U.S., Canada and Mexico Reach Agreement on New “NAFTA”

President Trump announced the U.S. has reached a deal with the governments of Mexico and Canada on a new trade agreement meant to replace NAFTA, the twenty-five-year-old pact that Mr. Trump campaigned against during the 2016 election. The announcement was made from the Rose Garden at the White House. The President was joined by Republican […]

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Trump Attacks Bloomberg for Leaking Off-the-Record Comments

President Donald Trump has accused Bloomberg of leaking comments he made during an interview with the publication last week. He says the comments were off-the-record. The president wrote about the incident on Twitter. “Still can’t believe that Bloomberg violated a firm OFF THE RECORD statement. Will they put out an apology?” the president wrote. The […]

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U.S., Mexico Reach Trade Agreement with Canada Excluded

President Trump announced that the U.S. has entered into a new bilateral trade agreement with Mexico, replacing the former agreement known as the North American Free Trade Agreement (NAFTA). The President made the announcement from the Oval Office this morning. “This has to do – they used to call it NAFTA. We’re going to call […]

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Canada Responds with $13 Billion in Tariffs on U.S. Goods

Canada has responded to American tariffs on steel and aluminum imports by slapping $16.6 billion Canadian dollars, or about $12.5 billion U.S. dollars, worth of taxes on U.S. imports. The levies went into effect yesterday. The U.S. has placed 25% and 10% tariffs on steel and aluminum imports respectively, from Mexico, China, Turkey, India, the […]

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President Trump Exempts U.S. Allies, EU from Steel & Aluminum Tariffs

The Trump administration has announced that the European Union, Australia, Argentina, Brazil and South Korea will be exempt from the 25% steel and 15% aluminum tariffs the President announced earlier this month. The President’s tariff announcement angered many longstanding allies and set off a flurry of backroom diplomacy as countries sought exemptions and threatened retaliatory […]

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Eleven Countries, Including Canada and Mexico, Move forward With TPP Without U.S.

Eleven countries have moved forward with a trans-pacific trade pact despite President Trump pulling the U.S. out of the negotiations of the deal last year.  Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam gathered in Santiago this week to sign the renamed Comprehensive and Progressive Trans-Pacific Partnership. The agreement creates […]

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President Trump Defies Criticism, Institutes Tariffs on Steel and Aluminum

President Trump, in defiance of senior members of his staff, members of his own party on Capitol Hill and a slew of foreign governments, has signed into effect sweeping new tariffs on steel and aluminum imports. The President signed a proclamation at the White House today that place the higher duties into effect in two […]

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President Trump Ties Steel Tariff Exemptions for Canada, Mexico to NAFTA Renegotiation – Negotiating Style May Already Be Paying Off

President Trump wrote today on Twitter that exemptions for Canada and Mexico on steel and aluminum imports would be granted only if a more equitable version of NAFTA, the North American Free Trade Association is signed between the three countries. “We have large trade deficits with Mexico and Canada. NAFTA, which is under renegotiation right […]

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Canadian Companies to Sue U.S. Over Solar Panel Tariffs Imposed by Trump Administration

Several Canadian solar panel companies are suing the Trump administration over the 30% tariffs the President imposed on their products last month.  President Trump, last month, announced a 30% tariff on solar panels and a 50% tariff on imported washing machines. The impetus for the move, the President said, was bringing well-paying manufacturing jobs back […]

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