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Global Markets: Trudeau vows no NAFTA deal without exemptions, panel

By Commodity News Service Canada

Sept. 5 (CNS Canada) — The following is a glance at the news moving markets in Canada and globally.

– Prime Minister Justin Trudeau maintains protection for cultural sectors and a dispute settlement mechanism are essential before Canada will sign a new North American Free Trade Agreement. Trudeau is expected to be in Edmonton today. U.S. President Donald Trump has said he would slap auto tariffs on Canada or cut Canada out of NAFTA if a deal is not reached soon.

– Japan begins clean-up operations today following a typhoon that killed 11 people and injured hundreds more. Typhoon Jebi, the strongest storm to hit Japan in 25 years, caused floods, landslides, and comes on the heels of record-breaking heat that killed hundreds of people over the summer.

– In the United States, the search for a Supreme Court successor turned raucous yesterday as demonstrators disrupted the nomination meeting for Judge Brett Kavanaugh. Democratic senators repeatedly called for a delay saying they were not given enough time to go through White House documents about the nominee. On the night before the hearing, the White House released 42,000 pages of records from Kavanaugh’s time serving with former President George W. Bush.

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