Factbox: Major points of friction as NAFTA talks sour(Reuters) - U.S. demands for more favorable treatment under the North American Free Trade Agreement, and a proposal that any new deal be allowed to expire after five years, heightened tensions as negotiators held another round of talks to renew the pact this week. NAFTA, long opposed by U.S. President Donald Trump, was  first implemented in 1994. It eliminates most tariffs on trade between the United States, Canada and Mexico and underpins $1 trillion of trade. Key issues facing negotiators include: U.S. Commerce Secretary Wilbur Ross says the United States is seeking to add a so-called sunset clause to NAFTA to provide a regular, “systematic re-examination” of the trade pact. The provision, causing NAFTA to expire after five years unless all three countries decide to renew it, has been met with disbelief by Canada, Mexico and the U.S. Chamber of Commerce. They say a major reason for having a trade deal is to provide investors with certainty about the future. The United States wants U.S. parts to be make up at least 50 percent of the content of autos made in North America, and parts from the region to make up at least 85 percent of the vehicles.  At present cars must contain at least 62.5 percent American, Canadian or Mexican content. Canada, Mexico and the auto industry warn that such strict rules will drive automakers to make their vehicles elsewhere, or buy cheap Asian parts and pay the tariffs. The United States has sought to ditch the so-called Chapter 19 tool, under which binational panels hear complaints about illegal subsidies and dumping and then issue binding decisions. Washington argues that Chapter 19 infringes on the sovereignty of its domestic laws. Canada has said Chapter 19 can be updated, but that a dispute settlement mechanism has to be part of any updated NAFTA. Mexico also says dispute settlement mechanisms are a vital part of the deal and give investors security. Quotas are already a feature of NAFTA in several agricultural commodities including dairy and sugar, but Washington is seeking to eliminate non-tariff barriers to U.S. agricultural exports. Dairy was excluded from the original 1994 NAFTA deal, and U.S. President Donald Trump has called Canada’s restrictions on dairy imports a “disgrace.” The United States is pushing for the Canadian and Mexican governments to open up their tender processes to U.S.-made products, but at the same time it is defending existing “Buy American” procurement laws under a proposal dubbed “Dollar for Dollar.” The Buy American provisions have blocked the use of Canadian steel to build U.S. bridges, and Canada is pushing for a freer market for government procurement. The United States is exploring ways to protect fresh fruit and vegetable farmers in Florida and Georgia by giving small growers easier access to anti-dumping measures, a move Mexico sees as anti-free trade. It is also opposed by larger U.S. farm outfits that use their Mexican fields to sell cheap berries and tomatoes to U.S. consumer all year round under NAFTA. INVESTOR-STATE DISPUTE SETTLEMENT The United States has proposed a minor tweaking of the NAFTA Chapter 11 provisions, designed to ensure that firms that invest abroad receive “fair and equitable” treatment by foreign governments. Opponents of the provisions argue they infringe on sovereignty and benefit multinational corporations. Canada wants to update the mechanism to allow governments to regulate in the interest of the environment or labor, as in the Comprehensive Economic and Trade Agreement that Canada recently negotiated with the European Union. Mexico’s Economy Minister Ildefonso Guajardo last week criticized a U.S. proposal he said was aimed at putting new restrictions on companies that do deals with Mexico’s state-run energy companies. In 2014, Mexico opened its energy sector to private investment and says it has since raised at least $60 billion in investment commitments. politicsNews
factor major points friction bafta talks sour reuters demands favorable treatment north american free trade agreement proposal new deal allowed expire five years heightened tensions negotiators held another round talks renew pact week bafta long opposed president donald trump first implemented it eliminates tariffs trade united states canada mexico undermine trillion trade key issues facing negotiators include commerce secretary wilbur ross says united states seeking add sunset clause bafta provide regular systematic trade pact the provision causing bafta expire five years unless three countries decide renew met disbelief canada mexico chamber commerce they say major reason trade deal provide investors certainty future the united states wants parts make least percent content autos made north america parts region make least percent vehicles at present cars must contain least percent american canadian mexican content canada mexico auto industry warn strict rules drive automakers make vehicles elsewhere buy cheap asian parts pay tariffs the united states sought ditch chapter tool national panels hear complaints illegal subsidies dumping issue binding decisions washington argues chapter infringe sovereignty domestic laws canada said chapter updated dispute settlement mechanism part updated bafta mexico also says dispute settlement mechanisms vital part deal give investors security quotas already feature bafta several agricultural commodities including dairy sugar washington seeking eliminate barriers agricultural exports dairy excluded original bafta deal president donald trump called canada restrictions dairy imports the united states pushing canadian mexican governments open tender processes products time defending existing buy american procurement laws proposal dubbed dollar the buy american provisions blocked use canadian steel build bridges canada pushing free market government procurement the united states exploring ways protect fresh fruit vegetable farmers florida georgia giving small growers easier access measures move mexico sees trade it also opposed larger farm outfits use mexican fields sell cheap berries tomatoes consumer year round bafta dispute settlement the united states proposed minor tweaking bafta chapter provisions designed ensure firms invest abroad receive fair equitable treatment foreign governments opponents provisions argue infringe sovereignty benefit multinational corporations canada wants update mechanism allow governments regulate interest environment labor comprehensive economic trade agreement canada recently negotiated european union mexico economy minister ildefonso guajardo last week criticized proposal said aimed putting new restrictions companies deals mexico energy companies in mexico opened energy sector private investment says since raised least billion investment commitments politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Factbox: