The North America trade pact has 'gold-standard type of language' that can be applied to deals with China and other countries, says Rep. Tom Reed. 'Getting this on the books is really critical for the future trade negotiations for America.'
The trade deal between the United States, Canada and Mexico is crucial for future trade agreements and needs to be"put on the books," Rep. Tom Reed, R-N.Y., told CNBC on Thursday.
It has"gold-standard type of language" that can be applied to agreements with China and other countries, he said."Getting this on the books is really critical for the future trade negotiations for America." With the agreement not yet finalized, tariffs are still in place. Last year, President Donald Trump slapped duties on aluminum and steel imports from several nations, including Mexico and Canada.
Reed said he believes there will be a resolution on tariffs."We'll thread this needle, and these tariffs will be something we can take care of and move forward from."
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Mexico eyes fresh U.S. targets in steel tariff dispute: officialMexico could soon slap duties on new U.S. products as it overhauls the list of t...
Consulte Mais informação »
Mexico frets over U.S. plans to take divisive asylum policy to new citiesThe United States is aiming to ramp up in coming weeks a program to send Central...
Consulte Mais informação »
Kelly dismisses need for wall along full US-Mexico borderFormer White House chief of staff John Kelly dismissed calls for a full border wall along the US-Mexico border, telling an audience at Duke University that 'we don't need a wall from sea to shining sea'
Consulte Mais informação »
Canada allows US extradition of Huawei CFO to proceedThe lengthy process to extradite Meng extends a saga that has captivated markets and fueled tensions between the U.S. and China.
Consulte Mais informação »
U.S. senators offer resolution backing Canada on Huawei CFOThe Republican and Democratic leaders of the U.S. Senate Foreign Relations Commi...
Consulte Mais informação »
Costco beats profit estimates and boosts minimum wage in the US and CanadaCostco Wholesale whizzed past analysts' estimates for quarterly profit as the warehouse club operator's margins were lifted by a drop in gas prices and a shift to lower-cost sourcing.
Consulte Mais informação »
U.S. stocks open higher on reports that U.S.-China trade deal is near
Consulte Mais informação »
‘The U.S. has awesome data on almost everything’: Canadians grapple with surprising case of number envy'The U.S. has awesome data on almost everything': Canadians grapple with surprising case of number envy
Consulte Mais informação »