North American trade agreement
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US President Donald Trump on Tuesday imposed 50 percent tariffs on most Canadian goods, and concerns have been raised about the economic implications. The new tariffs would exclude energy products, potash, fish and critical minerals, but would cover goods that had previously been protected from import taxes by the United States-Mexico-Canada Agreement. US correspondent Dan Mitchinson says Canadian officials haven't said much, but there's speculation Canada could raise tariffs on their own goods. LISTEN ABOVESee omnystudio.com/listener for privacy information.
US President Donald Trump on Tuesday imposed 50 percent tariffs on most Canadian goods, and concerns have been raised about the economic implications. The new tariffs would exclude energy products, potash, fish and critical minerals, but would cover goods that had previously been protected from import taxes by the United States-Mexico-Canada Agreement. US correspondent Dan Mitchinson says Canadian officials haven't said much, but there's speculation Canada could raise tariffs on their own goods. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Canada and Mexico are getting very different treatment from the Trump administration when it comes to trade. U.S. Trade Representative Jamieson Greer will travel to Mexico tomorrow for talks on revising the United States-Mexico-Canada Agreement. Canada is not invited. In fact, it's facing new U.S. tariffs. We dig in. Then, the transition to an AI economy could benefit some workers and displace others, but who gets to decide just how this transition will go? The AFL-CIO, the nation's largest coalition of labor unions, is demanding a role.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Stories featured in this episode:How labor unions are tackling AI and midterm elections
Canada and Mexico are getting very different treatment from the Trump administration when it comes to trade. U.S. Trade Representative Jamieson Greer will travel to Mexico tomorrow for talks on revising the United States-Mexico-Canada Agreement. Canada is not invited. In fact, it's facing new U.S. tariffs. We dig in. Then, the transition to an AI economy could benefit some workers and displace others, but who gets to decide just how this transition will go? The AFL-CIO, the nation's largest coalition of labor unions, is demanding a role.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace Morning Report is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.Stories featured in this episode:How labor unions are tackling AI and midterm elections
Today we're talking about the July 1 review of the United States Mexico Canada Agreement, better known as USMCA, and what it means for anyone developing or constructing buildings in North America.Leading up to July 1, the public conversation made the date sound like a cliff. Either the agreement would be renewed for another sixteen years, or it would somehow vanish overnight. That was never the actual mechanism. USMCA entered into force on July 1, 2020. The agreement has a sixteen-year term, which takes it to 2036. The six-year review was a decision point, not an expiration date. Because the three countries did not unanimously extend it, the agreement remains in force and now moves into annual reviews.The important point is that continuity and certainty are not the same thing. The legal framework survives. Goods that satisfy the agreement's rules of origin can continue to receive preferential treatment. But businesses no longer have a fresh sixteen-year runway. They now face a recurring political checkpoint, with the possibility of changes being negotiated every year.For the construction industry, that distinction matters. Construction is a long-cycle business. A development conceived today may not buy structural steel, electrical gear, windows, elevators, HVAC equipment, or finish materials for two or three years. A manufacturer deciding where to build a plant may be making a twenty-year decision. Annual trade reviews introduce a mismatch between short political cycles and long capital commitments.-------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1) iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613) Website: [www.victorjm.com](http://www.victorjm.com) LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce) YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734) Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso) Email: [podcast@victorjm.com](mailto:podcast@victorjm.com) **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com) Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital) Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)
With July 1 approaching – the formal review date for the United States-Mexico-Canada Agreement – it has become clear that there will be no 16-year extension of the trade treaty. The USMCA governs trade between the three countries, and Canada receives carveouts for U.S. tariffs on USMCA-compliant goods. Mark Rendell is The Globe's economics reporter, and joins the show to talk about how Canada got into a position of entering trade limbo, and what this new reality could look like going forward. Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
MCALLEN, Texas - McAllen Economic Development Corporation is being very strategic on the visits it is making to secure new opportunities for the region, the group's chief operating officer has explained.Ralph Garcia gave a very brief update on MEDC's work at their quarterly stakeholders committee meeting on June 18.“We have some projects on the Mexico side, but the majority are US-side projects,” Garcia said. “We continue to see new leads developing, and then also, as we're doing some of our visits, we're being very strategic on our visits that we're doing with companies that are existing in the market, to identify opportunities, and even particular projects they can be working on internally that we can try and attract to the region. So we're working very aggressively with that.”This strategy worked well with Valeo. The French high-tech auto parts manufacturer has a plant in Rio Bravo, Tamaulipas. When it developed plans to build a $225 million plant in the United States, MEDC worked hard to ensure they landed the new project.The two guest speakers at the stakeholders committee meeting were Juan Olaguibel, assistant city manager and superintendent of bridges for the City of McAllen and Jorge Torres, president of Interlink Trade Services. Olaguibel spoke largely about developments at Anzalduas International Bridge and Torres spoke largely about the United States-Mexico-Canada Agreement. Because their presentations went long, with numerous questions asked by stakeholders, Garcia kept his report short.Here is an audio recording of the report.Go to www.riograndeguardian.com to read the latest border news stories and watch the latest news videos.
On today's news brief: President Donald Trump this morning signed the long-awaited funding bill for Immigration and Customs Enforcement as well as Border Patrol, update on Iranian war and retaliations, the president announced today he would likely not renew the United States-Mexico-Canada Agreement, the House Oversight and Government Reform Committee is investigating the Justice Department's handling of the Jeffrey Epstein case and has interviewed high-profile leaders on both sides of the aisle, and Representative Chip Roy of Texas has introduced legislation to remove the Southern Poverty Law Center's tax-exempt status.