Major points of friction as NAFTA talks sour(Reuters) - U.S. demands for more favorable treatment under the North American Free Trade Agreement, and a proposal that any new deal be allowed to expire after five years, heightened tensions as negotiators held another round of talks to renew the pact this week. NAFTA, long opposed by U.S. President Donald Trump, was  first implemented in 1994. It eliminates most tariffs on trade between the United States, Canada and Mexico and underpins $1 trillion of trade. Key issues facing negotiators include: U.S. Commerce Secretary Wilbur Ross says the United States is seeking to add a so-called sunset clause to NAFTA to provide a regular, “systematic re-examination” of the trade pact. The provision, causing NAFTA to expire after five years unless all three countries decide to renew it, has been met with disbelief by Canada, Mexico and the U.S. Chamber of Commerce. They say a major reason for having a trade deal is to provide investors with certainty about the future. The United States wants U.S. parts to be make up at least 50 percent of the content of autos made in North America, and parts from the region to make up at least 85 percent of the vehicles.  At present cars must contain at least 62.5 percent American, Canadian or Mexican content. Canada, Mexico and the auto industry warn that such strict rules will drive automakers to make their vehicles elsewhere, or buy cheap Asian parts and pay the tariffs. The United States has sought to ditch the so-called Chapter 19 tool, under which binational panels hear complaints about illegal subsidies and dumping and then issue binding decisions. Washington argues that Chapter 19 infringes on the sovereignty of its domestic laws. Canada has said Chapter 19 can be updated, but that a dispute settlement mechanism has to be part of any updated NAFTA. Mexico also says dispute settlement mechanisms are a vital part of the deal and give investors security. Quotas are already a feature of NAFTA in several agricultural commodities including dairy and sugar, but Washington is seeking to eliminate non-tariff barriers to U.S. agricultural exports. Dairy was excluded from the original 1994 NAFTA deal, and U.S. President Donald Trump has called Canada’s restrictions on dairy imports a “disgrace.” The United States is pushing for the Canadian and Mexican governments to open up their tender processes to U.S.-made products, but at the same time it is defending existing “Buy American” procurement laws under a proposal dubbed “Dollar for Dollar.” The Buy American provisions have blocked the use of Canadian steel to build U.S. bridges, and Canada is pushing for a freer market for government procurement. The United States is exploring ways to protect fresh fruit and vegetable farmers in Florida and Georgia by giving small growers easier access to anti-dumping measures, a move Mexico sees as anti-free trade. It is also opposed by larger U.S. farm outfits that use their Mexican fields to sell cheap berries and tomatoes to U.S. consumer all year round under NAFTA. INVESTOR-STATE DISPUTE SETTLEMENT The United States has proposed a minor tweaking of the NAFTA Chapter 11 provisions, designed to ensure that firms that invest abroad receive “fair and equitable” treatment by foreign governments. Opponents of the provisions argue they infringe on sovereignty and benefit multinational corporations. Canada wants to update the mechanism to allow governments to regulate in the interest of the environment or labor, as in the Comprehensive Economic and Trade Agreement that Canada recently negotiated with the European Union. Mexico’s Economy Minister Ildefonso Guajardo last week criticized a U.S. proposal he said was aimed at putting new restrictions on companies that do deals with Mexico’s state-run energy companies. In 2014, Mexico opened its energy sector to private investment and says it has since raised at least $60 billion in investment commitments. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: factor major points friction bafta talks sour reuters demands favorable treatment north american free trade agreement proposal new deal allowed expire five years heightened tensions negotiators held another round talks renew pact week bafta long opposed president donald trump first implemented it eliminates tariffs trade united states canada mexico undermine trillion trade key issues facing negotiators include commerce secretary wilbur ross says united states seeking add sunset clause bafta provide regular systematic trade pact the provision causing bafta expire five years unless three countries decide renew met disbelief canada mexico chamber commerce they say major reason trade deal provide investors certainty future the united states wants parts make least percent content autos made north america parts region make least percent vehicles at present cars must contain least percent american canadian mexican content canada mexico auto industry warn strict rules drive automakers make vehicles elsewhere buy cheap asian parts pay tariffs the united states sought ditch chapter tool national panels hear complaints illegal subsidies dumping issue binding decisions washington argues chapter infringe sovereignty domestic laws canada said chapter updated dispute settlement mechanism part updated bafta mexico also says dispute settlement mechanisms vital part deal give investors security quotas already feature bafta several agricultural commodities including dairy sugar washington seeking eliminate barriers agricultural exports dairy excluded original bafta deal president donald trump called canada restrictions dairy imports the united states pushing canadian mexican governments open tender processes products time defending existing buy american procurement laws proposal dubbed dollar the buy american provisions blocked use canadian steel build bridges canada pushing free market government procurement the united states exploring ways protect fresh fruit vegetable farmers florida georgia giving small growers easier access measures move mexico sees trade it also opposed larger farm outfits use mexican fields sell cheap berries tomatoes consumer year round bafta dispute settlement the united states proposed minor tweaking bafta chapter provisions designed ensure firms invest abroad receive fair equitable treatment foreign governments opponents provisions argue infringe sovereignty benefit multinational corporations canada wants update mechanism allow governments regulate interest environment labor comprehensive economic trade agreement canada recently negotiated european union mexico economy minister ildefonso guajardo last week criticized proposal said aimed putting new restrictions companies deals mexico energy companies in mexico opened energy sector private investment says since raised least billion investment commitments politicsnews