USMCA is the new trade deal reached by the USA and Canada, replacing the outdated NAFTA. USMCA will constitute a single agreement with the bilateral agreement between Mexico and the USA held in August.
Tag: Canadian Dollar
[Trump tries to calm down political rage over Helsinki summit] US President tried on Tuesday to “clean up the mess” as he failed to hold Russian President Vladimir Putin accountable for meddling in the 2016 U.S. election. A political firestorm was triggered by critics, allied countries and even his own staff.
CHINA and Global Trade War Chinese Markets stay on the ball as the deadline for tariffs imposition on Chinese exports by the United States approaches. China is expected to fight back US tariffs, especially those regarding the technology firms.
Trump’s intriguing tweets are the focus of the attention of the ongoing tariff war. Harley Davidson and US tariffs on cars from the E.U. were in the US President’s firing line on Tuesday.
A WSJ report about Trump’s intention to prohibit Chinese companies from investing in U.S. tech firms upset the markets. Worries over a worsening trade dispute between the United States and other major economies affected the FX market.