Good afternoon, I'm _____ with today's episode of EZ News. Tai-Ex opening The Tai-Ex opened up 103-points this morning from yesterday's close, at 45,660. However, Taiwan Semiconductor Manufacturing saw its share prices (股價) soar to a record high (歷史新高) of 2,440 N-T with the opening minutes - and that resulted in the main board making a significant gain of 841 points … .. which pushed the market above the 46,000 point mark, as it reached 46,398. Market watchers say the rises are due to investor optimism (投資人樂觀情緒) toward A-I, as keynote speeches at Computex Taipei has boosted tech stocks values both here in Taiwan and on Wall Street overnight. Air Force grounds T-34C trainers follow crash The Air Force has grounded (停飛) all of its T-34C trainers pending safety checks (安全檢查) following a crash at the Gangshan Air Base in Kaohsiung that left two pilots dead. The two-seater aircraft crashed while conducting a routine simulated engine-failure training exercise. Both Lt. Col. Lu Chi-yu and Lt. Col. Kuo Chun-nan were pronounced dead at the scene. According to Air Force Chief Inspector Major General Chiang Yi-cheng, the pilots reported no anomalies or malfunctions (故障) during the flight test and weather conditions, including visibility, were suitable for flying. The Air Force has formed a special task force to investigate the cause of the crash. Taiwan makes 1st large-scale shipment of summer fruits to Europe Agriculture Minister Chen Junne-jih has overseen a send-off ceremony for the first large-scale export (大規模出口) of Taiwan-grown summer fruits to Europe. The 6 metric tons of mangoes, lychees and dragon fruit left Pingtung County after meeting European Union import and quarantine requirements (檢疫規定). Speaking at the ceremony Chen said Taiwan's fresh fruit exports to Europe had previously been limited, but this latest shipment mark the start of a more systematic push into the European market. According to the exporter, the shipment is destined for Rungis, France's largest wholesale fresh produce market (生鮮批發市場), which serves as a key sourcing hub for Michelin-starred restaurants, hotels and major retailers. Starmer's WhatApp messages set to disappear as Mandelson files deepen leadership crisis British Prime Minister Sir Keir Starmer's official spokesperson (官方發言人) has confirmed the prime minister's WhatsApp messages are set to automatically disappear (自動消失)… A revelation that emerged after a cabinet meeting on the same day as the release of around a thousand pages of documents related to the appointment and dismissal of Peter Mandelson as British ambassador to Washington. The opposition Conservatives say they are surprised by how little of the prime minister's own communications feature in the release, and have accused the government of a cover-up (掩蓋真相). Olly Barratt reports from London. Canada Calls on US Mexico to Renew FTA Canada is calling on the United States and Mexico to renew (延長 / 續約) the free trade agreement (自由貿易協定) between the countries for another 16 years just as U.S. President Donald Trump revives talk of making Canada the 51st state. Canada's minister for U.S. trade sent a letter to United States Trade Representative Jamieson Greer and Mexico's Secretary of Economy Marcelo Ebrard on Tuesday that conveys Canada's recommendation. The letter comes ahead of the scheduled July review of the United States-Mexico-Canada Agreement. Its the latest version of free trade agreements among the U.S., Mexico and Canada dating back to the early 1990s that have intertwined (緊密相連 / 交織在一起) the economies of the three North American countries. Trump posted “51st State!” on social media late Monday. That was the I.C.R.T. EZ News, I'm _____. -- Hosting provided by SoundOn
What's going to happen to the United States-Mexico-Canada Agreement?
A bipartisan group of senators, including Amy Klobuchar (D-MN), Steve Daines (R-MT), John Boozman (R-AK), and Raphael Warnock (D-GA), is urging continued support and improvements to the United States-Mexico-Canada Agreement ahead of its upcoming six-year review. NAFB News ServiceSee omnystudio.com/listener for privacy information.
In this episode from 2020, Alex Aragona speaks with Dan Griswold as he explores the benefits of open markets and free trade, and whether you can "win" a trade war. References 1. “Mad About Trade: Why Main Street America Should Embrace Globalization” by Daniel Griswold Link: https://www.amazon.ca/Mad-About-Trade-America-Globalization/dp/193530819X 2. “Section 232 Investigation on the Effect of Imports of Steel on U.S. National Security” by U.S Department of Commerce Link: https://www.commerce.gov/issues/trade-enforcement/section-232-steel 3. “China Section 301-Tariff Actions and Exclusions Process” by Office of the United States Trade Representative Link: https://ustr.gov/issue-areas/enforcement/section-301-investigations/tariff-actions 4. “Only Congress can end the China trade war quagmire” by Daniel Griswold Link: https://www.mercatus.org/economic-insights/expert-commentary/only-congress-can-end-china-trade-war-quagmire 5. “The Coronavirus Should Not Prompt Us to Rethink Globalization” by Daniel Griswold Link: https://www.discoursemagazine.com/p/the-coronavirus-should-not-prompt-us-to-rethink-globalization 6. “Daniel Griswold: Curbing globalization would compound coronavirus damage” by Daniel Griswold Link: https://www.twincities.com/2020/03/13/daniel-griswold-curbing-globalization-would-compound-coronavirus-damage/ 7. “Daniel Griswold on US Demographic Decline and the Case for Expanding Immigration” by Daniel Griswold Link: https://www.mercatus.org/macro-musings/daniel-griswold-us-demographic-decline-and-case-expanding-immigration 8. “Clashing Over Commerce: A History of US Trade Policy” by Douglas Irwin Link: https://www.amazon.ca/Clashing-over-Commerce-History-Policy/dp/022639896X 9. “Death by China: Confronting the Dragon - A Global Call to Action” by Peter Navarro and Greg Autry Link: https://www.amazon.com/Death-China-Confronting-Dragon-paperback/dp/0134319036 10. “United States-Mexico-Canada Agreement” by Office of the United States Trade Representative Link: https://ustr.gov/trade-agreements/free-trade-agreements/united-states-mexico-canada-agreement
The deadline to renew the United States-Mexico-Canada Agreement – the agreement that governs free trade in North America, also known as the USMCA – is less than three months away. Canada and Mexico are coming to these trade talks from very different positions: Mexico has been deep in technical discussions for some time, whereas Canada's talks with the U.S. only resumed over the last few months after stalling out back in October. The Globe's economics reporter, Mark Rendell, joins us today to break down the different dynamics at play and what to expect leading up to July 1. Questions? Comments? Ideas? Email us at thedecibel@globeandmail.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
MCALLEN, TEXAS - Hopefully, a revised USMCA will allow Mexico to avoid being impacted by the new tariffs President Trump is trying to impose - in which case the new tariffs on steel from Mexico would be eliminated.This is the view of Jorge Torres, president of Rio Grande Valley-based Interlink Trade Services. Torres gave an update on the United States-Mexico-Canada Agreement negotiations at a recent meeting of the McAllen Economic Development Corporation Stakeholders Committee.“The USMCA revision is happening right now. Mexico's Secretary of the Economy, Marcelo Ebrard, and US Trade Representative Jamieson Greer have had meetings. And the meetings have been somewhat positive,” Torres said.“Obviously, they're looking at reinforcing the supply chain in the three countries. And that is something that is critical for us. They want to enforce the rules of origin on regional value content. They want to get more regional content, obviously.”Torres continued: “Mexico is pushing for not being affected by external tariffs, which is Sections 122, 301, 232 and all that. That's an uphill fight, but hopefully they'll get there, somehow. That will be critical to getting rid of the steel tariffs and the Section 301 investigations, all the tariffs that the President wants to impose. If they can isolate Mexico, that would be great. But again, that's an uphill battle, because the U.S. is demanding a lot of Mexico.”Editor's Note: Go to the Rio Grande Guardian website to read the full story.Go to www.riograndeguardian.com to read the latest border news stories and watch the latest news videos.
The Trump administration is reviewing the United States-Mexico-Canada Agreement, which comes up for renewal this year. The USMCA replaced NAFTA, was an economic cornerstone of President Donald Trump's first term, and accounts for more than $4 billion worth of cross-border trade. Thing is, it didn't live up to its promises of spurring manufacturing jobs. What might come next? But first, we dig into the anxiety that comes with surviving multiple rounds of layoffs.
The Trump administration is reviewing the United States-Mexico-Canada Agreement, which comes up for renewal this year. The USMCA replaced NAFTA, was an economic cornerstone of President Donald Trump's first term, and accounts for more than $4 billion worth of cross-border trade. Thing is, it didn't live up to its promises of spurring manufacturing jobs. What might come next? But first, we dig into the anxiety that comes with surviving multiple rounds of layoffs.
