Aug 28 2018
Nafta reduced most trade barriers between the US, Mexico and Canada, but Trump and other critics say it encouraged US manufacturers to move south of the border to exploit low-wage Mexican labor. Timelines set out under US trade law mean that would nearly certainly be done by the next US Congress, raising the prospect of further hurdles. Functionally, that likely means more vehicle parts will be built and assembled in the U.S. But it could also raise wages or add more higher-paying positions in Mexico, too.
The three North American countries do about one trillion dollars in trade among themselves annually.
"We could have a separate deal, or we could put it into this deal". This will be a major boon to American automotive workers and that industry's domestic supply chain.
Addressing reporters in the White House Oval Office on Wednesday, Trump praised the preliminary agreement as an "incredible deal" for both countries.
Industrial companies, banks and big technology stocks are among the biggest winners in midday trading on Wall Street.
Ultimately, Canada may accept the deal but there's clearly a strategy here to isolate the Canada and it's one that caught them by surprise.
On Monday, they have been proved wrong by an unmitigated victory for the USA. Because we all negotiate tough. Trump realized the power this gives us and made a decision to use it to level the playing field for American workers-unlike other recent presidents.
Trump Organization CFO Allen Weisselberg reportedly granted immunity
In addition to the two counts of violating campaign finance laws, Cohen also has pled guilty to six counts of fraud. An attorney for Cohen didn't immediately respond to a request for comment.
The New Yorker pays tribute to Aretha Franklin
The image is from a 2014 performance at the White House, where she sang for former US president Barack Obama and Michelle Obama . Ariana told her to text an MP3, but Franklin ended up mailing her a package, which arrived months later.
Westminster crash suspect is British citizen of Sudanese origin
It was a loud bang", the 45-year-old told PA. "Our thoughts and prayers are with the people who have been injured". The Met Police confirmed one man has been arrested following the incident at around 7:37am.
This is all risk friendly so far - but the Chinese part is something to take note of and while there are no truces there between the U.S. and China's trade dispute, so far, that has been good news for the dollar bulls, in the short term, on inflationary expectations - (US tariffs implemented on Chinese imports = higher import prices).
Trump said "we haven't started with Canada yet"-when in fact the USA has negotiated with Canada extensively, though Canada has been excluded from NAFTA talks in recent weeks-and "we'll start negotiations shortly". Her boss, Prime Minister Justin Trudeau, even though it was a good idea to antagonize Trump at his failed G7 summit in June.
In Washington, Pena Nieto said Mexico will wait for Canada to be "integrated in this process".
Europe previous year had a $151 billion surplus with the USA. The U.S. plan calls for increased regional content for autos. He also threatened to impose tariffs on Canadian auto imports, suggesting that might be the "easier option".
TRT World's Harry Horton reports.
"We are now inviting the Canadians in as well and hope that we can reach a fair and successful conclusion with them as well", a senior USA trade official told Reuters in an interview. Now, China is reeling and American is ascendant. There was no indication on Monday that Mexico had abandoned that position. Delivering on that promise with plenty of time to convey facts to voters means his prospects for reelection look excellent.
On the same call, a senior administration official said it was only in the last few weeks that inking a two-way deal was viewed as the best next step in the NAFTA talks.
Aug 28 2018
'Not blood and soil': McCain's farewell message to Americans criticizes Trump
The White House issued no formal statement over the weekend about McCain's death, though one was drafted, according to USA media. Our hearts and prayers are with you!"-but it's the Instagram version of that sentiment that's getting all the attention".
Aug 27 2018
Prolific playwright Neil Simon dead at 91
Simon served in the military and then worked with his older brother Danny on producing jokes for television and radio scripts. At the end of his life , he was married to his fourth wife, Elaine Joyce, an actress to whom he was married in 1999.
Aug 26 2018
Islamabad denies Pompeo, Khan discussed terrorism in Pakistan
With respect to Afghanistan, both the leaders agreed that peace is a priority for the two countries. There are no mentions at all in the conversation about terrorists operating in Pakistan.
Aug 23 2018
Hurricane Lane: Holiday hotspot braced for LIFE THREATENING conditions
Hurricane-force winds extend outward up to 40 miles from the center and tropical-storm-force winds extend outward up to 140 miles. More watches and even warnings could be necessary for additional islands as the storm moves closer in the next 24 to 48 hours.
Aug 23 2018
Trump to relax carbon limits on power plants to support USA coal
Trump's regulations have to go through a 60-day public comment period before they are finalized. The Clean Power Plan faced powerful opposition from almost the moment it was signed.
Aug 20 2018
Lara Trump: who is the 'good Trump' that offered Omarosa 'hush money'?
Trump admitted he wasn't the one who came up with the concept, but did say it would be "the highest rated show on television". That's according to a person with direct knowledge of what Manigault Newman has described as a multimedia "treasure trove".
Aug 19 2018
Kenedy: Newcastle midfielder's display to forget at Cardiff City Stadium
Alas, Kenedy's day took another turn for the worse as his tame effort from the spot was easily parried by keeper Neil Etheridge . It earned the Bluebirds a point, which they will take to John Smith's Stadium next weekend when they face Huddersfield Town.
Aug 18 2018
Aretha Franklin's pastor speaks of her passing
Franklin's music also helped serve as a springboard for a number of young guitarists who later became legends themselves. Over the course of her career she won 18 Grammy Awards , including the Lifetime Achievement Award in 1994.
Aug 18 2018
New York University offers free tuition to all medical students
The NYU School of Medicine is offering full-tuition scholarships to all students, regardless of their financial situation. They owed an average amount of $191,000, according to a survey by the Association of American Medical Colleges.
Aug 14 2018
Man who stole plane and died in crash had North Dakota ties
They described the man as "suicidal" and said he "acted alone". "We're just trying to find a place for you to land safely". The Bombardier Q400 turboprop is designed for short-distance flights and can seat 76 passengers, Alaska Air said.
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Aug 23 2018Ex-Trump lawyer Cohen pleads guilty in hush-money scheme
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Aug 21 2018Short jail sentence recommended for George Papadopoulos
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Aug 18 2018White House says Turkish sanctions 'regrettable'
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Aug 15 2018Chris Sutton Issues Damning Criticism Of Celtic Board After Champions League Disaster