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What Trump’s new North American trade deal actually does

From apnews.com

When President Donald Trump signed a revamped trade agreement with Mexico and Canada into law Wednesday, he kept a campaign pledge to improve upon a deal that he had long condemned. His U.S.-Mexico-Canada Agreement replaces a 26-year-old version that he and other critics said was a job-killing disaster for the United States. The president’s overhaul is designed to update the pact to reflect the rise of e-commerce and other technological changes and to do more to encourage factories to move production to the United States or keep it there. But the USMCA doesn’t represent a revolutionary change in regional trade or ... (full story)

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  • Category: Fundamental Analysis