On this episode of #TheGlobalExchange, Colin Robertson sits down with Christopher Sands, Carlo Dade, Matthew Holmes and Laurence Herman to discuss Chris' latest publication, "United States-Mexico-Canada Agreement 2026: Review and déjà vu". // Participants' bios: Christopher Sands is the Director for the Centre of Canadian Studies at The Johns Hopkins University - Paul H. Nitze School of Advanced International Studies (SAIS). Carlo Dade is the Director of International Policy at the School of Public Policy at the University of Calgary. Matthew Holmes is Executive Vice President & Chief of Public Policy at Canadian Chamber of Commerce Lawrence Herman is Counsel, International Trade & Investment, Public Policy and Government Relations // Host bio: Colin Robertson is a former diplomat and Senior Advisor to the Canadian Global Affairs Institute. // Reading Recommendations: - "United States-Mexico-Canada Agreement 2026: Review and déjà vu" by Christopher Sands - "Reluctant Conquest" by Kathryn Lavelle - "Pachinko" by Min Jin Lee - "The Revolt of The Public" by Martin Hurri - "The Dollar a Year Men" by Allan Levine // Music Credit: Drew Phillips | Producer: Jordyn Carroll // Recording Date: March 10, 2026 Release date: March 23, 2026
We open with announcements and welcome Josiah Roe from Baja Bound Insurance and The Journal of Lost Time, then head straight into Overland Expo West 2026 in Flagstaff, Arizona (May 15–17). We break down what to expect, where to find us, and the collaboration between Random Waypoints and Baja Bound at this year's event.From there, we dive into the 2026 Academy Awards—key moments, major winners, and whether the results matched expectations.We also discuss shifting dog breed trends, with French bulldogs potentially cooling off while dachshunds surge in popularity.The conversation turns to a bigger question: should loyalty to America be required, or should it always remain a personal choice?We then examine the $200 billion war request—what it means, what could happen next, and the broader implications.We also break down the future of the United States-Mexico-Canada Agreement and what potential changes could mean for trade and the economy.Finally, we look at China's role in global tensions and what it means when they choose not to step in.A wide-ranging conversation covering culture, policy, economics, and the overlanding community.
Wherever Jon May Roam, with National Corn Growers Association CEO Jon Doggett
The United States-Mexico-Canada Agreement, more commonly called the USMCA, has been undeniably good for American agriculture. And as we approach the sixth anniversary of its implementation, USMCA is undergoing its mandated review period, during which the parties will decide specifics about the agreement's future. In order to ensure that agriculture's voice is heard during this process, the National Corn Growers Association, the National Turkey Federation and many other ag stakeholders are banding together in support. So in this episode of the Cobcast, we discuss the Agriculture Coalition for USCMA with one of its key members—NTF President and CEO Leslee Oden, as well as NCGA's Director of Public Policy, Trade, and Biotechnology Nancy Martinez. Together, we'll recap what led us to this point, discuss the USMCA's economic impact on the agriculture sector, and highlight the importance of predictability in trade agreements. We'll also uncover a few key points where the agreement could be improved, discuss the process of lobbying for those improvements, and emphasize the value that industry-centered coalitions bring to the negotiating table.
02/13/26: Nancy Martinez is the director of public policy for trade for the National Corn Growers Association. The Agricultural Coalition for the United-States-Mexico-Canada Agreement recently held a press conference to release a study pointing to the importance of the United States-Mexico-Canada Agreement. (Joel Heitkamp is a talk show host on the Mighty 790 KFGO in Fargo-Moorhead. His award-winning program, “News & Views,” can be heard weekdays from 8 – 11 a.m. Follow Joel on X/Twitter @JoelKFGO.)See omnystudio.com/listener for privacy information.
It's been a rough year for Nebraska row crop producers, with low corn prices and China's refusal to buy soybeans leaving many producers in the red, despite relatively high yields. But speaking in York Wednesday, Under Secretary for Trade and Foreign Agricultural Affairs said there are big wins on the horizon for American agriculture. Lindberg attended a roundtable with ag producers on the United States-Mexico-Canada Agreement, ahead of a joint review on the agreement scheduled for next summer. Lindberg says the review process includes three steps – looking to get a better deal, putting buyers and sellers in the same room and ensuring that foreign governments are living up to their commitments.
It's been a rough year for Nebraska row crop producers, with low corn prices and China's refusal to buy soybeans leaving many producers in the red, despite relatively high yields. But speaking in York Wednesday, Under Secretary for Trade and Foreign Agricultural Affairs said there are big wins on the horizon for American agriculture. Lindberg attended a roundtable with ag producers on the United States-Mexico-Canada Agreement, ahead of a joint review on the agreement scheduled for next summer. Lindberg says the review process includes three steps – looking to get a better deal, putting buyers and sellers in the same room and ensuring that foreign governments are living up to their commitments.
Roy L Hales/ Cortes Currents - Around 100 people signed up for the Rural Islands Economic Partnership 2025 Virtual Forum. At least 10 were from Cortes Island and there were others from Quadra, Texada, Hornby, Denman, Cormorant, Malcolm and the Gulf Islands, as well as the Broughton Archipelago. Several of the topics were of great importance to islanders. One of the foremost was Aaron Cruikshank's analysis of the impact US tariffs will have on island economies and what we can do about it. Cruikshank is the founder of CTRS, a Market intelligence company from the Lower Mainland that has worked with hundreds of organizations and governments over the past 20 years. He began his analysis of President Trump's actions by stating, “People are really focused on the tariffs, but the message I want to leave with everybody is it's actually trade policy uncertainty disrupting economic patterns. It creates volatility in global markets. It leads to reduced investment, supply chain disruptions, and a contraction in economic activity which hurts everybody. I don't care where you are in Canada, all of that is bad news, but I wanted to make clear that tariffs are just one example of something that contributes to trade policy uncertainty. We're seeing others, and we'll continue to see others that are going to make these numbers rise.” He put up a chart showing the relative uncertainty that Trump and some of the previous U. S. presidents have created in international trade markets. Aaron Cruikshank: “This chart goes back to 1960 and the index is based on the impact of policies. You see the baseline jumping up from 25 points to 100 points under Nixon and Ford, that was considered a very big deal in the 60s and 70s. Then in the 80s and 90s you had some spikes with Reagan and Bush. I believe the one with Reagan, or maybe it was Bush Sr., was to do with NAFTA.” “If you look at these spikes that are happening during the first Trump presidency, where we're getting into the 250 range. Very, very, very significant trade uncertainty policy. Then the most recent hockey stick growth there is just in the last couple of months where we're getting up into the 450, 500 range. We're talking more than an order of magnitude above baseline for trade policy uncertainty. We also are hearing talk of President Trump or as I call him, ‘the orange turd,' wanting to renegotiate the United States–Mexico–Canada Agreement, what some people refer to as NAFTA 2.0. That uncertainty makes people freak out. Threatening to withdraw from certain trade agreements makes the chart do this. Putting export controls on specific technologies or goods, that makes the chart do this, saying the US is only going to allow X amount of this good.” “That affects countries like Canada a lot because we end up exporting a lot of raw materials into the US: lumber, oil, metals, minerals, things like that. We supply 80 percent of the US potash, which is used for fertilizer to grow their food. So, they might be putting import caps on things like that. That makes markets go “woo.'”
