Obama, Trudeau, Peña Nieto hold ‘Tres Amigos’
and
Obama, Trudeau, Peña Nieto hold ‘Tres Amigos’
and Climate change and trade cooperation.
And without saying too much about it
open borders.
OTTAWA: US President Barack Obama heads to Ottawa Wednesday for talks with the leaders of Canada and Mexico, as the shockwave from Britain’s vote to leave the European Union reverberates on both sides of the Atlantic.
Obama and Canadian Prime Minister Justin Trudeau, who both made clear their desire to see Britain remain in the 28-member bloc, will join Mexican President Enrique Peña Nieto for the so-called “Three Amigos” summit.
The three countries are economic partners in the North American Free Trade Agreement (NAFTA), a bloc of 500 million people, and work closely on security matters.
Since Britain’s EU referendum last week, Obama has sought to reassure Americans—and global markets—warning against “hysteria” and saying he doesn’t expect “major cataclysmic changes” as a result of the vote.
But the US leader—who will address Canadian lawmakers after the summit—had warned against this very result during a trip to London in April.
Although the three leaders are expected to focus on climate change and their joint efforts to promote clean energy, the Brexit “will be on the agenda,” Mark Feierstein of Obama’s National Security Council said.
“We’ll be eager to talk about what it means for us and how we can coordinate our efforts,” he said ahead of the summit.
The “Three Amigos,” who will face reporters in the early afternoon at a joint news conference, are also likely to be asked about Republican presidential hopeful Donald Trump, who is vying to succeed Obama.
In a speech on Tuesday in Pennsylvania, he reiterated that he would seek to renegotiate NAFTA, which he blames for all the woes of working Americans.
“If they don’t agree to a renegotiation… then I will submit under Article 2205 of the NAFTA Agreement that America intends to withdraw from the deal,” he warned.
Trudeau says no protectionism
Also on Tuesday, Trudeau warned against “turning inwards” and protectionism, saying greater North American integration is key to the continent’s economic prosperity.
But are the United States, Canada and Mexico worried that a Brexit will adversely affect NAFTA, or even prompt questions about whether it should exist at all?
For the Obama administration, any comparison between Europe’s woes and North America is irrelevant.
“Countries in North America have pursued a different strategy, and one that has worked well for us,” White House spokesman Josh Earnest said. “It is a strategy that has enhanced the economies of all of our countries. It’s enhanced the national security of all of our countries.”
The White House announced ahead of the talks that the three countries would join forces to combat climate change by working together to ensure that half the continent’s power comes from clean energy sources by 2025.
“We believe it is an aggressive goal, but that it is achievable continent-wide,” Brian Deese, senior advisor to US President Barack Obama, said Monday.
At the summit, Mexico will also join an existing commitment by the United States and Canada to reduce emissions of methane, a potent greenhouse gas, by 40 to 45 percent by 2025, compared to 2012 levels.
Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP
Scroll down for more posts ▼
Top 10 Most Recent News Articles
RevSystems Inks Deal with OpenAI Partner Network In the latest shuffle of the AI advisory deck, RevSystems just found itself elbowing into the exclusive OpenAI Partner Network. Based out of New York, RevSystems has carved a niche by spinning tech wizardry into tangible business results. Their new status as an OpenAI Select Partner puts them on a playing field where AI...
Continue Reading
When Two AI Giants Collide Every so often, we get a clash of titans in the business world, and this time it's in the AI universe. New York's Moonshot AI, a champ in autonomous website optimization, hit a bump when its name collided with a Chinese counterpart, also called Moonshot AI. And just like that, the NY company had to chuck their name out the window and don a new...
Continue Reading
Setting the Stage at ISPE Expo When you think of pharmaceuticals and the bustle behind closed doors, it's with companies like The Austin Company leading the charge. This October, they're strutting their stuff at the ISPE Annual Meeting and Expo. No small potatoes here—it's at the Gaylord National in Maryland. Mark those dates: October 18-21, 2026. It's a circus of...
