Trump has used tariffs as a stick to threaten the US’s trading partners into submission, as in his spat with Mexico. But if the US cuts immigration from its southern neighbors, who will do the...
The US announcement to lay a 5% tariff on all goods coming from Mexico (starting June 10) until it stops the flow of “illegal migrants” spurred sharp losses in the Mexican peso and general risk-off...
There were only a few formal disputes under NAFTA 1.0. It says more about the adjudication process than the underlying issues. It was not binding. The Democrats want stronger enforcement provisions in what the NAFTA...
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...
Whiplashed? Last weekend, President Trump threatened again to walk away from NAFTA. Within 48 hours, reports suggest he wanted an agreement at next week’s Summit of the America (April 13-14 in Peru). The art of...
In response to the resignation of one of the few “globalist” advisers in the US Administration, the resignation Cohn has sent ripples through the capital markets. Stocks have been marked down across the world. The...
Globally, the number of international migrants reached 244 million in 2015 for the world as a whole, a 41 per cent increase compared to 2000. This rise in the number of international migrants reflects the...
Investors are anxiously awaiting more details on the new US Administration’s economic policies and priorities. Part of the challenge is that the cabinet represents a wide range of views and it is not clear where...
Transparency International has said governments in many OECD nations have become less inclined to fight companies that use bribery to get contracts abroad. It cited budgetary reasons to be behind the backsliding. The anti-corruption watchdog...
China data deluge will start Tuesday, with June CPI to be reported. A rate of 2.5% y/y is expected vs. 2.1% y/y in May. Trade comes next around mid-week, with exports seen rising 3.7% y/y...
