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Asia-Pacific Nations Ink World's Biggest Trade Deal, And The U.S. Isn't Part Of It
Sunday, November 15, 2020 - 10:00am | 402Asia-Pacific nations signed the world's biggest trade deal on Sunday. What Happened: Fifteen nations signed the Regional Comprehensive Economic Partnership. They represent a third of the world's population and gross domestic product. The agreement took place at a summit held virtually amid...
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COVID-19 Leads To Spot Rate Hikes
Tuesday, May 19, 2020 - 11:18am | 994It may seem like the Paycheck Protection Program (PPP) just began. But for some early recipients, its flow of funds is going to start to end in less than two months and the impact of that could be a catalyst for tightening truckload capacity, just as its existence has led to keeping many drivers on...
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Record Number Of Mexican-Made Vehicles Cross Borders To Be Sold In North American, Asian Markets
Wednesday, July 17, 2019 - 3:35pm | 741Mexican factories exported a record-breaking 1.74 million vehicles worldwide during the first six months of 2019. The majority of those vehicles – 1.37 million – were shipped north across the border to the United States, according to data recently released by Mexico's Asociacion Mexicana de la...
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What The New Pacific Trade Agreement Could Mean For Major Currency Futures
Tuesday, November 20, 2018 - 1:44pm | 759In the midst of the shake-up in equity markets, the apotheosis of the U.S. midterms elections, and further mixed signals on U.S.-China trade negotiations, a major development in global economics flew under the radar for most investors. While it might not rock the global economy to its core, the...
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The States With The Most Employment Exposure To Exports, Foreign-Owned Companies
Sunday, April 15, 2018 - 5:09pm | 538Amid a potential trade war with China, President Donald Trump directed staff to look into renegotiating U.S. participation in the Trans-Pacific Partnership agreement, according to reports. "That's really good news for America," Sen. Ben Sasse (R-Nebraska) said following a White...
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What Does The China Trade Deal Mean For Financial, Beef And Poultry Players?
Monday, May 22, 2017 - 10:28am | 2046After all the bravado about bringing China down to its knees, President Donald Trump seems to be warming to the idea of putting up with the Dragon nation in order to maintain global order. The telling proof for the changed stance came from the set of trade deals signed between the world's...
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Former U.S. Trade Representative Talks Legality Of A Border Tax, Trump's Cancellation Of TPP
Friday, March 10, 2017 - 12:38pm | 372Robert Holleyman, a former U.S. trade representative, was a guest on CNBC's "Squawk Box" segment Friday morning to talk about the proposed border adjustment tax and the Trans-Pacific Partnership. According to Holleyman, there are still plenty of unknowns and variables, including what effect a tax...
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What Is A 'Trade War'?
Tuesday, January 31, 2017 - 9:56am | 1089Among the many concerns engendered by the ascension of Donald Trump to the role of president of the world's largest economy is the issue of a potential "trade war," which is now being liberally splashed across media outlets with fear-laden emotion. What does the phrase "trade war" mean? Which among...
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As Promised, President Trump Withdraws From The Trans-Pacific Partnership
Monday, January 23, 2017 - 5:10pm | 250In one of the first big moves of his administration, President Donald Trump has abandoned the controversial Trans-Pacific Partnership (TPP) agreement after signing an executive order to withdraw from the trade deal. The partnership included 12 countries representing 40 percent of the world...
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The Many Effects Of Donald Trump's Domestic Jobs Initiative
Thursday, January 5, 2017 - 7:46am | 859While Donald Trump's inauguration to the United States presidency is imminent, visibility into his proposed policy issues remains cloudy. On the campaign trail, Trump promised many protectionist measures, in support of and promoting his slogan "Make America Great Again." Notable...
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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,...
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Reasons To Visit The Vietnam ETF
Monday, May 2, 2016 - 1:54pm | 630Focusing solely on the here and now, it is hard to get excited by the Market Vectors Vietnam ETF. (NYSE: VNM). With emerging markets equities popping this year, VNM, the lone exchange-traded fund dedicated to Vietnamese stocks is lagging with a loss of 2.5 percent. Frontier Vs. Emerging Economy...
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Trans Pacific Trade Pact Puts Presidential Hopefuls On Edge
Wednesday, October 7, 2015 - 8:55am | 387As the 2016 Presidential race speeds up, candidates have been very vocal about the changes they'd make and the issues they'd address if elected into office. However, the Trans-Pacific Partnership (TPP) has created an interesting dilemma for candidates as voters across the United States...