The IMF has suggested that Mexico should go ahead with structural economic reforms, including diversifying its economy. Currently 80% of Mexican exports are shipped to the U.S. A Macro-economic response that reassures investors appear to be Mexico’s best bet out… Read More ›
The dispute stems from the union’s demand that GM designate the plant as the lead production site for its Chevrolet Equinox model in North America. General Motors Co has stated it has reached a tentative labor agreement with striking workers… Read More ›
Here’s how the Trump Administration protectionism could impact the North American economy as a whole. Here’s how protectionism is relevant in an increasingly inter-connected world economy. According to Business leaders attending the U.S. – Mexico CEO conference whose agenda focuses… Read More ›
Amazon.com’s strategy fits snugly into Donald Trump’s vision of “Buy American” In a significant development, Amazon.com Inc, the world’s biggest online retailer, is preparing to unveil a 1 million square-foot warehouse near Mexico City in order to capture Mexico’s nascent… Read More ›
Although Commerce Secretary Wilbur Ross prefers bilateral deals with Mexico and Canada, senate participants have disclosed that things are leaning towards trilateral negotiations. Several members of the Senate Finance Committee have disclosed that the Trump administration aims at keeping the… Read More ›
Trump’s comments have upset South Korea’s stock market which has plummeted despite brightening economic prospects. U.S. President Donald Trump has threatened he will either renegotiate or terminate on what he termed as a “horrible” free trade deal with South Korea,… Read More ›
Emerging economies are seen as having a better economy and ability to pay, thus the migration in funds. Thanks to the rise of short term interest rates in the U.S, bond fund managers are increasingly migrating towards debt markets in… Read More ›
The development could spell trouble for Tesla since the UAW has now got in touch with its workforce, increasing the chances of their forming/joining an union. Dennis Williams, the President of United Auto Workers has disclosed that the union is… Read More ›
Founded by billionaire industrialist, Charles Koch and his brother, the reach advocacy group, Americans for Prosperity, includes the White House. Its former members have landed high-position jobs in the Trump administration. AFP’s current focus is Trump’s border tax which could… Read More ›
According to two studies, a “highly protectionist and isolationist stance” while revising NAFTA could significantly hit the U.S. auto industry in the form of decreased sales a job losses across North America. With U.S. President Donald Trump withdrawing from the… Read More ›
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