In this episode of Five Questions, Five Answers, Birgit Matthiesen and Ryan Greer of the Canadian Manufacturers and Exporters (CME) discuss the current challenges facing Canadian manufacturers due to impending US tariffs and the broader implications for the bilateral trade relationship. Ryan emphasizes the interconnectedness of Canadian and US manufacturing sectors and the potential negative impacts of tariffs on both sides of the border. He also provides insight into a possible retaliation strategy by Ottawa and shares his views on the future of North American manufacturing. Takeaways US tariffs pose significant challenges for Canadian manufacturers and their US customers. Retaliation strategies are being considered by the Canadian government. The United States-Mexico-Canada Agreement remains vital for trade relations between Canada and the United States. Past the imposition of tariffs, reducing regulatory burdens is essential for competitiveness. The future of manufacturing is uncertain but requires deeper integration. Lesson to emerge is that crisis can lead to opportunities for the NA manufacturing sector.
Stocks rose on Wednesday, staging a recovery rally after back-to-back losses as investors hoped that an exemption for automakers to President Donald Trump's controversial tariffs opened the floodgates for more concessions.The Dow Jones Industrial Average rebounded by 485.60 points, or 1.14%, to finish at 43,006.59, regaining ground after plunging more than 1,300 points over the last two sessions. The S&P 500 added 1.12% to 5,842.63, while the Nasdaq Composite climbed 1.46% to 18,552.73. Stocks took a leg up after the White House said it granted a one-month delay for tariffs on automakers whose cars comply with the United States-Mexico-Canada Agreement.SPI up 17 - Gold steady - Oil falls againWant to invest with Marcus Today? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services. Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.
This podcast comes on the heels of a whirlwind weekend of tariff headlines from Washington, DC, and reactions around the globe. It begins with news of the tariff “reprieve” for imports from Canada and Mexico and quickly turns to the impact of such tariffs on the North American vehicle and vehicle parts industries. President and CEO of Global Automakers Canada David Adams joins Birgit to take stock of what has been (officially) announced and what lies ahead from Ottawa, Washington, and Mexico City. Listeners are encouraged to check out ArentFox Schiff's Trump Tariffs 2.0: The Tariff Tracker and our latest alert, Trump Tariff Headlines – From Talk to Action. Takeaways The recent tariff announcements have created significant uncertainty in the vehicle and parts sector and industry leaders should be in full contingency planning mode. The automotive industry in North America is highly integrated, complicating the impact of tariffs and tariff retaliation. The United States-Mexico-Canada Agreement has historically benefited all three countries involved and its scheduled six-year “review” in 2026 looms over these tariff announcements. What do these tariffs portend? Bottom line — executives are looking for options and they need to understand their tariff exposure. The month ahead gives executives and industry leaders time to self-assess and seek expert insight, well before the “11th hour.”
On this episode of the SeventySix Capital Sports Leadership Show, Wayne Kimmel interviewed the President and CEO of the American Gaming Association, Bill Miller. Miller is the President and CEO of the American Gaming Association (AGA), which represents the $329 billion U.S. casino industry. Since joining the AGA in 2019, Miller has elevated the association's influence in Washington, advanced key industry priorities, and deepened member engagement. In 2019, the American Gaming Association (AGA) launched the "Have A Game Plan" campaign to educate sports fans about the principles of responsible sports betting. This campaign emphasizes key guidelines, including setting a budget and adhering to it, keeping betting a social activity, understanding the odds, and placing bets with trusted, regulated operators. In 2021, SeventySix Capital became the first investment firm to join the initiative. Most notably, under Miller's leadership, the AGA navigated the gaming industry through the COVID-19 pandemic. He led the advocacy effort that united AGA members and the broader gaming industry, secured unprecedented federal relief and created a favorable policy landscape for gaming's remarkable recovery. He has advanced efforts to strengthen the gaming industry's commitment to responsibility, build a sustainable legal sports betting market, accelerate casino payments modernization, diminish the illegal gambling market, and initiate industry-wide efforts on workforce development and sustainability. Miller has also reinvigorated the Global Gaming Expo, the gaming industry's premier tradeshow. Miller has more than three decades of experience on Capitol Hill and representing business interests in Washington, D.C. Prior to joining the AGA, Miller served as the top lobbyist at Business Roundtable, the association of chief executive officers of America's leading companies. During his tenure, he led consequential lobbying efforts to pass the landmark 2017 tax reform legislation and usher in the United States-Mexico-Canada Agreement. Miller also spent time as a partner at international corporate communications firm Brunswick, providing strategic counsel to several U.S. and international corporations. At the U.S. Chamber of Commerce, Miller served as senior vice president and national political director. Miller drove the Chamber's political affairs and federal lobbying efforts for more than a decade, where he created a favorable policy environment for the U.S. business community to thrive. Early in his career, Miller served as chief of staff and campaign manager for Representative Constance A. Morella (MD-8), overseeing the Congresswoman's legislative and political agenda. Miller is recognized as an influential leader in Washington, including being named to Washingtonian magazine's Most Influential People List (2021, 2022, 2023 and 2024) and The Hill's Top Lobbyists (2019, 2020, 2021, 2022, 2023 and 2024). Miller is a member of the U.S. Chamber of Commerce's C100, and he also sits on the Editorial Advisory Board of Global Gaming Business and iGB Executive. He currently serves as a member of the Board of Governors for Ford's Theater, and he also sits on the Boards of Directors for the International Center for Responsible Gaming, Public Affairs Council, U.S. Travel Association, and the National Alliance to End Homelessness, where he chairs its Finance Committee. Miller earned a B.A. degree from the University of Maryland and J.D. from American University Washington College of Law. He resides in Washington, D.C. with his two sons. Bill Miller: LinkedIn: https://www.linkedin.com/in/williamcmiller/ X: https://x.com/BillMillerAGA
The United States has prevailed in a trade dispute with Mexico under the United States-Mexico-Canada Agreement, or USMCA.