Continue Reading
Chasing the Dream on Wheels Amid the buzz of New York, there's a roar building up that's hard to ignore. It's a sound that echoes through time, capturing the imagination of petrol heads everywhere—those legendary American muscle cars are back in the limelight. I mean, who hasn't dreamt of launching down a highway in a '69 Ford Mustang? 'The Hunt for Rolling Treasure' is...
Continue Reading
Inventory Woes? Meet Mini Essential If you’ve ever worked in or around veterinary hospitals, you know the old-school headaches of managing controlled substances. Picture this: piles of paper logs, end-of-shift recounting, and inevitable discrepancies that rear their ugly heads long after closing time. Enter CUBEX, shaking things up with their latest launch, Mini...
Continue Reading
Here's some clarity amidst the storm of buzzwords: Alif Semiconductor has rolled out something the market's been howling for—Edge AI that doesn't break the bank. It's less about slick press releases and more about real-world implications. We're talking accessibility with their dirt-cheap, small-form-factor StartKit platform for Ensemble and Balletto microcontrollers....
Continue Reading
ZEEKR's Stellar Performance in a Crowded Market Another month, another bumper crop for ZEEKR's shooting brakes. These beauties aren't just hanging in there; they're leading the pack. In August alone, global deliveries marched past the 10,000 mark for the third month running—a feat not easily achieved in today's saturated automotive landscape. It's no wonder the...
Continue Reading
LeoLabs and SciTec Join Forces for Space Dominance The space race ain't just about rockets blasting off anymore. It's about making sure we've got eyes everywhere, even on the back of our heads, so to speak. Enter LeoLabs teaming up with SciTec to help the U.S. Space Force upgrade their radar systems to something out of a sci-fi flick, armed with a $93.7 million contract...
Continue Reading
Sparking a Fresh Wave in the Kids' Beverage Market Alright, let me tell you about a new player plowing into the kids' drink scene. Wave Kids™, a brand that's making waves—pun intended—has a fresh lineup that screams 'fun' and 'healthy' in equal measure. Just coinciding with back-to-school season, this Scottsdale, Arizona outfit has rolled out not one or two, but...
Continue Reading
Celebrating Champions of Cardiovascular Health In a world where accolades often feel as cold as the stock market after a crash, it’s heartening to see genuine recognition for those who are making actual, lasting impact. On October 3, 2026, the Association of Black Cardiologists (ABC) will hold its annual Spirit of the Heart Awards at none other than Cipriani Wall...
Continue Reading
Top 5 Most Recently Viewed Articles
Ashford Hospitality Trust Announces Reverse Stock Split Ashford Hospitality Trust, Inc. (NYSE: AHT) has recently made a noteworthy announcement regarding a reverse stock split, approved unanimously by the Board of Directors. This strategic move involves a ratio of 1-for-10, which aims to bolster the company's stock value and ensure compliance with the New York Stock...
Continue Reading
Natural Grocers by Vitamin Cottage, Inc. Announces Earnings Call Natural Grocers by Vitamin Cottage, Inc. (NYSE: NGVC) is set to release its third quarter fiscal year 2025 financial results shortly after the market closes. Investors can expect this significant announcement to take place on a Thursday in early August. Following this release, the company will host a...
Continue Reading
Standard Motor Products Celebrates Sustainability Recognition Standard Motor Products, Inc. (NYSE: SMP) is delighted to announce it has been recognized for the third consecutive year as one of America's Most Responsible Companies by Newsweek and Statista. This prestigious acknowledgment highlights the company’s commitment to sustainable and responsible practices within...
Continue Reading
Boeing's Generous Donation for Presidential Inauguration Boeing, a leading aerospace company, has announced a significant contribution of $1 million to support the inauguration of the U.S. President-elect. This generous act demonstrates Boeing's commitment to participating in national events and supporting leadership transitions. Continuing a Tradition of Support This...
Continue Reading
Investigation Into RxSight, Inc. Pomerantz LLP is conducting an investigation into the claims regarding RxSight, Inc. (NASDAQ: RXST), focusing on whether the company and its executives have engaged in securities fraud or other unlawful business practices that could potentially harm investors. If you have invested in RxSight, it is important to stay informed and proactive....
Continue Reading