Category: iesag


Amazon May Boost Its India Investment by $2 Billion: Report


first_imgAmazon is looking at infusing a further $2 billion in the Indian market to take on the challenge posed by the recent acquisition of Flipkart by Walmart, CNBC TV 18 reported. The Jeff Bezos-led American e-commerce firm had earlier increased the investment in India to $5 billion.“Amazon may start with increasing its investment target in India to $2 billion and increase it over a period of time,” the publication quoted a source as saying. However, no timeline has been decided for the investment so far, the source added, according to the report.Amazon’s plans to boost its presence in India come on the heels of the $16 billion deal inked by American retail chain Walmart to buy 77 percent stake in Indian e-tailer Flipkart last month. “India is one of the most attractive retail markets in the world, given its size and growth rate, and our investment is an opportunity to partner with the company that is leading transformation of eCommerce in the market,” Doug McMillon, Walmart’s president and chief executive officer, had then said in a statement.Amazon was also reported to have made an offer to buy 60 percent of Flipkart before the deal was clinched by Walmart.However, Amazon is still keeping its eyes firmly on the Indian e-commerce sector. “Amazon is betting big on the India market. It is evident that after Walmart’s acquisition of Flipkart, Flipkart’s ability to increase market share and India presence will increase,” CNBC TV 18 quoted another source as saying in its report. “Amazon has had its eyes and ears firmly on the ground and has been carefully planning its strategy. India is one of its fastest growing geographies and Amazon will not be left behind,” the source added.In 2016, Bezos announced that the company will increase its $2 billion investment in India by another $3 billion.“Amazon will invest $3 billion more in India. This is in addition to the $2 billion announced in 2014,” Bezos had said during a USIBC meet in Washington in 2016, which was attended by Indian Prime Minister Narendra Modi. “We have already created some 45,000 jobs in India and continue to see huge potential in the Indian economy,” he had added.Of the $5 billion, Amazon is estimated to have already invested $3.3-$3.8 billion in India, the report added, citing industry experts.Amazon India’s online marketplace has been said to be spending $120 million every month — $75 million on ecommerce and $45 million on its Prime subscription service, the Economic Times had reported earlier this year, citing experts. The amount is much higher than its average monthly cash burn rate of $80-100 million in 2016, the report added.Amazon India is reported to have a valuation of $16 billion, with a market share of 30 percent.Meanwhile, on the occasion of the firm’s fifth anniversary in India, Bezos posted a letter to its consumers in the country on the Amazon India website.“On our fifth anniversary in India, I want to say thank you for your support and for making Amazon.in the most visited shopping site in India for the last two years,” Bezos said in the letter, adding that customers from 100 percent of serviceable pin codes in India have placed orders on the ecommerce platform, thanks to local innovations such as Udaan and I Have Space. “We’re five years into our journey, but as we say here at Amazon, it’s still Day 1, and I’m energised and humbled by the opportunities ahead. Amazon.in is ‘India ki apni dukaan‘,” he added. Related ItemsAmazoneCommerceWalmartlast_img read more


