Obama, Mexico’s Calderon and Canada’s Harper vow to cut excess regs

Question of the Day

Should Congress make English the official language of the U.S.?

View results

WASHINGTON — President Barack Obama said he and the leaders of Canada and Mexico are launching a new bid to pare back regulation in hopes of boosting trade and creating more jobs.

At a three-way North American summit on Monday with Canada’s Prime Minister Stephen Harper and Mexico’s President Felipe Calderon, Obama said the three will “go through the books” to simplify regulations and eliminate others that aren’t needed.

Three-way trade among the U.S., Canada and Mexico now exceeds $1 trillion, and Obama says he wants to see that number rise.

The three leaders also discussed immigration and the war on drugs during their one-day summit. Obama praised Calderon for “great courage” in standing up to Mexico’s cartels.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments
blog comments powered by Disqus
TWT Video Picks