When will the USMCA be enforced?

When will the USMCA be enforced? On November 30, 2018, U.S., Mexican, and Canadian leaders signed the United States-Mexico-Canada Agreement at this year’s G-20 meeting.   The USMCA must be ratified by each country’s legislature. As a result, it wouldn’t go into effect until 2020.  President Trump has repeatedly suggested that he may unilaterally […]

Section 301 Tariffs Delayed

Section 301 Tariffs Delayed Indefinitely

Section 301 Tariffs Delayed Indefinitely Earlier last week, President Trump announced an indefinite delay in the uptick of Section 301 tariffs on the third list of Chinese products, which were scheduled to increase the additional duty rate already in place from 10% to 25% on March […]

China Trade Talks Resume This Week

Trade talks between the United States and China resume this week.  The biggest question is whether President Trump will make the decision to forego the threat to increase current tariffs from 10% to 25% on March 2, 2019 or to continue down the path of […]

International Trade News

International Trade News February 2019 Some interesting articles that caught our attention. Six out of Ten CEOs see Trump’s Tariffs Helping (Supply Chain Brain) About 59 percent of some 500 firms said they expected profits to benefit should tariffs on imports rise, more than double […]

China Trade Talks

China Trade Talks Resume in Hopes to Avert March 2 Tariff Increase

China Trade Talks will Resume Next Week Next week, U.S. officials will make a trip to Beijing to resume trade talks with China.  Treasury Secretary, Steve Mnuchin mentioned they are aiming to “clinch a deal to avert a March 2 increase in U.S. tariffs on […]

U.S. – China Talks End after Three Days

Two Days Turned into Three Days Keith Bradsher of The New York Times states, “Three days of trade negotiations between midlevel American and Chinese officials ended in Beijing on Wednesday afternoon with progress in identifying and narrowing the two sides’ differences but little sense of […]

Trump wants to cancel the old NAFTA

Will NAFTA be canceled before the new USMCA is implemented? President Trump left the G20 Summit in Buenos Aires with some big stuff.  A new China trade truce, the signing of USMCA, and a comment to cancel the old NAFTA ahead of the new pact. […]

U.S. – China Trade Truce

U.S. – China Trade Deal in Discussions United States’ President Trump and China’s President Xi Jinping met on the sidelines of the G20 Summit in Buenos Aires this past weekend to discuss their differences in trade.  The outcome?  A truce to the trade war and […]

USMCA Signed

USMCA Signed by United States, Mexico, Canada

USMCA is Official It is official! Friday, November 30, 2018, neighboring country leaders, United States President Donald Trump, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Pena Nieto were able to come together in Buenos Aires, Argentina during sidelines of the G20 Summit and […]

USMCA Signing

USMCA Signing Tomorrow

An Underwhelming Event The G-20 Leaders Summit occurs tomorrow, November 30, 2018 in Buenos Aires and from what I have read, so far there will not be a large planned ceremony.  In fact, according to CBC News, one day before the Summit begins, “Officials don’t […]