Bloomberg The Canadian government is signaling it could test the waters of quota-free softwood lumber trade with the U.S., a move expected to reignite a dispute that simmered for decades. Canada’s trade minister wouldn’t commit to reaching a deal before the U.S. is allowed to again place tariffs on Canadian softwood lumber. The previous softwood agreement, which included quotas and ...

Bloomberg Mexico’s Finance Ministry is preparing a support plan for Petroleos Mexicanos and studying all potential options, including a capital transfer or reducing the company’s tax burden, chief economist Luis Madrazo said. Capital aid for Pemex could come from part of the special revenue that the government will receive from the central bank’s operational surplus, Madrazo said in an interview ...

Bloomberg Hours after Argentina cut a deal with New York hedge funds to end a nasty, 15-year-old debt dispute, the government’s top economic officials took to the podium in Buenos Aires to bask in the moment. First to speak that February evening was the finance minister, Alfonso Prat-Gay. He’s an old JPMorgan Chase & Co. guy, a currency strategist. To ...