Xinhua: Feelings mixed for Americans on 2026 World Cup
Xinhua |
Updated: 2018-06-15 12:49
The United States, Canada and Mexico won their joint bid to host the 2026 FIFA World Cup at the 68th FIFA Congress held in Moscow on June 13. The three countries announced an united bid in April 2017.
A Xinhua report pointed out that the co-hosting itself is a big challenge, as the three partners of the North American Free Trade Agreement (NAFTA) have been struggling to update their free trade pact.
The renegotiating of NAFTA started from August 2017 at the request of U.S. President Donald Trump, who feels the free-trade pact has been bad for the U.S. economy. The three countries remain divided over the rules of origin for automobiles and other issues following months-long negotiations.
The situation has been complicated by the Trump administration using the so-called Section 232 of the Trade Expansion Act from 1962 to unilaterally slap tariffs on imported steel and aluminum products from its key trade partners including Canada and Mexico.
On June 1, the US announced to impose steep tariffs on imported steel (25 percent) and aluminum (10 percent) from the European Union as well as Mexico and Canada. Canada and Mexico announced dollar-for-dollar retaliation tariffs on U.S. products.
The United States, Canada and Mexico won their joint bid to host the 2026 FIFA World Cup at the 68th FIFA Congress held in Moscow on June 13. The three countries announced an united bid in April 2017.
A Xinhua report pointed out that the co-hosting itself is a big challenge, as the three partners of the North American Free Trade Agreement (NAFTA) have been struggling to update their free trade pact.
The renegotiating of NAFTA started from August 2017 at the request of U.S. President Donald Trump, who feels the free-trade pact has been bad for the U.S. economy. The three countries remain divided over the rules of origin for automobiles and other issues following months-long negotiations.
The situation has been complicated by the Trump administration using the so-called Section 232 of the Trade Expansion Act from 1962 to unilaterally slap tariffs on imported steel and aluminum products from its key trade partners including Canada and Mexico.
On June 1, the US announced to impose steep tariffs on imported steel (25 percent) and aluminum (10 percent) from the European Union as well as Mexico and Canada. Canada and Mexico announced dollar-for-dollar retaliation tariffs on U.S. products.
