2018-10-01 07:33:00 Mon ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
President Trump announces the new trilateral trade agreement among America, Canada, and Mexico: the U.S.-Mexico-Canada Agreement (USMCA) replaces and revamps the 24-year-old North America Free Trade Agreement (NAFTA). Through this agreement, the Trump administration grants Canada and Mexico reprieve on automobile tariffs. In return, Canada reduces import barriers for American dairy products. Mexico also implements more employee protection rules and regulations.
USMCA enriches and strengthens the economic lives of the U.S. middle-class and further creates new job opportunities for half billion residents in North America. The trade pact comes up for trilateral review once every 6 years and in turn gives the Trump administration significant leverage to ensure its fair trade and commerce with Canada and Mexico.
President Trump touts and hails this new trade pact with Canada and Mexico as a major win for American workers and especially the U.S. automobile industry. Thus, USMCA contributes to President Trump's key motifs in the merry medley of Make America Great Again (MAGA). Stock market investors breathe a sigh of relief that the key pillars of North America Free Trade Agreement (NAFTA) survive President Trump's hardball strategy to reshape global commerce.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2019-04-09 11:29:00 Tuesday ET
The U.S. Treasury yield curve inverts for the first time since the Global Financial Crisis. The key term spread between the 10-year and 3-month U.S. Treasur
2019-05-23 10:33:00 Thursday ET
Berkeley professor and economist Barry Eichengreen reconciles the nominal and real interest rates to argue in favor of greater fiscal deficits. French econo
2018-12-07 11:35:00 Friday ET
Fed Chair Jerome Powell hints slower interest rate increases because the current rate is just below the neutral threshold. NYSE and NASDAQ share prices rebo
2019-09-19 15:30:00 Thursday ET
U.S. yield curve inversion can be a sign but not a root cause of the next economic recession. Treasury yield curve inversion helps predict each of the U.S.
2017-04-13 10:42:00 Thursday ET
President Donald Trump unveils the dramatic *tax overhaul proposal*. Through this tax plan, Trump replaces the current 7 income tax brackets with 3 leane
2022-08-30 10:32:00 Tuesday ET
The financial services industry needs fewer banks worldwide. As long as banks have existed in human history, their managers have realized how not all dep