When asked about the replacement of the North American Free Trade Agreement with the United States-Mexico-Canada Agreement, President Donald Trump said, “The Republicans love it. Industry loves it. Our country loves it. If it’s fair, it will pass easily. It’s a great deal.”
Discussion surrounding the update of the North American Free Trade Agreement (NAFTA) enters a critical week as officials from Canada, Mexico, and the U.S. attempt to resolve an impasse before elections in the U.S. and Mexico further complicate the process.
As the impasse in Washington continues over funding for the proposed southern border wall, the failure to come to an agreement that re-opens the federal government is leading the American people into the longest ever shutdown.
With more than 5,000,000 jobs added since the 2016 election, President Donald Trump, who has continuously owned the record-breaking economic figures, may have to deal with slower growth in 2019 as economists and business leaders suggest an upcoming recession.
When acting White House Chief of Staff Mick Mulvaney was asked if President Donald Trump is serious about closing the border to stop illegal immigration, he replied: “Yes, I think he is.”
With the 68-year-old four-star Marine general John Kelly out at the end of the year, budget office head Mick Mulvaney gets the position as senior aide to President Trump.
General Motors is cutting jobs in the restructuring of their company as cars that were subsidizing by the Obama-era White House have lost their hyped appeal and are not selling anymore in a future world that never came. With cheap oil and a deregulatory state, look for the SUV, crossover, and light-duty truck market to be dominated by the big-three American automakers.
As the redevelopment of NAFTA as been put into place, which is now the United States-Mexico-Canada Agreement (USMCA), the White House will now set it sights on striking a deal with Xi Jinping’s China to come out victorious in the worldwide tariff battle.
Whether the manufacturing jobs boom seen under President Trump in his first 21 months in office will continue is now largely dependent on the administration’s handling of China, which currently has a quarter of a trillion dollars in duties levied on its products.
As the migrant caravan continues towards the U.S., questions have been raised about who exactly is funding the 4,000-strong endeavor. After all, food, water, gas for vehicles, and other necessities is expensive for those who claim they are fleeing Central and South America’s woeful economic conditions.
