Trump suspends Mexico tariff for a month... sparing Canada too now
Hours after exempting Mexico from punishing 25% tariffs, for a month on goods traded under ...
Tearing up the Nafta agreement was a keynote pledge of Donald Trump’s election campaign as he vowed to return manufacturing jobs to the US. It has been replaced with the United States Mexico Canada Agreement (USMCA), and according to this report from DCVelocity, in the long-term automotive executives expect this aim to be achieved, in their industry at least. However, there are likely to be some disruptions in the nearer future: “41% of respondents said they expect production costs to ...
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