NAFTA is now called the U.S.-Mexico-Canada Agreement, or USMCA, after the three countries reached a new deal late Sunday night. From The Wall Street Journal:
The biggest impact is expected to be on the region’s largest industry, autos, requiring a greater portion of vehicles to be made in North America and with...
On Monday evening, President Donald Trump announced new tariffs on Chinese goods worth $200 billion and threatened to add more if the Chinese do not change their trading practices.
Well, that did not work because China answered with new tariffs on U.S. goods worth $60 billion.
President Donald Trump announced America has entered a “United States-Mexico Trade Agreement” from the White House, dumping the name NAFTA due to bad connotations.
Trump hopes to start negotiations with Canada ASAP. He said “we’ll see” if Canada will join this agreement or have a separate agreement.
The gross domestic product (GDP) hit 4.1% in the second quarter, up from 2.2% in the first quarter. This is the fastest rising GDP since 2014!
The Bureau of Economic Analysis reported that the growth comes “from positive contributions from personal consumption expenditures (PCE), exports, nonresidential fixed investment, federal government spending, and...
President Donald Trump and European Commission President Jean-Claude Juncker announced that the two sides have agreed to terms to simmer down a potential trade war that is already taking place between China and America.
But let’s take a deep breath and look closer before we pop the champagne.
The Sun dropped an interview with President Donald Trump on Thursday night as he met with Prime Minister Theresa May for a black-tie dinner. In it, he criticized May’s Brexit strategy, claimed she did not listen to him,...
On a brief visit to New Delhi, U.S. Ambassador to the United Nations Nikki Haley told India to rethink its relationship with Iran. “I think as a friend, India should also decide if this is a country they want to continue doing business with,” Ambassador Haley
President Donald Trump will approve a plan that will impose a 25% tariff on Chinese technology products, which is worth around $50 billion. From The Washington Post:
Although the import levies affect less than 10 percent of the $505 billion in Chinese goods that Americans buy each year, Trump’s new trade barriers...
I’ve been giggling for a solid 30 minutes over this one.
Someone, probably the Canadians, leaked the details of a “testy” call between President Trump and Canadian Prime Minister Justin Trudeau to CNN. This call supposedly happened in May, according to sources, and was the result of Trump’s tariff games.
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President Donald Trump’s move to impose tariff on steel and aluminum imports from Europe has triggered sharp response from the EU, Germany and France. President Trump’s decision to apply the duties of 25 percent on steel and 10 percent on aluminum was in response to long-standing European customs duties on U.S. imports.
President Donald Trump’s administration failed to reach a deal with Canada, Mexico, and the European Union, which led the president to impose tariffs on steel and aluminum imports.
Trump gave these three an extension when he brought up tariffs last month, but Commerce Secretary Wilbur Ross said the administration will not renew...
We’ve been covering the Trump administration’s trade talks with China, and now both nations have reportedly agreed to halt the trade war, including the imposition of tariffs, until a deal has been reached.
Washington and Beijing have agreed to abandon any trade war and back off from imposing tariffs on...
One of Trump’s first presidential acts was killing Obama’s Trans-Pacific Partnership deal.
In a recent post, my colleague Mary Chastain noted that when Trump signed the steel and aluminum tariffs, he was surrounded by American steel workers. For Trump, this was largely about keeping a campaign promise to American workers, but it could also serve him and Republicans well in the next two...
President Donald Trump imposed tariffs on steel and aluminum at a press conference at the White House today, but decided to exempt Canada and Mexico during NAFTA negotiations.
