USMCA

Treasury Secretary Steven Mnuchin was a guest on CNBC Thursday to discuss the USMCA and Chinese trade deals. Mnuchin Says USMCA Should Spur GDP Growth The USMCA trade deal will replace the NAFTA agreement, and once enacted will contribute an incremental 50 basis points of GDP growth, Mnuchin...

Trucks continue to carry the majority of cross-border imports and exports during the month of October, according to the U.S. Department of Transportation's Bureau of Transportation Statistics (BTS). Cross-border truck freight between the U.S., Canada and Mexico totaled $68.2 billion, or 64% of all...

Year-to-date U.S. rail traffic continues to be lower than the same period in 2018 amid challenging year-over-year comparisons that developed as a result of U.S. trade uncertainties. U.S. rail volumes were elevated in December 2018 because shippers sought to increase shipments ahead of U.S. tariffs...

Good day, The newly written USMCA trade rules that are set to replace NAFTA will cost automakers $3 billion in added U.S. tariffs for cars and parts that do not meet higher regional content requirements over the next decade. Automakers that look to avail tariff-free access between the three North...

U.S. growth stocks were once again among the best performers of 2019. However, a recent market rotation toward value stocks and two new international trade deals has the outlook for foreign value stocks looking relatively bullish heading into 2020. The USMCA, the phase one trade deal with China and...

Just days after Mexico's Senate voted to approve modifications negotiated into the U.S.-Mexico-Canada Agreement (USMCA), U.S. officials introduced a labor enforcement provision that could stall the trade deal.  An annex of the agreement presented in the U.S. House of Representatives on Dec. 13...

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On today's episode Dooner and Fava are joined by Dean of the C. Lamar and Ann Wright School of Business at Dalton State College Marilyn Helm to talk advancements and opportunities in supply chain education. Plus we're discuss trade wars, USMCA, e. Coli in the romaine…again and so much more....

Year-to-date U.S. rail volumes tumbled 4.8% as macroeconomic uncertainty weighs on rail traffic. Rail volumes so far this year totaled 25.3 million carloads and intermodal units for the week ending Dec. 7, according to the Association of American Railroads (AAR). Of that total, U.S. carloads...

House Speaker Nancy Pelosi, D-Calif., said the replacement to the 25-year-old trade agreement between the U.S., Canada and Mexico is now ready to move forward to ratification. "There is no question, of course, that this trade agreement is much better than NAFTA. But in terms of our work here, it...

The Trump administration and House Democrats on Tuesday announced a deal on the United States-Mexico-Canada Agreement, the replacement for the North American Free Trade Agreement. What Happened? Replacing NAFTA was one of President Donald Trump’s major 2016 campaign promises. House Speaker...

The trade deal pushed to the side U.S./China trade war is now in the forefront on reports that House Democrats and the Trump administration are near an agreement on USMCA. Discussions on the deal have taken over a year now, and if it passes the House before the end of 2019, it would move on to be...

U.S., Canadian and Mexican officials met in Washington Wednesday afternoon in a pre-Thanksgiving bid to push through the ratification of the United States-Mexico-Canada (USMCA) trade agreement. The hastily scheduled talks included U.S. Trade Representative Robert Lighthizer, Canadian Deputy Prime...

Engine manufacturer Cummins Inc. is shifting more production to plants in Mexico in preparation for updated requirements in the new United States, Mexico and Canada (USMCA) trade agreement. Cummins will move some of its operations from the U.S., China, India and Brazil to Mexico, including its...

Trucks again carried the majority of cross-border imports and exports during the month of September, according to the U.S. Department of Transportation's Bureau of Transportation Statistics (BTS). Cross-border truck freight between the U.S., Canada and Mexico totaled $64 billion, or 63.1% of all...