Neymar ankle issue doesn’t concern Coutinho


first_imgBrazil ‘Neymar pain normal’ – Coutinho unconcerned by ankle issue for Brazil talisman Sacha Pisani Last updated 1 year ago 05:37 6/20/18 FacebookTwitterRedditcopy Comments(0) Neymar Brazil Switzerland 2018 World Cup Getty Brazil Neymar Philippe Coutinho World Cup Brazil v Costa Rica Costa Rica The Paris Saint-Germain superstar limped out of training on Tuesday but is not considered a doubt for Friday’s World Cup showdown with Costa Rica Philippe Coutinho is not worried about Neymar after the Brazil star limped out of training with an ankle problem in Sochi on Tuesday.Neymar, who sat out Monday’s session, suddenly hobbled off the pitch in a worrying sight for Brazil ahead of their crucial World Cup Group E match against Costa Rica on Friday.Brazil announced Neymar was feeling the effects of a sore ankle after he was fouled 10 times in the surprise 1-1 draw with Switzerland on matchday one. Article continues below Editors’ Picks Out of his depth! Emery on borrowed time after another abysmal Arsenal display Diving, tactical fouls & the emerging war of words between Guardiola & Klopp Sorry, Cristiano! Pjanic is Juventus’ most important player right now Arsenal would be selling their soul with Mourinho move Coutinho, however, played down any concerns over team-mate Neymar heading into the St Petersburg showdown.”I saw the same thing you saw. I haven’t talked to him,” Coutinho told reporters when asked about the 26-year-old leaving the open training session. “It happened almost at the end of practice. I think he felt something but that’s normal.”Coutinho, who netted a stunning goal to open the scoring against Switzerland, added: “Everybody goes after Neymar. When he’s playing, he gets a lot of fouls. They come strong.”Of course, our focus is on the collective. One or another player will have a highlight here or there but collective is important. It’s how we think. We will do what we have to do, each and every one of us.”Pressed to discuss the impact of Neymar possibly missing Brazil’s next match, Coutinho spoke like a player confident the Paris Saint-Germain superstar will be fit to face Costa Rica.”Neymar is one of the best in the world,” the Barcelona midfielder said. “Playing with him is very important resource. When he plays for us, it’s a huge help. He is a brave man who always faces opponents. Always trying to create. Important for us.”While Brazil were held in their opener, Serbia edged Costa Rica 1-0 thanks to Alexander Kolarov’s sensational free-kick, setting up a vital game for Tite’s side.Coutinho anticipates another difficult challenge, though the former Liverpool star is remaining calm.”It will be very important. We wanted to win the first game. But we ended with a draw. We have another opportunity,” Coutinho added. “I think it will be a great game. We have to be focused. Mentally strong so we can play a good game.”We have to play a happy game with responsibility because we’re in Brazil jersey. We have to be happy and daring.”last_img read more


