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The 'New NAFTA' Creates Certainty For Oil & Gas Investors
Thursday, October 4, 2018 - 11:14am | 884Negotiations for the United States - Mexico - Canada Agreement (USMCA) have been concluded, but the three countries still have to ratify the deal. The USMCA represents President Trump's effort to modernize the North American Free Trade Agreement (NAFTA) and includes important provisions that...
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October Economic Roundup
Tuesday, October 2, 2018 - 11:59am | 1867As part of our overall coverage of freight markets, FreightWaves publishes a summary of the changes in the economy over the past month, both in terms of the data releases and in developments in public policy. The Economic Roundup is designed to synthesize the events of the past month as they relate...
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NAFTA No More: The New North American Trade Deal, Explained
Monday, October 1, 2018 - 11:51am | 775U.S. stocks started off the week on a high note Monday after a trade deal between the U.S., Canada and Mexico was announced on Sunday evening. The deal is called the United States-Mexico-Canada Agreement, or USMCA, and would replace the former North American Free Trade Agreement, or NAFTA. The deal...
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Monday Focus: New NAFTA Deal, With Payrolls Report, Fed Speech, Auto Sales On Tap
Monday, October 1, 2018 - 10:37am | 1433Finally some good news on the trade front. A last-minute deal to revise the North American Free Trade Agreement (NAFTA) helped deliver a huge positive shock early Monday, at least judging from pre-market futures trading. This news might help improve sentiment, easing trade concerns that have...
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As Wall Street Awaits Main Earnings Season, Trade, Tesla Appear To Be In Focus
Friday, September 28, 2018 - 10:19am | 1323As the last trading day of the month and quarter gets up and running, there is little in the way of earnings to focus on and Wall Street seems to be focusing elsewhere. The United States and its northern neighbor have yet to reach an agreement on including Canada in a deal with Mexico that...
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As Emerging Markets Struggle, Two Countries Make Their Claim
Wednesday, September 12, 2018 - 11:22am | 718As tariffs, sanctions, and politics continue to coalesce into a shadow of uncertainty hanging overhead, the markets haven’t blinked—at least not the US markets. The S&P 500 Index is hovering around all-time highs, and the Q2 earnings season was a rousing success across the board....
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Triple Trade Truce Unlikely To Last, USD May Resume The Rally
Wednesday, September 12, 2018 - 9:26am | 718Markets are relatively calm as trade wars are moving to the backburner. China tariffs have not been implemented while EU-US and NAFTA talks have seen progress. Nothing is a done until everything is done and things could turn sour again. Optimism on Brexit negotiations has grabbed the headlines,...
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Canada Returns To NAFTA Negotiations With Firm Demands Of Its Own
Wednesday, September 5, 2018 - 11:41am | 415Canada, under the leadership of Prime Minister Justin Trudeau, returned to the NAFTA negotiating table last week. Talks remain ongoing with an uncertain outcome as President Donald Trump's administration is reportedly set on offering zero compromises. What Needs To Happen Next Canada and Mexico...
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Barron's Picks And Pans: Best Buy, Kansas City Southern, Salesforce And More
Sunday, September 2, 2018 - 9:31am | 682The cover story in this weekend's Barron's reviews what the sector overhaul could mean for the tech sector. Other featured articles examine the prospects for a railroad operator on the right track and a tech company trying out co-CEOs. Also, a specialty retailer gets no love and a food...
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North America's Auto Supply Chain Up In Air As Canada Wants In On 'Nafta 2.0'
Thursday, August 30, 2018 - 11:35am | 853Change in sourcing and labor rules borne by auto makers. Major car manufacturers are still sifting through how, where, and with what they will make their products amid a rejiggered North American Free Trade Agreement (NAFTA). Canadian Prime Minister said in a statement Monday that he "...
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After US, Mexico Reach Trade Deal, What's Next For Canada?
Tuesday, August 28, 2018 - 10:34am | 392The United States and Mexico finalized a trade agreement this week — a "positive development" for Canada, according to the Canadian American Business Council. What Happened Mexico's government made its position clear Monday that Canada needs to be at the negotiating table,...
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US Announces New Mexican Trade Agreement; Canada's Involvement Pending
Monday, August 27, 2018 - 12:54pm | 435After President Donald Trump threatened to withdraw from the North American Free Trade Agreement, a modified deal between the U.S. and Mexico has been reached, Trump said in remarks Monday in the Oval Office. What Happened Trump and Mexican Economy Minister Ildefonso Guajardo have been in...
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Height Securities Expects Rollback Of Solar Tariff Amid Global Challenges
Thursday, February 15, 2018 - 3:44pm | 463The international solar community is in an uproar over a hefty import tax the U.S. Customs and Border Protection agency enacted in January on crystalline silicon photovoltaic cells. The pushback might just change minds in Washington, D.C., according to Height Securities. “We continue to...
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Fiat Chrysler CEO Sergio Marchionne Talks Succession Plan, NAFTA, EVs
Monday, January 15, 2018 - 6:01pm | 1298There were no buzzwords during Fiat Chrysler Automobiles NV (NYSE: FCAU) CEO Sergio Marchionne’s segment of the North American International Auto Show. Marchionne refuses to pump FCA’s stock on predictions of electrification and autonomy, and he doesn’t hedge about FCA...
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You Don't Say? NAFTA Risks Linger For Mexico ETF
Tuesday, October 31, 2017 - 9:18am | 532Leading up to and immediately following the 2016 U.S. presidential election, the iShares MSCI Mexico Capped ETF (NYSE: EWW) was one of the worst-performing emerging markets single-country exchange-traded funds thanks in large part to harsh anti-immigration rhetoric from President Donald Trump....