In this episode of Passing Judgment, we delve into the legal complexities of President-Elect Trump's proposed tariffs. Jessica Levinson explores how power over foreign commerce has shifted from Congress to the President, highlighting key laws like the Reciprocal Trade Agreements Act of 1934 and the Trade Act of 1974. The episode also covers President Biden's controversial pardon of his son, Hunter Biden, examining the constitutional power of presidential pardons, historical precedents, and political implications. Here are three key takeaways you don't want to miss:1️⃣ Congressional Abdication of Trade Powers: Jessica Levinson points out that Congress has gradually ceded its constitutional authority to regulate foreign commerce to the executive branch over the past century. 2️⃣ Legal Hurdles for Trump's Proposed Tariffs: Despite President-elect Trump's promises to impose sweeping tariffs on countries like Mexico, Canada, and China, there are significant legal and procedural hurdles to clear. These include mandatory investigations by the Department of Commerce, and potential court challenges under doctrines like the major questions doctrine and nondelegation doctrine.3️⃣ Presidential Pardons and Political Implications: The episode delves into President Biden's pardon of his son, Hunter Biden, explaining the broad and exclusive presidential power to grant pardons for federal crimes. Resources Mentioned:Jessica's MSNBC articleFollow Our Host: @LevinsonJessica
The stakes are high south of the border as U.S. voters go to the polls on Tuesday to elect a new president, but lost in all the hype and hot air is how a Trump administration could have dire impacts on Canada's automotive sector. David Booth has done the research and crunched the numbers and discovered some existential threats to our domestic industry, one of which we have no remedy for. David has been burning the midnight oil this week researching such diverse subjects as the 60-year-old Canada-US Auto Pact, the United States Mexico Canada Agreement, the Inflation Reduction Act, Trump's proposed car loan deductibility and why the hell is Elon Musk cozying up to Trump? As always, it's a rollicking discussion covering issues you probably haven't even heard about, but are serious enough to have even David fearing what might be to come.
In the last month, the Ten Across Conversations podcast has explored a variety of influences on modern U.S.-Mexico relations, including a lack of cooperation on immigration policy, climate change impacts on transboundary water-sharing and the outsized role Mexico plays in the recent revitalization of North American manufacturing. For the final episode of this limited series on the border, we'll examine major political considerations as both nations prepare to transition presidential administrations and then to renegotiate the critical United States-Mexico-Canada Agreement in 2026. This conversation draws on the perspective of Tony Payan, executive director of Rice University's Baker Institute Center for the U.S. and Mexico. The Center publishes an annual Mexico Country Outlook report that provides insights for business leaders, policymakers and the public with regard to the state of affairs within the country and how these trends may impact its relationship with the U.S. Their 2024 Outlook, published in January, anticipated many challenges within Mexico's democracy, infrastructure and energy security, but also significant economic opportunity as the U.S. evolves its own industrial policy in support of nearshoring its supply chain. Ten Across founder Duke Reiter discusses these implications with Tony Payan, paying particular attention to policy changes anticipated with Mexican President Claudia Sheinbaum's recent election and the implications for the current U.S. presidential candidates' respective platforms. Relevant links and resources: The Baker Institute's Mexico Country Outlook 2024 Border Series Episode 1: “Why U.S. Immigration Reform is Critical to Our Future with Dr. David Shirk” Border Series Episode 2: “Climate-Induced Drought Tests U.S.-Mexico Water-Sharing” Border Series Episode 3: “Perspectives From a Binational Trade and Economic Development Hub”
Culture, finances and people have always moved with fluidity across boundaries within the binational, three-state metropolitan region known as ‘the Borderplex.' Together, Las Cruces, El Paso, and Ciudad Juarez are an economic powerhouse with a combined population of 2.7 million and the largest bilingual and binational workforce in the Western Hemisphere. After the North American Free Trade Agreement was reached in 1994, Borderplex assets—including its urbanization and industrialization—exploded for decades. The United States-Mexico-Canada Agreement updated NAFTA commitments in 2018, realigining regional trade in a way that paid off as COVID-19 brought volatility to global commerce for years to come. With instabilities persisting today in the Middle East, Eastern Europe and Asia, the appeal of an international supply chain physically closer to U.S. markets has only grown. Connected to the greater U.S. by Interstates 10 and 25, The Borderplex is a growing arterial for international trade and is further optimized by collaborative economic planning between leaders in all three of its cities. As a result of all of these and other factors, last year, Mexico surpassed China as the top importer to the U.S.-- a position China had held since 2009. The Hunt Institute for Global Competitiveness at the University of Texas at El Paso and The Borderplex Alliance are two prominent organizations supporting the assets and relationships that make The Borderplex so critical to the U.S. They each provide expert analysis and guidance to companies and individuals interested in engaging this regional binational economic hub. In this episode, Jon Barela, CEO of the Borderplex Alliance, and Mayra Maldonado, executive director of the Hunt Institute, offer their perspectives on these exchanges and what it means to be a binational region within the current political climate. Fact check of today's interview: In this interview, a guest refers to El Paso, Texas, as the second safest city in the US with a population of half a million or more. Although this distinction appears to have been given in 2017 and is not the city's current ranking, El Paso consistently ranks as one of the safer cities in the US for its population size. Relevant links and resources: Episode one of the series: “10X Border Series: Why U.S. Immigration Reform is Critical to Our Future with Dr. David Shirk” Episode two of the series: “10X Border Series: Climate-Induced Drought Tests U.S.-Mexico Water-Sharing” “The Transformative Power of Reduced Wait Times at the US-Mexico Border” (joint report between the Hunt Institute, Atlantic Council and El Colegio de la Frontera Norte) Hunt Institute's overview of the Paso del Norte Region
Our Chief Latin American Equity Strategist explains how potential changes in Mexico's regulatory approach could have implications for the country's equity markets.----- Transcript -----Welcome to Thoughts on the Market. I'm Nikolaj Lippmann, Morgan Stanley's Chief Latin American Equity Strategist. Today I'll talk about Mexico's recent judicial reform and its potential impact on equities market.It's Friday, September 20, at 10am in Mexico City.Mexico has made significant changes to its judicial system. After winning two-thirds majority in both houses – enough to allow for constitutional changes – Mexico policymakers have embarked on a robust reform agenda. Their first stop is a comprehensive reform of the judicial branch, which aims at replacing roughly 2,000 senior judges including the entire Supreme Court. New judges will no longer be appointed but will now be elected by popular vote. This is practically unprecedented in a global context, and while the executive branch might still try to filter future candidates, this new system will likely create a real risk to checks and balances on the judicial branch as well as to expertise and procedure. Additional reforms, including the elimination of independent regulatory bodies, would likely compound these risks. The judicial reform could have a material impact on Mexican equities. So much so, that we think Mexico goes from being an investor favorite to a ‘show me' story where investors are less likely to give the market the benefit of the doubt. This is likely to result in a derailing or lower set of multiples being paid by investors in Mexican equities or higher risk premium required to invest. Essentially, the judicial reforms could add fiscal, labor and concession/regulatory risk for Mexican companies, even though Mexico has deep manufacturing ecosystems, and has been well-positioned from the transition to [a] multipolar world. Just to give you a sense. Mexico has already sailed past China in terms of manufacturing exports to the United States, and are now approaching the levels of the entire European Union in terms of manufacturing export to the US. These new reforms will raise significant investor concerns, so much so that we've downgraded Mexican equities to underweight, a second downgrade since June. Mexican equities have sold off roughly 20 per cent in the past three months, in dollar terms. And we think the judicial reform may contribute to further decline. All in, we see significantly greater potential for negative outcomes than positive outcomes going forward.Looking ahead, we see three key challenges for Mexico: First, the new judicial structure would raise concerns about the independence of the judicial branch. Second, the United States-Mexico-Canada Agreement, the USMCA, is up for review in 2026, and Mexico's judicial reform could mean a much deeper revision. Mexico has committed to maintaining independent regulatory bodies for a number of areas, such as telecom, electricity, in competition. The judicial reform could complicate this commitment. Electricity is a key challenge for Mexico, and it requires immediate investments. Our nearshoring investment thesis stands, but the electricity-related challenges are becoming more pronounced, and they won't be helped by investor concerns around the judicial reform. So all in, some businesses will be at greater risk from these developments. We expect technology, digitalization, real estate companies to be at the least level of risk, or the lowest level of risk. Domestic concessions could be at more risk. We will continue to bring you relevant updates as Mexico reforms unfold. Thank you for listening. If you enjoy Thoughts on the Market, please take a moment to rate and review us wherever you listen. It helps more people find the show.
