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.
2018-01-06 07:32:00 Saturday ET
Subsequent to the Trump tax cuts for Christmas in December 2017, the one-year-old Trump presidency now aims to make progress on health care, infrastructure,
2019-08-26 11:30:00 Monday ET
Partisanship matters more than the socioeconomic influence of the rich and elite interest groups. This new trend emerges from the recent empirical analysis
2022-04-05 17:39:00 Tuesday ET
Corporate diversification theory and evidence A recent strand of corporate diversification literature spans at least three generations. The first generat
2019-04-30 07:15:00 Tuesday ET
Through our AYA fintech network platform, we share numerous insightful posts on personal finance, stock investment, and wealth management. Our AYA finte
2018-05-19 09:29:00 Saturday ET
Treasury Secretary Steve Mnuchin indicates that the Trump team puts the trade war with China on hold. The interim suspension of U.S. tariffs should offer in
2017-11-05 09:45:00 Sunday ET
President Trump criticizes the potential media merger between AT&T and Time Warner, the latter of which owns the anti-Trump media network CNN. President