Why Conte, not Pochettino, is the right man for Man Utd


first_imgMuch of the build-up to the game between Tottenham and Manchester United at Wembley on Sunday has been focused on Mauricio Pochettino. The Spurs manager is reckoned to be the heavy favourite to replace Ole Gunnar Solskjaer once his short-term deal expires this summer.Spurs fans have been pretty vocal over what they perceive to be disrespect in the tones in which their manager is being discussed. It’s been portrayed in many circles as a matter of formality that Pochettino would up sticks and move to Old Trafford. But it’s not so simple these days.This is not the Manchester United of 20 top-flight titles. This is not the Manchester United of three Champions League finals in four seasons between 2008 and 2011. This is a very different Manchester United, where history is the biggest selling point and the lay of the land does not necessarily lend itself to the empire building that Pochettino would need to thrive.  Article continues below Editors’ Picks ‘There is no creativity’ – Can Solskjaer get Man Utd scoring freely again? ‘Everyone legged it on to the pitch!’ – How Foden went from Man City superfan to future superstar Emery out of jail – for now – as brilliant Pepe papers over Arsenal’s cracks What is Manchester United’s ownership situation and how would Kevin Glazer’s sale of shares affect the club? Make no mistake and do not let the recent run of results fool you. There may be harmony in the squad at present – as evidenced by a pleasant training camp in Dubai – but there is still wild dysfunction about Manchester United.The sacking of Jose Mourinho merely papers over the cracks, and the good start experienced by Solskjaer should not be mistaken for a revival or for the new normal. United have such a way to travel before they can legitimately call themselves a top club again that it is tough to know where to start.They can rip it up and start again but that will take decades. No one is going to get that kind of time. So, what they need to do is embrace the chaos, move quickly from one era to the next and discard the coaches who cannot keep up. And that is not the type of chaos that would suit the talents of Pochettino. His progression at Spurs has been gradual. He has mixed some of the talents already at the club with some newcomers in the market while also bringing through plenty of young talent to boot.He has had the space, the time and the right environment to do that. What he is achieving right now is the culmination of Spurs doing things properly.United have had plenty of managers since Pochetttino arrived in north London. Each one has left behind a hotchpotch of signings and the squad is lacking any sort of collective identity. There is simply no guarantee that Pochettino would not end up like David Moyes, Louis van Gaal or Mourinho and be discarded as soon as results start to go skew-whiff.Mauricio Pochettino Tottenham 2018That does not happen at Spurs, not that Pochettino has had to endure many nightmare runs of results. But he has built up enough credit with the chairman Daniel Levy over the years that his position is secure for the long-term.These are testing times for Tottenham with a lack of transfer activity in the summer and continued fan discontent surrounding the impending move back from Wembley to the new White Hart Lane. Through it all results have been consistent and performances of a high level.There have been thrilling individual displays from the likes of Christian Eriksen, Son Heung-min, Dele Alli and, of course, the captain Harry Kane. And that is the team that Pochettino has created with his own two hands. Spurs are going places; right now they appear to be a far better long-term bet than United.The only downside at the moment is the contract situation of a few of their stars, not least Eriksen. If Spurs could somehow convince the Dane to commit his future to the club and to the new stadium then all would be well. Without that signature, there is the sense that Spurs are ready to be picked off – yet again.United is no place for Pochettino right now; there is simply no way he could replicate his project there and all he could do is damage his reputation, albeit with a very handsome payoff.What United need is a manager who can thrive despite the drama all around him. What they need is a manager who can roll his sleeves up on day one, make improvements to the players already on the books and set them out in such a way that they can climb the league table quickly.What they need is a man with a track record of delivering at top clubs with difficult structures that require a politician’s disposition and a thick skin. They need a man who can get in, get trophies and get out.Because Manchester United are that kind of club now. There will be no legacy builder. There will be managers coming in for short-term spells and what will define the success of their reigns will be the number of trophies they win.They need Antonio Conte.Jose Mourinho Antonio Conte Manchester United ChelseaConte has proven at Chelsea that he has what it takes to succeed in the grind of the Premier League. He instilled a remarkable consistency and discipline in the Chelsea squad. It may not have suited everyone at the time – fallouts with David Luiz and Diego Costa were particularly ugly – but it scarcely mattered. He made Chelsea champions in his first season in charge.Conte picked up the pieces of Mourinho’s third-season botch and made the club as good as new. And, crucially, he is available.Conte, after his successes with Juventus and Chelsea, has earned the right to be fussy. He turned down Real Madrid earlier this season as he did not feel like taking over from Julen Lopetegui mid-season. He needs time to plan his own project, and considering the trouble Santiago Solari is currently experiencing it can be said he dodged a bullet.He will, however, be ready for his next challenge next summer, once the fug of the dispute with Chelsea has settled. And he will be coming to the market with a super club in mind. He would be interested in what United have to say, just like he would be interested in Real at the right time, or Bayern Munich. But it is United who would suit him down to the ground.The players that were good enough and hungry enough would stay. The rest would be frozen out. A couple of key additions would be identified. United would quickly have a recognisable style of play and would stick to it. They would be hard to beat and would be well-matched to the challenges of Manchester City or Liverpool.That is why United and Pochettino should stay well away from each other. The job suits Conte and Conte suits the job. Check out Goal’s Premier League 2019-20 fantasy football podcast for game tips, debate and rivalries.last_img read more


DSME Inks MOU with AVEVA for Engineering Software


first_imgzoom DSME signed a memorandum of understanding with AVEVA for ship and offshore plant engineering software.Through this MOU, DSME and AVEVA will combine efforts to develop software that increases the efficiency of business activities. These two companies will release a software called DACOS-G (DSME Advanced CAD System for Offshore & Shipbuilding – Global). DACOS-G is the DSME self-developed engineering software which was based on the AVEVA Marine system.AVEVA is a CAD software company based in England. This MOU has incredible significance as the world’s top 2 companies in the shipbuilding and engineering software business have come together to penetrate the software market.DSME, April 1, 2014last_img