BROWNSVILLE, Texas - If elected president for a second time, former President Donald Trump says he will impose tariffs on automobiles manufactured in Mexico. Trump made the announcement in the presidential debate in Philadelphia on Tuesday evening. “They're building big auto plants in Mexico, in many cases owned by China. They're building these massive plants, and they think they're going to sell their cars into the United States because of these people (Biden Administration),” Trump said. “What they have given to China is unbelievable, but we're not going to let that. We'll put tariffs in those cars so they can't come into our country, because they will kill the United Auto Workers and any auto worker, whether it's in Detroit or South Carolina or any other place. What they (Democrats) have done to business and manufacturing in this country is horrible.” Democratic Party nominee Kamala Harris pushed back in the debate. She said the Biden Administration has created over 800,000 new manufacturing jobs. “Donald Trump said he was going to create manufacturing jobs. He lost manufacturing jobs. And I'm also proud to have the endorsement of the United Auto Workers,” Harris said. “(They) know that part of building a clean energy economy includes investing in American made products, American automobiles. It includes growing what we can do around American manufacturing and opening up auto plants, not closing them, like happened under Donald Trump.” Imposing tariffs on cars built in Mexico would fall foul of the United States-Mexico-Canada Agreement, a free trade agreement then-President Trump supported as a successor to the North America Free Trade Agreement. ABC's debate moderator, David Muir pointed out that many economists have criticized Trump's tariff plans, saying the increased costs of the goods would be passed on to U.S. consumers. Harris agreed. “My opponent has a plan that I call the Trump Sales Tax, which would be a 20 percent tax on everyday goods that you rely on to get through the month,” Harris said. “Economists have said that the Trump Sales Tax would actually result for middle class families in about $4,000 more a year.” Trump defended his proposals. He said the tariffs would be paid by the countries that the companies importing into the U.S. come from, not U.S. consumers. “I have no sales tax. That is an incorrect statement. She knows that. We are (going to do) tariffs on other countries. They are finely, after 75 years, pay us back for all that we have done for the world. And the tariff will be substantial in some cases.” Go to www.riograndeguardian.com to read the latest border news stories and watch the latest news videos.
MCALLEN, Texas - Adrian Villarreal, president and CEO of IBC Bank-McAllen, says the North American Free Trade Agreement - now known as the United States-Mexico-Canada Agreement - has transformed Deep South Texas. Villarreal spoke about his bank's heavy involvement in NAFTA and USMCA while participating in a bankers panel at the City of McAllen's recent 2024 MxLAN International Economic Summit. The discussion was titled “Future of Banking.” In his remarks, Villarreal pointed out that IBC Bank has been around for about 58 years. “We were organized, founded, born here, as a Deep South Texas institution. And so having that type of profile, it's always been very important for us to be champions of economic development here in this area,” Villarreal said. Villarreal said that when he first started at IBC Bank, in the early 1990s, NAFTA was being born. “I remember that there was this sort of electricity in the bank. There were trips being made to Washington, DC. There were executives from the bank that were participating in think tanks, in business committees and councils to give feedback on that original NAFTA agreement. And we're very much engaged in that.” Villarreal continued: “As we know today, when NAFTA first came around, it really transformed this area. I remember back, growing up and we had double digit unemployment numbers. Today, here in the city of McAllen, I believe it's about four to four and a half percent. Incredible progress.” Villarreal said IBC Bank played a key role in fashioning USMCA, just as it did NAFTA. “Even in this last update, to turn NAFTA into USMCA, we were invited to participate, to be part of the think tanks around that.” Villarreal said he remembers talking to the head of IBC's international department (Gerry Schwebel) about the USMCA negotiations. “At the very beginning of those negotiations, he was saying that the table was kind of pretty much empty. It was him, a bunch of policy makers and politicians involved. And then, as the agreement was coming towards an end, everybody showed up. Big Corporate America, big multinational banks, transportation companies, the automobile industry. Obviously, the table was full.” Villarreal said he remembers Schwebel telling him a particular story about the USMCA negotiations. “I remember him telling me a story that, around the table they were kind of looking at him and saying who are you? And it really wasn't a question about how did you sneak into this table? What it really was about is, how do you know so much? I think the reason why is because we take a deep commitment and being a champion of this area, being involved in this area and promoting economic activities that make a real difference.” He continued: “Now, when you look at us transforming from an agricultural society to a trade society, now becoming a medical hub, and the growth in institutions down here, it really kind of started with NAFTA opening that floodgate.” Villarreal added: “And so we take that responsibility very seriously, of being, just as all my peers here want to be, really good corporate citizens. And I think, overall, that engagement and being able to provide economic opportunity for everybody, I think that's one of the things that I've been the most proud about in terms of IBC Bank.”Editor's Note: Here is an audio recording of the bankers panel at the 20214 MXLAN International Economic Summit. To read the full story go to the Rio Grande Guardian International News Service's website.To read the new stories and watch the news videos of the Rio Grande Guardian International News Service go to www.riograndeguardian.com.
