World News

Canada convinced Trump will soon pull plug on NAFTA

Canada convinced Trump will soon pull plug on NAFTA

The U.S. dollar spiked against its Canadian counterpart and the Mexican peso on a Reuters report that Canada is increasingly convinced that President Donald Trump will announce that the U.S. will exit the North American Free Trade Agreement. Trade officials from Mexico, Canada and the United States have put a March deadline on completing negotiations on NAFTA.

Trump fell short Monday on making any firm promises that a NAFTA update could be done, although he told farmers he wanted a better deal for them during remarks to the American Farm Bureau Federation convention in Nashville, Tenn.

Canada and Mexico have rejected most of the U.S. proposals for NAFTA reforms, leaving officials with a big job if they are to bridge the large differences at the 23-28 January talks in Montreal.

The source said Canadian ministers felt a withdrawal could be created to show Trump's base that he was keeping his promises and also to put pressure on the negotiators.

The Loonie closed at an average trading price of 80.03 cents United States, down 0.27 of a USA cent.

More news: YouTube Puts Logan Paul Film On Hold, Removes Him From Preferred Program
More news: Packers Hire Defensive Coordinator
More news: Allegiant Air launching service to Charleston International Airport

Royal Bank of Canada's Chief Executive Dave McKay said on Tuesday he believed there was now a greater chance that NAFTA could be scrapped.

Canadian government bond prices rose across the yield curve and railway, pipeline and other trade-sensitive stocks weighed on the country's main index.

Mexico's currency also weakened, before trimming losses, while the S&P/BM IPC stock index was down about 1.85 percent.

Though Trump has repeatedly threatened to withdraw from NAFTA, one of the Canadian officials who spoke with the Post Wednesday noted that Trump avoided repeating the threatin his most recent remarks about the trade deal.


  • Apple plans more features for parents to control children's phone use

    Apple plans more features for parents to control children's phone use

    The company also says, however, that it has "new features and enhancements" planned for the future to improve parental controls. The studies show personal devices distract kids in school, and affect children's physical and mental health.
    Sen Feinstein Release of Fusion GPS Testimony Disgrace, Possibly Illegal

    Sen Feinstein Release of Fusion GPS Testimony Disgrace, Possibly Illegal

    Feinstein, the committee's ranking Democrat, went against the wishes of the panel's chairman, Sen. The Republican Party now controls all three branches of government.
    Alexa enabled AR smartglasses will be unveiled at CES this coming week

    Alexa enabled AR smartglasses will be unveiled at CES this coming week

    Amazon's Alexa voice assistant is coming to a pair of augmented reality smart glasses that'll be shown at CES next week. To start, just select the voice assistant you use below - either Google Assistant or Amazon Alexa .
  • Pokemon GO update requires new iPhone to play (for some)

    Pokemon GO update requires new iPhone to play (for some)

    Niantic revealed through an OTA update sent to affected devices that support for their systems will end on February 28. The update will come on February 28, so fans that want to keep playing will have to upgrade to a higher iPhone model.

    Mueller Spoke to Trump's Lawyers About Interviewing Him in Russia Probe

    But the latest round of interviews appears to mark a new phase of the investigation - hauling in current administration officials for daylong depositions.
    Radiohead haven't sued Lana Del Rey, according to the band's publishers

    Radiohead haven't sued Lana Del Rey, according to the band's publishers

    The distinct melody, on the other hand, might be where Radiohead is taking issue - and where Lana might be in some trouble. The Hollies own the legal battle and Radiohead were ordered to hand over a percentage of royalties and credit the writers.
  • More than 60% who try a cigarette become daily smokers, study says

    More than 60% who try a cigarette become daily smokers, study says

    Data were analyzed to calculate the conversion rate from ever trying a cigarette to ever smoking daily. Smoking rates were lowest in England (15.5%) and highest in Northern Ireland (18.1%).
    Aldi and Lidl end year as fastest growing supermarkets

    Aldi and Lidl end year as fastest growing supermarkets

    Shares in Sainsbury's were up 1 percent, while Tesco was down 1.7 percent, having risen 12 percent over the last three months. Asda grew sales by 2.2 per cent, Morrisons recorded 2.1 per cent of growth while Sainsbury's was up two per cent.
    Video shows how alligators cope with freezing temperatures

    Video shows how alligators cope with freezing temperatures

    In a blog post , experts explained that alligators can live in water temperatures as low as 40 degrees. The park's rescued alligators previously have been in captivity and can no longer go back in the wild.
  • Lightning well-represented at 2018 NHL All-Star Game

    Lightning well-represented at 2018 NHL All-Star Game

    Sticking with the format used a year ago , the All-Star Game will played in a 3-on-3 style tournament with four different teams. Additionally, Schenn is the only National Hockey League player to be flawless on shootouts thus far this season, going 3-for-3.
    Japanese Astronaut Grew In Space, But Not THAT Much

    Japanese Astronaut Grew In Space, But Not THAT Much

    He is a member of the International Space Station expedition 54/55 of the Japan Aerospace Exploration Agency (JAXA). He has taken to Twitter to express concern he won't fit in the Russian Soyuz vehicle set to take him home in June.
    Sea of Thieves Closed Beta Starts on January 24th

    Sea of Thieves Closed Beta Starts on January 24th

    The closed beta will start on 24 January at 12PM GMT / 7AM EST / 6AM CST / 5AM PST/ 8AM CET and run until Monday 29 January. Rare says the beta isn't a sample of the full game but a tailored experience "that offers a true taste of the pirate life".