trade deal

Replacing NAFTA with USMCA

Replacing NAFTA with USMCA

BY: Jacobien van der Kleij PEJOURNAL- The 2,082 paged framework known as the United States-Mexico-Canada Agreement (USMCA), went into force on the 1th of July this year and will constitute according to Trump “the best and most important trade deal ever made by the USA”. And its predecessor, NAFTA, part of Reagan's 1980 presidential campaign and signed in 1992 by Bill Clinton, will go down in history as the “US worst Trade Deal”. However, the impetus for a new trade Agreement governing a market with more than 500 million people involved, does not signal an end to trade disputes between…
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China, U.S. to review trade deal, air other grievances on August 15: Reuters

China, U.S. to review trade deal, air other grievances on August 15: Reuters

PEJOURNAL - U.S. and Chinese officials will review the implementation of their Phase 1 trade deal and likely air mutual grievances in an increasingly tense relationship during an Aug. 15 videoconference, two people familiar with the plans said. U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He, the principal negotiators for the two countries, will participate in the meeting, an initial six-month review of the pact activated on Feb. 15. The meeting plans were first reported by the Wall Street Journal. The U.S. Trade Representative’s office and the U.S. Treasury did not respond to requests for comment. Under…
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