U.S. Trade Representative Robert Lighthizer is taking the lead in the latest round of talks on the North American Free Trade Agreement, scheduled for today. President Donald Trump has threatened to pull out of NAFTA, unless it’s renegotiated. That’s easier said than done, though and there are still a number of stumbling blocks. Click the […]
South Korea has become the first nation to be permanently exempted from President Donald Trump’s steel and aluminum tariffs as part of a newly renegotiated free trade agreement between the two countries announced today. The Trump administration has used the possibility of tariffs as leverage in other trade issues as well, such as renegotiating the […]
A key European Union body tells Britain trade with the bloc will be tougher once it leaves
The number of vehicles imported to the United States from Mexico reached an all-time high last year. Mexico’s auto industry exported 2.3 million vehicles, which is nearly a 10 percent increase from the year before. Click the audio player above to hear the full story.
Plus what global trade might look like if China writes the rules.
The contentious fourth round of NAFTA negotiations concluded in Washington, D.C. today without a deal in sight. Trade reps from Canada and Mexico rejected outright a number of hard-line protectionist policies proposed by U.S. negotiators, proposals which Canada’s Foreign Affairs Minister Chrystia Freeland described diplomatically today as “unconventional.” Could these seemingly irreconcilable sticking points on […]
Government programs are meant to help those workers get new jobs. But reinvention is hard.
The Smoot-Hawley story you never learned in high school history class.