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.
2019-08-08 09:35:00 Thursday ET
Kobe Bryant and several other star athletes have been smart savvy investors. In collaboration with former Web.com CEO Jeff Stibel, the NBA champion invests
2018-09-15 11:35:00 Saturday ET
Apple releases its September 2018 trifecta of smart phones or iPhone X sequels: iPhone Xs, iPhone Xs Max, and iPhone XR. Both iPhone Xs and iPhone Xs Max ha
2017-02-13 09:35:00 Monday ET
JPMorgan Chase CEO Jamie Dimon says President Trump has now awaken the *animal spirits* in the U.S. stock market. The key phrase, animal spirits, is the
2023-05-31 11:27:00 Wednesday ET
What are the top global risks in trade, finance, and technology? In this macro report, we focus on the current global risks from inflation and growth con
2025-08-09 11:31:00 Saturday ET
Wharton e-commerce entrepreneurship professor Dr Karl Ulrich explains that many top-notch universities now provide massive open online courses (MOOCs) for m
2017-12-17 11:41:00 Sunday ET
Warren Buffett points out that it is important to invest in oneself. Learning about oneself empowers him or her to lead a meaningful life. This valuable inv