LNG Shipping Market Lulled in Q1, Recovery on the Horizon


first_imgzoom The first quarter of 2015 saw a material fall in demand and charter rates for LNG shipping, Golar LNG Limited said in a commercial review of LNG shipping and FRSU performance.Average spot rates during the quarter were USD 40-45,000/day for TFDE vessels and USD 30-35,000/day for steam turbine vessels. Activity was extremely limited across the market, with some vessels remaining idle for almost the entire quarter, Golar said.Spot charters which were concluded typically included ballast payments equivalent to fuel only. The most active charterer in the market during the early part of the year was RasGas, concluding a significant number of charters for “backhaul” voyages from Qatar to Europe. These were generally concluded with rates at a discount to perceived market levels.According to the performace review, April and May have seen a slight increase in the number of spot charters, although rates have fallen to even lower levels as a significant number of vessels remain open prompt.A number of term deals have been concluded in 2015 for firm periods between 4 and 12 months with options up to a further 2 years. Both Seper Tankers (ST) and Tri Fuel Diesel Electric (TFDE) vessels have been chartered for these requirements at rates in USD 20-30,000/day range.“The East-West arbitrage in LNG prices has been close to zero for most of 2015 to date as demand has remained flat amongst Far East buyers. As a result, LNG volumes moving from the Atlantic to East of Suez dropped by more than 50% from those seen in the preceding quarter. Demand has however been stimulated as new LNG importers have entered the market from Egypt, Jordan and Pakistan,” the review said.Golar posted a net profit of USD 24.6 million in Q1, driven predominantly by a provisional USD 100 million gain on sale of the Golar Eskimo which completed on January 20.  This offset a poor operating result and significant non-cash financial costs linked to mark to market valuation of interest rate and TRS swaps.The company has commenced discussions with partners Keppel and Black & Veatch aimed at exercising an option, under an existing framework agreement, for the ordering of a third GoFLNG unit similar to the Hilli and the Gimi.“Golar intends to pursue the third GoFLNG vessel on a similar contractual basis as the second vessel, preserving flexibility on design and delivery schedule, and including cancellation provisions. Although subject to business development uncertainty, further opportunities for deploying facilities similar to Hilli and Gimi are being pursued and work continues to mature these leads,” Golar added. Up to 40 LNG Carriers currently idle Speaking of the outlook, Golar predicts that it would take some time before the market fully recovers having in mind that there are up to 40 LNG Carriers currently idle. Utilisation, underlying revenue net of voyage expenses and consequently operating results are expected to deteriorate further during 2Q however, Golar believes that the bottom of this challenging shipping market has been reached.  “The first signs of an improved chartering environment, albeit from a very low base, are starting to become evident as new LNG production capacity is prepared for start-up and new markets for receiving LNG in Pakistan, Jordan and Egypt have started to receive their first cargoes,” the company said.  Golar hopes to see this manifest itself in a gradual improvement to utilisation, net revenue and operating results from 3Q onwards.In contrast to the market for LNG Carriers, the level of enquiry and interest for FSRU’s is the strongest it has been for some time. The company is therefore very optimistic that the FSRU Tundra will be contracted on terms that make it a suitable near-mid-term dropdown candidate to Golar Partners.last_img read more


INX Media case Chidambarams CBI custody extended till Sep 2


first_imgNew Delhi: A court here on Friday extended, till Monday, former Finance Minister P. Chidambaram’s CBI custody in the INX media case. Additional Solicitor General K.M. Natrajan, appearing for the Central Bureau of Investigation, sought five more days custody of Chidambaram, whose present remand ended on Friday, saying that extensive interrogation of the accused was conducted and he was confronted with documents and witnesses but further time was required to continue the investigation. Also Read – India gets first tranche of Swiss bank a/c details Chidambaram’s counsel opposed the remand application but both sides were apprised that if the remand order is challenged in the apex court, it would only be taken up there on Monday. In view of the submissions, the judge extended Chidambaram’s CBI custody till Monday. The CBI had, in 2017, registered a case alleging financial irregularities, to the tune of Rs 305 crore, in the Foreign Investment Promotion Board (FIPB) clearance given to INX Media in 2007 when Chidambaram was Union Finance Minister. Following the FIR filed by the CBI, the Enforcement Directorate had filed a case of money laundering against him.last_img read more


