US, Mexico close to deal to update NAFTA - Markets up after US Federal Reserve chair comments
Democrats have regained control of the US House of Representatives in the midterm elections, US media have reported. The Republicans have expanded their lead in the Senate. Read the latest here.
With the clock ticking, the US and Canada have reached a new trilateral trade deal with Mexico. Called USMCA, the pact will create a revamped NAFTA with key sections focusing on auto imports and Canada's dairy market.
A new North American trade agreement has been struck between the US, Canada and Mexico following tense negotiations. But is this a victory for US President Donald Trump or is the picture a little more nuanced?
As the US and Mexico unveil a reworked trade agreement, the old one's third leg, Canada, said its signature is needed and it may not sign it. But what have the US and Mexico agreed and how much leverage does Ottawa have?
© 2018 Deutsche Welle |
Legal notice |
| Mobile version