Keyword: usmca
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Only President Trump could get the Canadians to vote for an exit to the USMCA, and he did it brilliantly.To understand President Trump’s position on Canada, you have to go back to the 2016 election and President Trump’s position on the NAFTA renegotiation. If you did not follow the subsequent USMCA process, this might be the ah-ha moment you need to understand Trump’s strategy.During the 2016 election President Trump repeatedly said he wanted to renegotiate NAFTA, the North American Free Trade Agreement. Both Canada and Mexico were reluctant to open the trade agreement to revision, but ultimately President Trump had...
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Treasury Secretary Scott Bessent made it clear in an interview with CNN that the era of trade imbalances is over, and under President Trump, the U.S. will no longer tolerate unfair treatment. During a discussion with CNN’s Kaitlan Collins, Bessent confidently explained the administration’s position on tariffs and trade policy, signaling that Trump’s economic strategy is deliberate and well thought out. When pressed on how the administration’s policies could impact the auto industry, particularly regarding vehicles made with foreign parts, Bessent was blunt. “If half the cars coming into the United States are foreign-made, that's hard to turn around overnight,...
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U.S. President Donald Trump on Thursday said Mexico won't be required to pay tariffs on any goods that fall under the United States-Mexico-Canada Agreement on trade until April 2, but made no mention of a reprieve for Canada despite his Commerce secretary saying a comparable exemption was likely. "After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement," Trump wrote on Truth Social. "This Agreement is until April 2nd." Earlier on Thursday, U.S. Commerce Secretary Howard Lutnick said the one-month reprieve on...
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Boy howdy, this article by The Associated Press is very telling. First, it’s worth remembering that in the fine print of the USMCA deal, Mexico and Canada must comply with North American parts origination for anything they want to manufacture for sale into the United States. Meaning, all trade manufacturers must either create their component parts domestically, or purchase them from the U.S, Mexico and Canada. It’s the core point of the USMCA trade agreement. Secondly, in an aspect exclusive to the U.S. part of the deal that President Trump and USTR Lighthizer insisted upon, if either Canada or Mexico...
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President Trump often says that his “America First” foreign policy does not mean “America Alone.” Nowhere is this better exemplified than in the new United States-Mexico-Canada Agreement (USMCA). USMCA is a trilateral trade deal that replaces the outdated, ineffective North American Trade Agreement (NAFTA) and better positions the American economy and its private sector for success. USMCA reflects the reality of the United States’ expansive trade relationships with Canada and Mexico, ensuring that American companies are protected while operating abroad and the American people are reaping the benefits of cross-border partnership. It also provides assurance that in times of natural...
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Border industry is poised for explosive growth in the next few years, as companies take heed of lessons learned in the COVID-19 pandemic and relocate more production to North America, trade experts say. Many U.S. manufacturers who get supplies from China experienced delays during the pandemic, which added to brewing concerns over already tense trade relations between both countries. “We have a huge number of U.S. companies doing business with China. […] Any number of consumer goods come from China but all those companies are coming under the realization that there is trade tensions that are going to continue regardless...
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🚨 Joe Biden concedes that President Trump's renegotiated US-Mexico-Canada Agreement is "better than NAFTA," which he says he and Obama were unable to renegotiate "because we had a Republican Congress that wouldn't go along with us" WATCH VIDEO...
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EXETER, Pa. — As traffic made its way down Schooley Avenue on Tuesday, the giant Trump signs on Jeff Davis’ porch were impossible to miss. “Make America Great Again,” one read. “No more bulls—,” proclaimed another. Vice President Mike Pence would hold a rally down the road a few hours later in this former coal mining town, but Davis wasn’t going. He suffers from rheumatoid arthritis and says his immune system is “down to nothing.” Standing on his front lawn, Davis, 57, motioned to his wife and daughter on the porch. “I’m still very leery on the COVID thing,” he...
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Morning Star Dairy Farm Onalaska, Wisconsin 3:28 P.M. CDT  THE VICE PRESIDENT: First, I’d like to invite everybody to thank John and Barb Schaller for opening up this family farm. (Applause.) Fantastic. Thank you so much.Thank you for welcoming us to Morning Star Dairy. I feel right at home. I’m a small-town guy from southern Indiana. And I told them we didn’t have dairy cattle when I was growing up, but we had about a hundred head of cattle. And it is great to be on this wonderful farm. I want to congratulate you for your success. I want...