LAREDO, Texas - The Port of Laredo was the busiest port - be it maritime, air, or land - in the United States in 2023, according to the U.S. Census Bureau.The value of imports and exports passing through Laredo in 2023 topped $300 billion, a record for the port.The news was not a surprise to Gene Lindgren, president and CEO of Laredo Economic Development Corporation. The Rio Grande Guardian International News Service interviewed him a month or so back and he was fully expecting his city to be named No. 1.“We're waiting on the edge of our seats for the entire 2023 numbers to be official and published, and we'll probably see those around February 11, as reported by the US Census Bureau,” Lindgren told the Guardian.“Then those numbers will probably be repeated in a more user-friendly fashion through a media think-tank called World City. But I highly anticipate that we're going to be in the neighborhood of ending the year with total import and export values passing through Port Laredo at $320 billion.”Lindgren said that through November, 2023, the value of imports and exports at the Laredo port stood at $296 billion. “It is not unheard of to have $24 billion in December. So that would be an increase from 2022 to $298.5 billion.” Lindgren said that while global trade was down about four percent, Laredo's trade was up almost eight percent.Lindgren was asked if the growth in Laredo is due to the impact of the United States-Mexico-Canada Agreement.“Well, USMCA is, as you know, the new and improved version of NAFTA, which is celebrating its 30th year this year. It was ratified in 1994 and it has completely changed the landscape of manufacturing in North America, in the supply chain between Mexico, the United States and even Canada,” Lindgren said.“And so it's USMCA and then, post pandemic, it is near-shoring, ally-shoring, re-shoring, all of the above.”Lindgren continued: “International manufacturing companies have re-evaluated their footprint since the pandemic recovery. These footprint moves take years to evaluate and implement and get into production. We're now seeing that happen. So, it's the industrial boom in Monterrey and Saltillo and Torreón in northern Mexico and even southern Mexico.”Lindgren said Laredo is benefiting from industrial activity in the interior of Mexico also.“The automotive market is starting to recover from its chip shortage, and so the automotive plants in Puebla and Guadalajara and Toluca, and more in mid- and southern Mexico… we (Laredo) are in that perfect place.”Lindgren asked the rhetorical question, how does all that industrial activity in Mexico help the United States. He answered his own question. “Studies have shown that 40 percent of the raw material for the maquiladora plants still come from the United States. So it helps North America, it helps Mexico and it helps the United States and it even helps Canada,” Lindgren said.“The more competitive that we can be as a continent, as a region, under USMCA, the more manufacturing we can do within North America, the less and less dependent we have to be on China. And that contributes to national defense as well.”In his interview with the Guardian, Lindgren also spoke about positive national and international news coverage for Laredo, including in Spain, planned improvements to his city's international bridges, development of the city's airport, and the likely impact of the Tesla gigafactory in Monterrey.Here is an audio recording of the interview.To read the new stories and watch the news videos of the Rio Grande Guardian International News Service go to www.riograndeguardian.com.
From Mexico to the Middle East, people around the world enjoy dairy products exported from the U.S. In the latest episode of The Dairy Download, we speak with Alexis Taylor, USDA under secretary for trade and foreign affairs, about her role in keeping the U.S. a go-to for international dairy business.In an in-depth interview, Under Secretary Taylor tells our hosts more about the current global trade landscape. How are U.S. officials working to rectify issues with the United States-Mexico-Canada Agreement? What steps are being taken to establish stronger trade ties with India? And what can we expect from the Biden Administration in the coming months when it comes to trade policy?We discuss those topics and more.The episode is sponsored by Infor. "Infor provides dairy-specific cloud software that addresses catch weight, formula management, regulatory compliance, and delivery forecasting with full supply chain traceability. Find out how at infor.com/dairy"If your company is interested in sponsoring a block of episodes of The Dairy Download, contact IDFA's Melissa Lembke at mlembke@idfa.org.Questions or comments about the show? We want to hear from you. Send a note to dairydownload@idfa.org and your feedback could be included on a future episode.
The U.S. is putting together a second dispute settlement panel under the United States – Mexico – Canada Agreement. The panel will challenge Canada's tariff-rate quotas and failure to follow the USMCA. These quotas allow Canada to impose higher tariffs on imports over a certain quantity. The U.S. argues it unfairly blocks key export opportunities for farmers and processors. Even though the U.S. won a previous dispute over this problem, the Canadian government has not fixed the problem. U.S. Sen. Tammy Baldwin says dairy farmers and cheesemakers rely on fair trade practices to grow their businesses and remain competitive on an international stage. "I applaud Ambassador Tai for standing up to enforce the USMCA," she says. "I look forward to resolving this dispute with Canada as soon as possible to restore stability and fairness in the marketplace for Wisconsin's dairy producers.”See omnystudio.com/listener for privacy information.
Leslie will be joined by Tom Conway, President of the United Steelworkers (USW), North America's largest industrial union. They're 1.2 million members and retirees strong in the United States, Canada and the Caribbean. They proudly represent men and women who work in nearly every industry there is. The two will have a broad conversation about how national security requires sound trade policy. Here are the subtopics that they'll be covering during the interview: Manufacturing in key sectors like steel and aluminum underpins national security, providing vital resources for our military and helping the nation meet its critical infrastructure needs. Section 232s have been an essential part of this since 2018. While there have been some modifications in relations to trading partners like the European Union and the United Kingdom, these measures remain an essential part in ensuring the U.S. can protect itself and rebuild its infrastructure. Facing global overcapacity, largely driven by China's unfair trade practices, 232 relief measures worked –and are continuing to work – as intended. - In steel, they improved industry conditions, spurred investments, and directly created thousands of new jobs. - They also allowed for needed capital investments so that U.S. steelmakers can continue to produce some of the best, cleanest steel in the world. - And domestic steel is underpinning the massive infrastructure upgrades we're making in communities across the country thanks to President Biden's vision and leadership. This is why a recent ruling by the World Trade Organization (WTO) was not only deeply flawed, but also dangerous. A recent decision by the dispute panel of the United States-Mexico-Canada Agreement, (USMCA), raises similar concerns about overreach. - The WTO has no standing to interfere with national security, and its attempt to do so undermines the credibility of the entire organization. - Allowing China to join the WTO, more than 20 years ago, was a mistake that has allowed the Chinese Communist Party (CCP) to leverage its position and continue its predatory practices. - Overcapacity, dumping, and illegal subsidies remain urgent concerns – which the WTO again made clear it is not equipped to address. - Until we have a broader reform of our trade system, we must instead rely on the tools we have at our disposal like filing trade cases and keeping the 232 relief measures in place. The Russian invasion of Ukraine also reinforced how critical trade is to national security. - The U.S. aluminum industry was already struggling, and then last year Century Aluminum Company idled its smelter in Hawesville, Ky.. They were the last domestic producer of commercial quantities of military-grade aluminum remaining after decades of foreign competition undercut the U.S. industry. - Energy prices caused by the war are also hurting European Aluminum producers, leaving markets open to Russian exports. - Sanctions on Russian aluminum will be a critical part of keeping not only the U.S. but the whole world safe, as will bringing new smelting capacity online. As we look to the future, domestic production and sound trade policy will be essential in another aspect of our national security: meeting our energy needs. - There is tremendous potential in areas like offshore wind, and the Biden administration is working to build out our domestic industry and secure the supply chain this industry will need to be successful. - Europe has a significant lead. - And China is ramping up production. Chinese producers are currently able to produce relatively inexpensive products because they can rely on the country's overcapacity in steel, dominance in rare earths, and control over the supply chain, setting up a “race to the bottom.” - So the U.S. needs to act quickly. The previous administration made it clear that we cannot exist in a vacuum when it comes to trade, that we need careful coordination with trusted partners. This is why it is crucial that we're deliberate in our work in the Indo-Pacific region. - The administration's Indo-Pacific Economic Framework contains important priorities, including strong labor and environmental standards. - However, it's essential that the agreement adheres to worker-centered values, and that the U.S. selects only partners who are serious about realizing these goals, and intend to meet its terms. - Only then will this new chapter make our trade policy sounder – and our nation safer. The website for the United Steelworkers is www.USW.org. Their handle on Twitter and Instagram is @steelworkers.
