00:31:47 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



General Motors Company
Symbol GMM
Shares Issued 1,451,677,428
Close 2017-11-16 U$ 43.52
Market Cap U$ 63,177,001,667
Recent Sedar Documents

FP says GM, others hear many Republicans support NAFTA

2017-11-17 07:50 ET - In the News

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The Financial Post reports in its Friday, Nov. 17, edition that dozens of American lawmakers, predominantly Republicans, are urging the Trump administration to cool off on some of its North American free-trade agreement demands. The Post's Marie-Danielle Smith writes that as a fifth negotiating round starts Friday in Mexico, Canadian lobbying efforts persist. However, some are predicting the deal looks more than likely to fall apart completely. American business and industry organizations had already raised alarms over some of President Donald Trump's more contentious asks, but politicians are increasingly joining the chorus. A letter to trade representative Robert Lighthizer Wednesday garnered signatures from 57 Republicans and 15 Democrats in Congress. The letter says: "While we agree that NAFTA should be updated to help our companies better address the challenges of the 21st century economy, it should not be terminated. Unfortunately, it appears that several U.S. proposals under discussion in the NAFTA negotiations would eliminate the competitive advantages provided to the U.S. auto industry under the current NAFTA rules -- or lead to rejection by Canada and Mexico and the end of the agreement."

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