Unmet need New program for men with prostate cancer shows promising results


first_imgHALIFAX — Five men with prostate cancer sit in a tight circle, speaking of the sadness that overcame them when treatments led to impotency, a lack of bladder control and bouts of anxiety.They’re sharing their experiences at the end of an innovative 28-day program that has dealt with some very sensitive issues.“I was depressed before … and this program brought me out of it,” Dane Berringer says during a recent gathering at Dalhousie University in Halifax.The new Patient Empowerment Program (PEP) is part of a broader effort by the health system to help the roughly 23,000 men diagnosed annually with prostate cancer.Developed by Dalhousie University researcher Gabriela Ilie and radiation oncologist Dr. Rob Rutledge, the program includes, among other things, pelvic exercises to reduce incontinence and counselling that teaches men how intimacy goes deeper than sex.While surgery, radiation and hormone treatments can lead to a cure, those treatments can leave wounds.For Berringer, the surgery caused nerve damage near his prostate, a walnut-sized gland above the genitals. The injury has limited the 60-year-old educator’s ability to have erections — a common side effect that often leads to feelings of guilt, loss and inadequacy.However, time spent with his wife in couples’ therapy has helped him accept “there’s more to life than penetrational sex.”When men lose sexual and urinary functions, many are left to cope on their own, according to Prostate Cancer Canada.“There is currently an unmet need in our health care system to identify and understand sexuality issues related to prostate cancer … both for heterosexual men and the LGBTQ community,” Stuart Edmonds, director of research at the non-profit group, said an email.Rutledge, who practises at the Nova Scotia Cancer Centre in Halifax, says it’s a “silent epidemic.”He says too many men turn inward and develop mental illnesses related to their distress.A recent survey of more that 400 prostate cancer patients in the Maritimes found 19 per cent suffered from depression and anxiety. Over 70 per cent reported challenges with sex and intimacy.Ilie says many men associate intercourse with how they connect to their partners. When impotency sets in, they lose “a navigation system.”“Men aren’t like women,” says Ilie. “They don’t go outward and seek advice. They go inward … It becomes crucial therefore to find tools that … bring their feelings to the surface.”Aside from couples counselling, the PEP program also teaches men how to find alternative forms of intimacy.“There’s 65 different ways they can connect (with their partners),” says Rutledge. “Go on a date with your partners, plan something. … Ask for a hug sometimes.”As well, a buddy system encourages the men in the group to keep in touch on a weekly basis.Mel Bartlett, 61, says daily exercises and better eating habits helped him lose ten pounds, and special pelvic exercises helped end urinary incontinence.“My prostate cancer is gone, but I’m not cured of the consequences … and the treatment of it,” says the retired actuary.“What this has done has treated the patient wholistically. It’s tied all the pieces together.”Meditation is also part of the program.When the men gathered at the beginning and end of the program, they were given small monitors to measure their progress in learning to quiet their minds.Ross MacDonald, a pastor at Grace Chapel, says the program has helped him cope with the emotional pain that comes with erectile dysfunction and the “hot flashes” caused by hormone therapy.“There’s a grieving that comes in terms of losing that aspect of our relationship,” he says.“(However), the fact that I’m exercising, I’m eating well, I’m meditating and practising quiet … It’s all been very helpful for me, but I know the depression is there.”Preliminary results from PEP program have been encouraging.After four weeks, the average weight and blood pressure readings for the men went down. Strength levels — measured by hand grips — “significantly improved,” Ilie says.“On average, our men reported fewer concerns about feeling a burden to others, feeling alone, having relationship difficulties, feeling sad (and) feeling angry.”Concerns about intimacy and bodily changes caused by medication were also reduced.The key to the program, says Berringer, is the close contact of the group.“If you just say, ‘Here’s an exercise system, go do it,’ you won’t recreate this,” he says. “The human aspect is what they’re seeing here.”— Follow (at)mtuttoncporg on Twitter.Michael Tutton, The Canadian Presslast_img read more


