U.S. is in a transatlantic tussle with Britain’s trade chief, Kemi Badenoch, expressing concerns that the protectionist law and Biden’s “Inflation Reduction Act” will not help the U.S. counter the rise of China and could create a “single point of failure” in key supply chains. Badenoch also warned that the law could harm British and
On Wednesday the historic USMCA trade deal between the United States, Mexico, and Canada takes effect. The deal is a cornerstone of President Trump’s first term in office. According to Town Hall: The United States Mexico Canada Agreement (USMCA) goes into effect on Wednesday, marking a win for the Trump administration. The deal replaces the
White House Trade Adviser Peter Navarro has been sounding the alarm on the corruption and dangerousness emanating from China since the beginning of this crisis and he now has issued a warning to the country. According to The Hill: Top White House trade adviser Peter Navarro fueled speculation Monday that the Trump administration might retaliate against
A new report indicates that US companies are beginning to leave China. According to The Daily Wire: The coronavirus COVID-19 that originated in China may be the last straw that finally has triggered American companies to exit China. In the Global manufacturing consulting firm Kearney’s seventh annual Reshoring Index released on Tuesday, co-author Patrick Van
Trump’s son-in-law and top adviser Jared Kushner is making a bold statement about the new USMCA trade deal. Kushner has called it one of the greatest deals of all time. According to Town Hall: Even in her fevered rush to impeach President Trump by Christmas, Nancy Pelosi took a timeout to pass Trump’s historic USMCA
President Trump signed the USMCA trade deal on Wednesday making a major victory for his administration. This was a priority for President Trump when he took office and his administration saw it to completion. According to The Hill: President Trump on Wednesday signed the United-States-Mexico-Canada Agreement (USMCA) in a ceremony on the South Lawn of the
A major piece of legislation is heading to President Trump’s desk after being signed by Senator Chuck Grassley. Trump’s trade deal between the United States, Canada, and Mexico now only requires Trump’s signature to take effect. According to The Hill: Sen. Charles Grassley (R-Iowa), the president pro tempore of the Senate, signed the United States Mexico Canada
President Trump has been announced as the headliner for the Farm Bureau convention and it is thought that he will likely use it to tout what will be the newly signed trade deal with China. According to The Hill: President Trump is slated to address the American Farm Bureau Federation on Sunday, when he will likely highlight
Democrats are not happy with the timeline on the passage of the USMCA after House Dems agreed to pass the legislation with President Trump. According to Town Hall: After House Speaker Nancy Pelosi announced Tuesday that she finally reached a deal with the White House over the United States—Mexico—Canada Trade Agreement, Senate Majority Leader Mitch
The White House appears to be moving closer to reaching an agreement with Democrats on ratifying the USMCA which appears to have been finalized between the United States, Mexico, and Canada on Monday. According to The Hill: The White House and House Democrats are on the verge of a new North American trade deal in what
