Automaker groups warn U.S. tariffs will undermine new NAFTA dealThe Saigon Times Daily The flags of Canada, Mexico and the U.S. are seen on a lectern before a joint news conference on the closing of the seventh round of NAFTA talks in Mexico City, Mexico March 5, 2018 – PHOTO: REUTERS WASHINGTON (REUTERS) - U.S. automakers and parts suppliers on Thursday warned that President Donald Trump’s steel and aluminium tariffs and threatened car tariffs would undermine the benefits of the new deal to modernize the North American Free Trade Agreement, causing widespread job losses. At a wide-ranging hearing before the U.S. International Trade Commission, labour representatives said the new U.S.-Mexico-Canada Agreement (USMCA) fails to include adequate enforcement of labour standards, while Southeastern U.S. fruit and vegetable growers said it leaves them vulnerable to subsidized Mexican competition. The testimony will feed into a study by the commission on the economic … [Read more...] about Automaker groups warn U.S. tariffs will undermine new NAFTA deal
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USOC seeks to revoke USA Gymnastics' status as governing body A gymnast competes on vault at the U.S. Gymnastics Championships in Boston, Massachusetts, U.S., August 19, 2018 – PHOTO: REUTERS NEW YORK (REUTERS) - The United States Olympic Committee (USOC) has taken the first steps to revoke USA Gymnastics of its status as the national governing body for the sport in the latest fallout from the sex abuse scandal involving a former team doctor. The USOC said the challenges facing the governing body, which is trying to recover from a scandal over the sexual abuse of hundreds of female athletes by ex-team doctor Larry Nassar, are more than it is capable of overcoming in its current form. “This is a situation in which there are no perfect solutions,” USOC chief executive Sarah Hirshland said in an open letter to the gymnastics community. “Seeking to revoke recognition is not a decision that we have come to easily, but I believe it is the right action. … [Read more...] about USOC seeks to revoke USA Gymnastics’ status as governing body
Canada, U.S. reach deal to save NAFTA as trilateral trade pact The Saigon Times Daily Chevrolet Equinox SUVs are parked awaiting shipment by CN Rail next to the General Motors Co (GM) CAMI assembly plant in Ingersoll, Ontario, Canada October 13, 2017 – PHOTO: REUTERS OTTAWA/WASHINGTON (REUTERS) - The United States and Canada reached a deal on Sunday to salvage NAFTA as a trilateral pact with Mexico, beating a midnight deadline with agreements to substantially boost American access to Canada’s dairy market and protect Canada from possible U.S. auto tariffs, sources with direct knowledge of the talks said. President Donald Trump had threatened to splinter the nearly 25-year-old North American Free Trade Agreement into a bilateral pact with Mexico and tax Canadian vehicle exports to the United States if Ottawa had failed to sign on before a midnight Sunday deadline (04:00 GMT Monday). But Trump has approved the “framework” deal with Canada, a source … [Read more...] about Canada, U.S. reach deal to save NAFTA as trilateral trade pact
The Vietnam Association of Victims of Agent Orange/Dioxin (VAVA) has collected more evidence for the victims’ lawsuit against the U.S., said VAVA Vice President Tran Xuan Thu in a recent interview. Taking care of an AO/Dioxin victim Mr. Tran Xuan Thu Does VAVA intend to pursue the lawsuit against American chemical companies or struggle for justice in another direction as the lawsuit has lasted seven years without achieving final results? Despite the passage of time, the association will continue to seek justice by legal means. We know there remains a lot to be done. First we are urging the U.S. House of Representatives to compensate both American and Vietnamese victims of AO/dioxin. Then we request the U.S. Congress and Administration to give compensations or subsidies for the victims. The verdict by the U.S. Supreme Court in New York takes effect only in this state. Even though the court rejected the lawsuit lodged by the Vietnamese victims, Vietnam can still sue … [Read more...] about More evidence for dioxin victims’ lawsuit against U.S.
Wary of China's rise, Pompeo announces U.S. initiatives in emerging AsiaThe Saigon Times Daily U.S. Secretary of State Mike Pompeo at a press conference at the Ministerial to Advance Religious Freedom at the State Department in Washington, U.S., July 26, 2018 – PHOTO: REUTERS WASHINGTON (REUTERS) - U.S. Secretary of State Mike Pompeo announced US$113 million in new technology, energy and infrastructure initiatives in emerging Asia on Monday, at a time when China is pouring billions of dollars in investments into the region. In a policy speech delivered amid increased U.S. trade frictions with China and other Asian countries, Pompeo sought to define the economic aspect of President Donald Trump’s “Indo-Pacific” strategy, which aims to cast the United States as a trustworthy partner in the region. Pompeo said Washington wants a “free and open” Asia not dominated by any one country, an apparent reference to China’s growing economic clout … [Read more...] about Wary of China’s rise, Pompeo announces U.S. initiatives in emerging Asia