Kiehls Since 1851 proudly announces a partnership with multiJUNO Awardwinning Canadian performers


first_img Login/Register With: LEAVE A REPLY Cancel replyLog in to leave a comment Advertisement Advertisement Twitter Advertisement For over 165 years, Kiehl’s has always focused its efforts on the betterment of local communities by targeting philanthropic endeavors on the needs and concerns of its citizens. Over Kiehl’s long history of charitable giving, the company has supported three key causes: children’s wellbeing, environmental issues, and HIV/AIDS research. Since 2006, Kiehl’s has raised over $2.5M for children’s causes worldwide.Maintaining our mission of giving back to the community, Kiehl’s launched in 2014 charitable programs to help organizations across Canada helping children and youth.In 2017, Kiehl’s is happy to be working with Grammy nominated singers, musicians and songwriters Tegan and Sara. Tegan and Sara began their career at a very young age and received the many awards including Group of the year at The 2014 JUNO Awards.Through this year’s program, Kiehl’s will be supporting the Tegan and Sara foundation.Created in 2016, the Tegan and Sara Foundation is dedicated to improving the lives of LGBTQ women and girls around the world. The foundation’s initial focus will be on improving economic opportunity, access to health services, and media representation for LGBTQ women.Theory of Change: We activate and unite influencers, fans and service providers to break down the cultural and institutional barriers that keep lesbian and queer women down, recognizing we are stronger together.Program Areas: Our initial work addresses economics, representation and health – three areas where LGBTQ girls and women face the biggest challenges.On the importance of the partnership, Tegan and Sara explain their long term relationship with the brand, “We have been enjoying using Kiehl’s products personally for over a decade, so it is with great excitement that we announce our partnership between The Tegan and Sara Foundation and Kiehl’s Canada. We created the Tegan and Sara Foundation to support LGBTQ. We want to ensure that girls and women live an empowered life, have equal opportunity, and the tools to succeed based on their gender and orientation. We have worked closely with Kiehl’s to design this national program, and we look forward to sharing ‘Kiehl’s Pride with Tegan and Sara.’” Tegan Quin and Sara Quin“We want to help support counseling and mentorship services for LGBTQ youth with the Tegan and Sara foundation ; it was a natural mix for Kiehl’s to give back to the community and help youth feel more comfortable in their skin,” says Alexandre Ratté, General Manager at Kiehl’s Canada “Staying true to our longstanding mission of supporting local initiatives, Kiehl’s and the Tegan and Sara Foundation will help ensure the LGBTQ girls and women have a happy upbringing, thanks to the power of music.”Customers and fans across the country are invited to participate in the Tegan and Sara Foundation partnership through the following initiatives:Limited Edition Ultra Facial Cleansers: a limited edition of the customer favourites; Ultra Facial Cleanser and the Oil Free Ultra Facial Cleanser featuring an original illustration by Tegan and Sara on the label will be available at Kiehl’s stores nationwide in January, with 100% of net profits donated to the Tegan and Sara foundation*Performance: Throughout the winter, Kiehl’s will host a secret performance with Tegan and Sara in Canada. Customers and fans will be invited to visit Kiehl’s stores to participate in an exclusive contest throughout the month of January. Then, winners will be surprised with an exclusive invitation to the special event. This unique experience is our way of giving back to those who help us support the Tegan and Sara foundation.*Through this campaign, our objective is to raise $50,000 for the Tegan and Sara foundation in Canada. Facebooklast_img read more


Dene National Assembly to elect new national chief for first time in


first_imgCharlotte Morritt-Jacobs APTN NewsIt’s an important day in the Northwest Territories for politics.For the first time in three decades, there will be a new Dene national chief elected on Wednesday.APTN reporter Charlotte Morritt-Jacobs is in West Point First Nation for the 48th annual Dene National Assembly.cmorrittjacobs@aptn.calast_img


