If the renegotiation of the North American Free Trade Agreement encounters trouble, it could impact other areas of cooperation other than Manufacturing in Mexico with the U.S. such as security and immigration, according to Mexican Foreign Minister Luis Videgaray. “It’s good for Mexico that we cooperate with the U.S. on security and also on migration […]
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Can US, Mexico and Canada Find Common Ground on NAFTA?
The fifth round of North American Free Trade Agreement talks starts Wednesday in Mexico City, two days earlier than initially scheduled. It’s the first meeting on Manufacturing in Mexico since U.S., Mexican and Canadian negotiators extended talks to March and added more time between sessions, abandoning Trump’s previous deadline. U.S. Trade Representative Robert Lighthizer capped the […]
Commerce Department: China Not a Market Economy
The Chinese government’s foreign investment regime is restrictive, the report concluded, the Chinese government exerts significant ownership and control over industry through state-invested enterprises, and other means, and state planning remains important in the Chinese government’s industrial policies. The Chinese government pushed back on these assertions in a speech made by a Ministry of Commerce […]
The 3 Countries Stealing China’s Business
As China transforms from an emerging market to an economic leader, the era of outsourcing to this nation is coming to an end. “Made in China.” It’s a slogan emblematic of many things — of cheap labor, of the loss of U.S. manufacturing jobs to lower-wage nations, of China’s rapid ascent to the ranks of […]
How much would products cost if they were made in the US? – Business Insider
In his first address since his victory speech — a two-and-a-half minute YouTube video posted November 21 — President-elect Donald Trump dove right into the issue of trade. On his first day in office, Trump said, he plans to “issue a notification of intent to withdraw from the Trans-Pacific Partnership, a disaster for our country.” Free […]