In this episode of CEO Perspectives, The Conference Board President and CEO Steve Odland sits down with Dr. Lori Esposito Murray, President of the Committee for Economic Development, the public policy center of The Conference Board. They explore the successes and failures of the United States-Mexico-Canada Agreement, or USMCA, which replaced NAFTA in 2020. Tune in to find out: What opportunities exist to leverage USMCA to meet supply chain challenges? Could the three countries become energy independent? Has the agreement been successful, politics aside?
Host Jeff Plumblee interviews Bernd Brandstaetter, Director of Project Management at IFA. Bernd shares his career highlights and what he loves about project management. He acknowledges it takes a thick skin. Bernd discusses the impact of the USMCA on supply chains, including the requirement of 75% local sourcing of steel. Jeff and Bernd note the setbacks caused in the supply chain by the COVID-19 pandemic. Another topic is setting the right balance with automation. Bernd shares the KPIs of project management and concludes that a part of project management is managing himself.Listen in for the inside scoop of life as an automotive supplier. Key Takeaways: As Director of Project Management at IFA, Bernd is responsible for all new product launches in Germany, the U.S., Poland, and China. Bernd lists previous positions he has held. Berndt discusses stable supply chains, OEM, Tier 1 and Tier 2 suppliers, and going to the cheapest supplier in low-cost countries. How has the United-States–Mexico–Canada Agreement affected supply chains? It all depends on finding strategic suppliers including 75% local sourcing requirements. In Bernd's current projects, he has 50 to 80% of suppliers out of the U.S. Besides suppliers, labor costs have a great impact. COVID-19 introduced severe supply chain problems. Supplies were delayed. Products were delayed. Prices skyrocketed. Cutting back on our needs will help in the long run. Establish trust within your supply chain. Automation is key to becoming cost-competitive. Automation requires investment. With automation you need to have constant production or the fixed costs will kill you over time. You need trained people to maintain it. Project management software accounts for all aspects of the project and tracks KPIs. For Bernd, the KPIs are supply, quality, costs, delivery, and motivation. Bernd explains the areas where smaller companies can beat out the big players. Brought to you by Moovila — Autonomous Project Management Website: Moovila.com/thisprojectlife Email: thisprojectlife@moovila.comResources: Moovila.com Bernd Brandstaetter IFA Rotorion OEM Supply Chain
Chris Martin, Professor of Digital Journalism at University of Northern Iowa and a contributing write to Working Class Perspectives, joined the America's Work Force Union Podcast and discussed one of his recent blogs, which explored the impact of unfettered global trade on American manufacturing. United Steelworkers International Affairs Director Benjamin Davis was today's second guest and he discussed the potential impact of the Rapid-Response Labor Mechanism under the United States-Mexico-Canada Agreement and how it could empower union organizing in Mexico.
MISSION, Texas - The Rio Grande Valley Partnership recently held and event titled “87th Legislative Session Wrap-Up - Impact to the Business Community.”The event was held at the Mission Event Center and featured presentations from two Valley VIPs and two experts on legislative affairs from Austin. The two Valley VIPs were state Rep. Terry Canales of Edinburg, and Veronica Gonzales, senior vice president for government and community relations at UT-Rio Grande Valley. The two experts from Austin were Glenn Hamer, president and CEO of the Texas Association of Business, and Lee Parsley, general counsel for Texans for Lawsuit Reform. Hamer previously spent 14 years as CEO of the Arizona Chamber of Commerce & Industry. According to this association, Hamer was a nationwide leader in the business community's advocacy for the passage of the United States-Mexico-Canada Agreement, the successor agreement to NAFTA. Hamer has also served as chief of staff to Arizona Congressman Matt Salmon, executive director of the Arizona Republican Party, legislative assistant to Sen. Jon Kyl, and executive director of the Solar Energy Industries Association. He is a Graduate of Cornell University and Arizona State University's College of Law.“Mr. Hamer's leadership on international issues makes him a sought-after participant in international trade missions,” the TAB states. Here is a podcast featuring the remarks of Hamer at the RGVP event.
We have an important podcast this week as we host a discussion about government trade policy with Bill Jackson, Assistant U.S. Trade Representative for Textiles . He has worked in government for many years, and is a leading expert of textile trade policy having worked on agreements such as the USMCA (the United-States-Mexico-Canada Agreement), the successor to NAFTA, and AGOA (the African Growth & Opportunity Act). Mr. Jackson has also worked at the State Department as a Foreign Service Officer. During our fascinating discussion with Mr. Jackson, we covered a range of policy issues including the functioning of the USMCA, the importance of rules of origin in support of such agreements, and government policy regarding forced labor. Further, we discussed government policy regarding supply chain and port bottlenecks that have plagued the apparel industry since the outbreak of Covid-19. We also discussed near-shoring, and the prospects for the textile and apparel industries in the future. Hosted by Jennifer Crumpler, Fiber Development Manager and Manager of the e3 Sustainable Cotton Program from BASF, and interviewed by industry consultant Bob Antoshak.
Last week, Mexico became the first country to ratify the United States-Mexico-Canada Agreement , or USMCA. Canada is expected to follow suit in short course. In The United States, however, not all American lawmakers are convinced the USMCA would be a better deal than the North American Free Trade Agreement, or NAFTA. Democrats have threatened to block it , and a few key Republicans are withholding support unless the administration makes some concessions on tariffs.
President Trump is big on tariffs, and trade has been one of the hallmark issues of his administration. In this episode, Daniel LaCalle, world renowned economist, breaks down trade on the North American continent. From Trump's threat of tariffs on Mexico to the United States-Mexico-Canada Agreement, the USMCA, we cover it all. … More 53 – Trump, Trade, and North America with Daniel LaCalle
Keynes and Bown describe key elements of the United States-Mexico-Canada Agreement, or USMCA, announced on October 1, 2018. Beneath the spin, they analyze what the deal really does, including where new market access has been...
Keynes and Bown describe key elements of the United States-Mexico-Canada Agreement, or USMCA, announced on October 1, 2018. Beneath the spin, they analyze what the deal really does, including where new market access has been...
Alex is joined by Peter Clark, President of Grey, Clark, Shih and Associates, to take a deeper look into the new United States Mexico Canada Agreement and examine just how good of a deal it actually was for us here in the Great White North.
After 14 months of negotiations, Canada has reached a new trade agreement with the U-S and Mexico. The replacement to NAFTA is called the United States-Mexico-Canada Agreement -- or USMCA.Did we actually get a good deal?Guest: Marvin Ryder, Business Professor, DeGroote School of Business, McMaster University-We're now into the month of October and three weeks away from the municipal election. The defining issue in Hamilton seems to be LRT, but do you think there are other matters that need to be discussed if you're going to vote for a candidate? Scott opens up the phone lines to ask callers for their thoughts on LRT as an election issue and other things that matter ahead of the October 22nd election.-Scott is joined by Don Robertson of the Dundas Real McCoys for their usual Monday night sports chat. This week, they discuss frustrations with arena renovation delays and the Montreal Canadiens picking defenceman Shea Weber as their new captain.