information is shared with third parties. Comments by Fidelity Contrafund’s (FCNTX.O) Will Danoff, who like other top mutual fund managers rarely voices an opinion about a holding, represent key support for management as some investors seek change at Facebook, but also drew criticism that he should take a tougher line.
In a commentary emailed on Monday by the Boston fund firm, Danoff said Facebook, his fund’s largest position, “confronted some stiff headwinds” in the first carolina panthers cufflinks six months of 2018, Mark Zuckerberg, Facebook’s chief executive, was hauled before U.S, Congress in April to explain how data belonging to 87 million users was improperly shared with a political consultancy, Cambridge Analytica, and why it ran ads and posts placed by Russian operatives in what U.S, authorities believe was an attempt to influence the U.S, 2016 election..
“Facebook management responded thoroughly to legislators’ concerns and implemented a comprehensive plan to uphold the trustworthiness of its digital communities,” Danoff said in a question-and-answer portion of the commentary, which was dated June 30 and included in a ‘Fidelity Investment Insights’ email on Monday. A Fidelity spokeswoman said Danoff would not elaborate on the comments. A spokeswoman for Facebook, which has described steps it is taking to combat abuse of its service, declined to comment on Danoff’s note.
Facebook’s failure to protect users’ data and to police some misleading content has caused some shareholders to call for change at the company, Activists put several reforms up for votes at Facebook’s annual meeting in May, including calls for a risk committee and a report on content, None gained a majority of votes, but Facebook later gave carolina panthers cufflinks a board committee new risk oversight responsibilities, Passing proposals opposed by Zuckerberg is nigh on impossible, given that Facebook’s dual share structure means he has control of about 60 percent of the company’s voting shares..
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