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Never mind. Liars should never write books. Books are a real problem. Because liars always have to be ready to change their stories, and once a book is released, there’s no changing it. The book says what it says, and it’s out there for people to read. If you now want to say something different, how do you deal with the fact that your own book is floating around contradicting you? But Hillary Clinton has to change her story because that’s what she does, so the fact that she wrote a book in 2014 bragging about getting other nations to...
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This is a translation of the Mexican president's remarks during the Rose Garden ceremony
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New polling confirms Americans are not as crazy and clueless as their mainstream media. Despite all the media BS about peaceful protests, Americans are not so willing to go along with ripping down all the statues of heroes and saints, burning and looting the business districts and threats to abolish the police. According to a new poll by Democracy Institute the fallout from the Black Lives Matter protests and riots will win President Trump his reelection.
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Here's the Watch video to view https://www.youtube.com/watch?v=Tasj63qCmYc&feature=youtu.be
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“The historic work that both of these administrations — led by the two presidents — have done stemming from one, the USMCA, which is something that we are going to obviously highlight … but also our historic cooperation on migration" a official told reporters. “Illegal migration is now down 85% of mostly from Central American countries that would not be possible without the help of President Lopez Obrador with the Migrant Protection plan that we worked together on and the 25,000 National Guardsmen men and women that he has put forward to the northern and southern borders to protect people...
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President Donald J. Trump will welcome President Andres Manuel Lopez Obrador of the United Mexican States to the White House on Wednesday, July 8, 2020, as part of their continued partnership on trade, health, and other issues central to regional prosperity and security. The two leaders will recognize the historic United States-Mexico-Canada Agreement (USMCA) that entered into force on July 1, 2020, and their shared effort to ensure North America continues strengthening its economic ties while working to combat the coronavirus pandemic.The USMCA is the largest, fairest, and most balanced trade agreement ever negotiated and contains innovative provisions to...
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The new North American free trade agreement that goes into effect Wednesday was touted by U.S. President Donald Trump as an engine of American job creation. But Japan's automakers are largely opting instead to keep operations in place and pay Mexican workers more or even just pay tariffs. The US-Mexico-Canada Agreement requires 40% or more of parts for each passenger vehicle be manufactured by workers who are paid at least $16 per hour as a condition to make them tariff free in the region. Trump hailed that feature as a way to boost production in the U.S., which has a...
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OTTAWA—Prime Minister Justin Trudeau is taking a pass on a meeting this week with U.S. President Donald Trump and Mexican President Andres Manuel Lopez Obrador. Trudeau’s office says he wishes the two countries and their leaders well but Trudeau will remain in Ottawa for a cabinet retreat and a scheduled sitting of Parliament. Lopez Obrador is travelling to D.C. in part to celebrate the entry-into-force of the new North American free-trade deal and had expressed hope Trudeau would join as well. Trudeau’s office says the prime minister will continue to work with both countries to ensure the agreement becomes a...
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The USMCA is now in full effect. It replaces the decades old North America Free Trade Agreement. According to the USDA, Canada and Mexico were our top two trading partners in 2019. They also say that the USMCA contains significant improvements to rules of origin, ag market access, and labor issues. The U.S. Treasury Department's Monica Crowley believes that those improvements will have a very positive impact on our farmers and ranchers. "President Trump promised that he would scrap NAFTA, which was a horrendous trade deal, particularly for our nation's farmers... He promised to scrap that and replace it with...
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Today, the United States-Mexico-Canada Agreement (USMCA) will go into effect. Thanks to the bold leadership of President Trump, the agreement will mean stronger economic growth, more jobs for American workers, and fairer trade for our country. President Trump has delivered for American manufacturers, farmers, businesses, and workers. The agreement will drive job creation and includes the strongest, most advanced, and comprehensive set of labor provisions of any United States trade agreement. American farmers will have access to fairer markets in Canada and Mexico, opening up more opportunities to export their goods. USMCA will strengthen American manufacturing, including incentivizing investment...
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When I ran for President, I made a solemn promise to the American people that I would end the job-killing failure called the North American Free Trade Agreement (NAFTA) and replace it with a better deal for our workers, farmers, ranchers, and businesses—the men and women of Main Street who built the most prosperous and equitable economy in human history.  Today, with NAFTA ending forever and the United States-Mexico-Canada Agreement (USMCA) entering into full force, our grateful Nation pays tribute to America’s workers and celebrates their ability to overcome decades of bad deals and failed policies.The USMCA is the...
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