While the Trump administration has touted the new trade pact with Mexico and Canada as a historic achievement and a promise kept, critics say that the differences between the NAFTA and the new agreement are so slight as to make the entire effort to renegotiate the trade pact “unnecessarily painful.” “This is better than anything […]
Trump has just revolutionized global trade by replacing NAFTA with USMCA.
October 2, 2018 by
(AP) Trump administration negotiators reached a major agreement with Canada on trade over the weekend. The breakthrough, which came on the heels of an earlier deal with Mexico, vindicates President Trump’s tough approach to reforming trade and will mark a fundamental turning point for American jobs and global power. The new U.S.-Mexico-Canada Agreement (USMCA), which […]
Trump Declares USMCA $1.2T Deal Biggest in U.S. History
October 2, 2018 by
President Donald Trump valued the U.S.-Mexico-Canada Trade Agreement (USMCA) at $1.2 trillion on Monday, thereby replacing NAFTA as the biggest trade deal in U.S. history. Trump spoke from the White House Rose Garden surrounded by those who have worked on the new USMCA trade deal. The president called the USMCA “the most important trade deal […]