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NAFTA talks: Trump open to bilateral Canada-US trade deal

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Donald Trump with Canadian PM Justin Trudeau
Donald Trump with Canadian PM Justin Trudeau

Washington, Oct 12:US President Donald Trump has said if talks to reform North American Free Trade Agreement (NAFTA) fail, he could envisage a US-Canada trade pact, excluding Mexico.

The US president said if there was no deal on the NAFTA, it would be terminated. He was speaking at the White House on Wednesday with visiting Canadian Prime Minister Justin Trudeau, BBC reported.

Replying to a question, Trump said he would consider a trade pact with Canada minus Mexico, adding that both the US and Canada wanted to protect their workers.

The current round of talks on renegotiating the trade bloc is reported to be stalling, with Mexico opposing a US move to increase the percentage of US-made components in car manufacturing.

Trump’s stance has, however, been criticised by US businesses.

Mexican Foreign Minister Luis Videgaray, speaking ahead of the latest round of talks, said terminating Nafta could harm US-Mexico relations and damage co-operation on issues like fighting drug-trafficking.

Trudeau said he believed the Nafta talks could still end in a “win, win, win”.

But he said Canada had to “be ready for anything” if the attempts to modernise the 23-year-old deal faltered.

Overall trade between the three Nafta partners reached $1.1 trillion in 2016.

American and Mexican officials say they want a re-negotiated deal by December.

This week the influential US Chamber of Commerce warned it was time to “ring alarm bells” over the NAFTA talks.

The business lobby group said there were “several poison pill proposals” put on the table by the US that could tank the renegotiations.

Those include US demands to adjust the rules of origin, which would increase the percentage of the content of car parts and other materials that would come from NAFTA countries in order for a good to qualify as duty free – a specific concern for the North American auto industry.

The US and Canadian leaders also discussed the Bombardier-Boeing trade dispute.

Canada and the UK are sparring with the US over Canadian aerospace giant Bombardier.

The Trump administration has imposed hefty duties on Bombardier’s C-Series jetliner.

American aerospace firm Boeing claims Bombardier received unfair government subsidies to produce its showcase passenger jet.

Bombardier is a significant employer in Northern Ireland and Canada.

Trudeau said he “highlighted to the president how much we disagree vehemently” on the decision to impose anti-dumping duties.

(IANS)

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Protests over Putin’s plans to hike retirement age

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Russia protest over pension age

Moscow, Sep 22 (IANS) Members and supporters of Russia’s Communist Party took to the streets of the capital on Saturday to protest unpopular pension reforms planned by President Vladimir Putin.

Putin took measures to soften his proposed hike in retirement age in August by limiting the increase for women to 60 — up from 55 — instead of the initial suggestion of 63, Efe news reported.

But the change of plan has so far failed to quell protests against it. He stood by plans to raise men’s retirement age from 60 to 65.

Protesters held signs emblazoned with slogans such as “Putin Lies”. Communist Party leader Gennady Zyuganov also spoke at the rally.

The changes have been given a preliminary green-light by the State Duma, Russia’s lower parliament, but have provoked widespread outrage. An opinion poll showed that about 90 per cent of Russians were against increasing the retirement age.

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Ready to boost anti-terror cooperation with Iran: Putin

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Vladimir Putin

Moscow, Sep 23 (IANS) Russian President Vladimir Putin expressed condolences to his Iranian counterpart, Hassan Rouhani, over a deadly terrorist attack and reaffirmed readiness to intensify counter-terror cooperation, the Kremlin said on Saturday.

“We are outraged by this bloody crime. Hopefully, everyone involved will be held liable,” Putin said in his telegram to Rouhani, which was published by the Kremlin, Xinhua news agency.

At least 24 people were killed in a terror attack in a military parade in the southern Iranian Ahvaz city on Saturday, official IRNA news agency reported.

This incident is another proof of the need for “uncompromising war on any manifestations of terrorism,” Putin said.

“I would like to confirm our readiness to further enhance cooperation with our Iranian partners in the fight against this evil,” he said.

The President offered condolences to the relatives and friends of those killed in the attack and wished a speedy recovery to those injured, according to the Kremlin.

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Watch Prince Harry stealing samosa at Meghan Markle’s event

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New Delhi, Sep 22: Prince Harry was caught on camera sneaking samosas from her wife’s Meghan Markle’s cookbook event. 

The Duke of Sussex had hosted an event at Kensington Palace to mark the launch her book “Together: Our Community Cookbook” on
Thursday and in the quirkiest way her husband was seen stealing Indian Snack ‘Samosas’.

The British television network, ITV shared a video on the @itvnews Twitter account on September 20.

In the video, Harry can be seen trying to hide the samosa as he caught red-handed. Later, he smiled and casually walked away checking his surroundings.

Meghan’s book features recipes from a group of women whose community was affected by the Grenfell Tower fire that claimed more than 70 lives.

As the video went viral, Twitterati’s just can’t stop laughing at the Royal Prince’s cheeky act.

WeForNews 

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