NAFTA unresolved steel tariffs hanging after Freeland Lighthizer meeting


first_imgWASHINGTON – To hear Chrystia Freeland tell it, NAFTA and steel are like apples and oranges.Canada’s foreign minister is in Washington this week to avert an economic storm that could see Canada sideswiped by crippling U.S. tariffs on imports of steel and aluminum — if President Donald Trump follows through on his latest threat not to extend an exemption for Canada and Mexico which is due to expire Friday.That is on top of the around-the-clock effort by Canada, the United States and Mexico to get a deal on a renegotiated North American Free Trade Agreement — in time for the current iteration of the U.S. Congress, and ahead of what’s expected to be a turning-point election in Mexico on July 1.Freeland emerged Tuesday from a meeting with U.S. trade czar Robert Lighthizer with the threat of both problems still hovering in the oppressive Washington humidity.She insisted the steel issue remains separate from the renegotiation of NAFTA, a deal that Trump has repeatedly blasted and threatened to rip up.“Canada has said from the outset, this is in our view entirely separate from the NAFTA negotiation,” she said after her two-hour, face-to-face meeting inside the office of the U.S. Trade Representative, the site of intensive NAFTA talks over the last several weeks.American trade analysts say there’s an obvious connection, but Freeland may be downplaying it in an attempt to bargain effectively.“Everything in Trump world is linked, ultimately,” Eric Miller of the Rideau Potomac Strategy Group, said in an interview Tuesday.“In that context Minister Freeland is making a big push for aluminum and steel exemptions,” he added.“The Trump administration could well say we feel we have made enough progress on NAFTA in order to give an exemption to Canada and Mexico.”If Trump follows through with the tariff threat, then it will have been in Freeland’s interest to separate steel from NAFTA to increase the ability to move forward with an agreement on the continental pact later, said Miller.Freeland and Lighthizer continued their discussion later in the day by telephone, and she planned to return to Ottawa on Wednesday morning.Dan Ujczo, an American trade lawyer with Dickinson Wright PLLC, said the main focus on Freeland’s trip has to be securing the steel and aluminum exemption by Friday because NAFTA’s not getting through Congress this year anyway.Many people inside the Washington beltway are betting on Trump offering up a 30-day extension to the exemption, following a past pattern of threats and then, extension. But Ujczo said betting on that this time would be folly.He said Trump has to follow through, otherwise his broader trade agenda with China might suffer.“That leverage from the tariffs only works if you actually demonstrate a willingness to pull the trigger,” he said Tuesday.“The president is deploying that strategy with China. I believe that he may do the same with North America and Europe unless they come to the table with an offer.”In the past, Freeland has said Canada wouldn’t take NAFTA’s demise lightly, and she warned Tuesday that there will be consequences as well if Canada loses its steel and aluminum exemption.“Our government always is very ready and very prepared to respond appropriately to every action. We are always prepared and ready to defend our workers and our industry,” she said.“Canadian steel workers should absolutely know that the government of Canada has their back … We are very clear in making the point, which I think frankly is common sense, that in no way could Canadian steel and aluminum pose a national security threat to the United States.”Mexico was not at Tuesday’s meeting.Prime Minister Justin Trudeau has been talking by phone with Trump and Mexican President Enrique Pena Nieto in recent days, despite dwindling hope of reaching a deal on updating NAFTA.Trudeau telephoned U.S. Vice-President Mike Pence on Tuesday to discuss the continental trade agreement and the potential steel and aluminum tariffs, but the Prime Minister’s Office offered no additional details of the call.The rules surrounding autos remain a major NAFTA sticking point, which has left stakeholders and observers alike skeptical that Freeland will be able to accomplish anything substantial during her visit.Freeland said that was a major topic of the conversation with Lighthizer, and remains key to cracking a complex negotiation.“There is definitely a path forward and we are making progress,” Freeland said.“The intense engagements we had both at the ministerial and official level for the past several weeks is evidence of how hard everyone is working on this.”last_img read more