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Vicente Fox: Big 3 Automakers 'Will Go Broke' If NAFTA Unravels
Tuesday, September 19, 2017 - 4:52pm | 1186The Big Three’s success hinges upon the North American Free Trade Agreement, former Mexican President Vicente Fox said during a Detroit appearance Monday. General Motors Company (NYSE: GM), Fiat Chrysler Automobiles NV (NYSE: FCAU) and Ford Motor Company (NYSE: F) “will go broke again...
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NAFTA Round 3: What US Tech Would Look Like Based On Indigenous Resources
Tuesday, September 19, 2017 - 8:51am | 524It seems there’s little the Trump Administration could do to surprise these days. So in the possibility that, in the third round of negotiations for the North American Free Trade Agreement this week, it withdraws from the treaty altogether, it may be worth considering what a self-sufficient...
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Trump's New NAFTA Negotiating Strategy Seeks Additional Restrictions On Free Trade
Tuesday, July 18, 2017 - 12:03pm | 440The administration of President Donald Trump has vowed to “seek a much better agreement” when it seeks to renegotiate the North American Free Trade Agreement with Canada and Mexico this August. Primarily, the administration wants to crack down on subsidized imports and reduce trade...
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Who Should Be Most Relieved By NAFTA Continuation?
Sunday, April 30, 2017 - 9:54pm | 705After a harrowing week of questioning the endurance of NAFTA, it seems that the trade deal’s greatest stakeholders can sigh in relief. President Donald Trump confirmed Thursday his willingness to continue work with Mexico and Canada to renegotiate the terms of the agreement. I received calls...
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Traders Show Fear As U.S. NAFTA Withdrawal May Be Near
Wednesday, April 26, 2017 - 12:55pm | 569The White House is reviewing a new draft executive order to withdraw the United States from NAFTA, according to a Politico report. S&P 500 futures fell six points after the report hit. The order, written by political strategist Steve Bannon and National Trade Council Director Peter Navarro, is...
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Commerce Secretary Ross Says The Mexican Peso Will Recover 'Quite A Lot'
Friday, March 3, 2017 - 11:51am | 351Wilbur Ross, billionaire investor turned Commerce Secretary in the Trump administration, was interviewed during Friday's segment of CNBC's "Squawk Box." Among one of the many topics of conversation was President Donald Trump's call to renegotiate the North American Trade Agreement. Ross said that...
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Kevin O'Leary Highlights The U.S.-Canada Trade Relationship
Friday, January 27, 2017 - 5:07pm | 344Kevin O'Leary is best known for being one of the "Shark Tank" investors but hopes to soon be known as the Prime Minister of Canada. O'Leary announced in early January he is running for the leadership of the Conservative party with the objective of defeating the current Liberal government run by...
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Kansas City Southern's Share Price At The Mercy Of NAFTA Battle Headlines
Monday, January 23, 2017 - 11:33am | 363“We were impressed by Kansas City Southern (NYSE: KSU)'s bravado on its Q4 earnings call as management maintained a business as usual attitude with regard to Mexico, including planned capital spending and optimism on auto growth,” Loop Capital’s Rick Paterson said in a note....
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Trump, NAFTA And Kansas City Southern Remain In A Mexican Standoff
Monday, January 16, 2017 - 1:50pm | 254Kansas City Southern (NYSE: KSU) investors should keep their expectations in check ahead of the company’s Q4 earnings report on February 20. In a new report, Loop Capital analyst Rick Paterson outlines a number of headwinds the railroad company is facing at the moment. According to...
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The Disconnect Between Canadian Pacific And The Street's Valuation; Loop Upgrades To Buy
Wednesday, January 4, 2017 - 11:52am | 286“Rather than try to guess what President-elect Trump will actually accomplish we will instead steer investors to Canadian Pacific Railway Limited (USA) (NYSE: CP) based on the usual high quality, good management, strong FCF arguments,” Loop Capital’s Rick Paterson said in a note....
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Trump Unafraid Of NAFTA Or Violating Tariffs
Wednesday, January 4, 2017 - 10:08am | 350President-elect Donald Trump threatened to slap a tariff on General Motors Company (NYSE: GM)'s cars that are made in Mexico but sold domestically. Trump is likely aware that this violates NAFTA agreements, yet he is unlikely to care nor be deterred from implementing his Made-in-America...
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Farms Remain A Question Mark Under A Trump Administration
Wednesday, December 21, 2016 - 3:37pm | 385Investors are still scrambling to best position themselves in 2017 under a new presidential administration. Meanwhile, one of the sectors that have perhaps fallen under the radar is the farming sector. Agriculture And Trump CNBC's Jane Wells took a look at what can be in store for farmers and farm...
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The 'Trump Effect' On Latin America, Explained
Monday, November 28, 2016 - 9:34am | 785“So far, we can only go by Trump’s campaign speech and a few ideas that his advisors have let become known,” Diego Martinez Burzaco, chief economist at the world’s leading Spanish-language financial analysis firm, Inversor Global – an Agora Inc. partner, told Benzinga...
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Commodities, Financials And Politics: LatAm's 'Increasingly Critical' Situation Explored
Friday, November 25, 2016 - 10:02am | 855“As of December of last year, we’ve seen a very large shift in expectations with Mauricio Macri’s victory [in Argentina], given that the third economy in the continent, trailing Brazil and Colombia, turned drastically from a populist, economic growth model to a more pro-liberal...
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What Is TPP, How Big Is The Trade And Who Benefits From It?
Wednesday, November 23, 2016 - 4:56pm | 615During the presidential campaign, President-elect Donald Trump made his dislike for the North American Free Trade Agreement, or NAFTA, very clear. “[NAFTA] was one of the worst things that ever happened to the manufacturing industry [...] the worst trade deal maybe ever signed anywhere,...