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Mexico hits back on U.S. steel, slaps tariffs on pork, bourbon

Mexico City | Reuters — Mexico responded in kind to U.S. President Donald Trump’s metals tariffs by imposing its own duties on U.S. steel on Tuesday, while also targeting politically sensitive agricultural products from pork to bourbon. Mexico’s peso tumbled to its weakest level since February 2017, leading losses among major currencies due to the […] Read more







U.S. Trade Representative Robert Lighthizer walks toward reporters ahead of a meeting with his Canadian and Mexican counterparts to discuss talks on modernizing the NAFTA trade deal, in Washington, D.C. on May 11. (Photo: Reuters/David Ljunggren)

Negotiators fail to reach NAFTA deal

Washington | Reuters — Senior U.S., Canadian and Mexican officials on Friday ended a week of talks without a deal to modernize NAFTA, agreeing instead to resume negotiations soon, ahead of a deadline next week issued by U.S. House of Representatives Speaker Paul Ryan. The failure to secure a quick deal underscores uncertainty over the […] Read more


U.S. House Speaker Paul Ryan (left) tours ag retailer Blain’s Farm and Fleet with U.S. Agriculture Secretary Sonny Perdue in August 2017. (Paulryan.house.gov)

Ryan sets May 17 deadline for NAFTA deal

Washington | Reuters — U.S. House Speaker Paul Ryan has set a May 17 deadline to be notified of a new NAFTA trade deal to give the current Congress a chance of passing it, while Mexico’s top trade official on Thursday said time was running short to meet such a deadline. Ryan, who controls legislation […] Read more