Businesses and consumers are bracing for a trade war that would send both groups to global markets in search of substitutes ...
When the U.S. breaks its treaties, only China wins.
With dizzying speed, the Trump administration earlier this month announced and then paused broad-based 25% tariffs on top U.S ...
NAFTA was replaced with a new trade agreement, the United States–Mexico–Canada Agreement (USMCA). But with his reelection this year, Trump has the unique opportunity to renegotiate his own ...
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What Is the USMCA?Although Trump called Nafta “the worst trade deal ever made,” the USMCA wasn’t much different from the earlier deal. It maintained largely duty-free trade between the three countries ...
Under the USMCA, 75 per cent of auto parts have to be sourced within North America, up from 62.5 per cent under NAFTA. The U.S. has long been concerned about Chinese auto parts in North American ...
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