The business of manufacturing cars in North America for North Americans is going to be an expensive affair, post Trump’s steel tariff hike. Negotiators working to rework the NAFTA trade deal were caught off-guard by U.S. President Donald Trump’s proposal… Read More ›
NAFTA
85% North America content in vehicles, an unrealistic target: U.S. Auto industry to Trump Administration
The U.S. auto industry has gone at great lengths to to convince the Trump administration of the importance of NAFTA for the industry. In fact, in October 2017 major auto dealers, automakers and suppliers had launched a coalition to back… Read More ›
Fiat Chrysler Automobiles to shift production of its Ram heavy duty pickup trucks to Warren, Michigan, from Mexico
While FCA plans on boosting the output of its Mexican plant in 2018 & 2019, in 2020 having shifted the production of its Ram heavy duty pickup trucks, it plans on reconditioning the plant to produce a yet to be… Read More ›
Not much progress expected during fifth round of NAFTA talks
Despite the general lack of progress, the 2018 Mexican election promises to instill some fire into the negotiations. On Tuesday, negotiators from Canada, Mexico and the U.S., completed their fifth round of negotiations aimed at reworking the North American Free… Read More ›
Mexico preparing contingency plans if Trump exits NAFTA
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 ›
If NAFTA were to fail it would put bilateral trade worth $1.2 trillion at risk
Although the U.S. aim could be portrayed as being noble and patriotic – that of reducing the U.S. trade deficit, – the demands of negotiators however risk risk derailing the highly integrated supply chains that U.S. manufactures depend on; it… Read More ›
General Motors coaxes its workers to get back to work at its CAMI plant in Ingersoll, South Ontario, Canada
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 ›
NAFTA and its implications for U.S. & Mexican businesses
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 ›
U.S reactionary imposition of 220% duty on Bombardier has larger geopolitical consequences
Bombardier is a major employer in Northern Ireland, where a handful of legislators is keeping British Prime Minister Theresa May’s minority Conservative government in power. The British government has threatened to cancel 18 Boeing F-18 Super Hornet fighter jets unless… Read More ›
Here’s why revisiting NAFTA and Trump’s “Buy American” agenda is likely to benefit Amazon.com
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 ›