Monday, 1 October 2018

In Trump win, Canada, U.S. deal saves NAFTA as trilateral pact

Reuters.com Newsletter

In Trump win, Canada, U.S. deal saves NAFTA as trilateral pact

The United States and Canada forged a last-gasp deal on Sunday to salvage NAFTA as a trilateral pact with Mexico, rescuing a three-country, $1.2 trillion open-trade zone that had been about to collapse after nearly a quarter century.

Factbox: Details of the new North America free trade deal

The United States and Canada forged a last-gasp deal on Sunday to salvage a three-country, $1.2 trillion open-trade zone agreement with Mexico that had been about to collapse after nearly a quarter century.

Trump says trade pact with Canada, Mexico will support U.S. jobs

U.S. President Donald Trump on Monday said a new free trade agreement with Canada and Mexico would support hundreds of thousands of U.S. jobs, marking it as a victory in his push to reshape the lines of global commerce.

USTR predicts new trade deal with Canada, Mexico will pass Congress

U.S. Trade Representative Robert Lighthizer said on Monday he believed the new trade pact with Mexico and Canada will pass Congress with substantial majorities because it contains benefits for all.

U.S. factory activity slows; construction spending edges up

A measure of U.S. factory activity retreated from a more than 14-year high in September as growth in new orders slowed, but supply bottlenecks appeared to be easing, suggesting a steady pace of expansion in manufacturing.

StanChart braces for possible new Iran fine of about $1.5 billion: Bloomberg

British bank Standard Chartered Plc is bracing for a possible new fine of about $1.5 billion as a result of previous Iranian sanctions violations, Bloomberg reported on Monday.

Renault electrifies core line-up in hybrid push

Renault will introduce hybrid versions of its top-selling models, the French carmaker said on Monday, as the European auto industry races to meet tightening emissions goals.

Wall Street rises as industrials gain after NAFTA deal

Wall Street started off the fourth quarter on a healthy note on Monday, led by automotive and railroad stocks, after a last-minute deal to salvage NAFTA as a trilateral pact.

Tesla's SEC deal provides ammunition for U.S. probe, investor lawsuits

Tesla Inc's settlement with U.S. regulators will help soothe investors calling for more oversight of Chief Executive Elon Musk, experts said, even as it gives ammunition to short-sellers pursing separate cases and to a probe by the Justice Department.

Tesla shares jump on Model 3 numbers, Musk deal

Shares of Tesla Inc jumped 18 percent on Monday as signs it had met targets for quarterly car production added to relief at Chief Executive Elon Musk's settling of a lawsuit with regulators that had threatened to force him out.

Canada's Trudeau says made difficult compromises to reach new trade deal

Canadian Prime Minister Justin Trudeau said on Monday that Canada made some difficult compromises to reach a deal to modernize the North American Free Trade Agreement.

Related Videos

Musk gives up Tesla chairman role in SEC settlement

CBS faces NY probe tied to ex-CEO Leslie Moonves

Introducing the all-new
Reuters News app

The new Reuters News app is here, redesigned from the ground up to fit your busy life.

Get it now on iOS