How NAFTA 2.0 Will Shake up Business as Usual

WASHINGTON — American dairy farmers get more access to the Canadian market. U.S. drug companies can fend off generic competition for a few more years. Automakers are under pressure to build more cars where workers earn decent wages. The North American trade agreement hammered out late Sunday between the United...

US, Canada Reach Deal to Stay in Trade Pact With Mexico

WASHINGTON — Canada is back in a revamped North American free trade deal with the United States and Mexico after weeks of bitter, high-pressure negotiations that brushed up against a midnight deadline. In a joint statement, U.S. Trade Representative Robert Lighthizer and Canadian Foreign Affairs Minister Chrystia Freeland said the...

US-Mexico ‘Understanding’ Could Overhaul NAFTA

President Donald Trump is announcing a trade "understanding" with Mexico that could lead to an overhaul of the North American Free Trade Agreement. Trump made the announcement Monday in the Oval Office, with Mexican President Enrique Pena Nieto joining by speakerphone. Read a transcript of their phone call at this...

Saudi Arabia Expels Canadian Ambassador Over Criticism

DUBAI, United Arab Emirates — Saudi Arabia expelled the Canadian ambassador Monday and froze "all new business" with Ottawa over its criticism of the ultraconservative kingdom's arrest of women's rights activists — yet another warning to the West reflecting Riyadh's newly assertive foreign policy. The sudden and unexpected dispute bore...

How Do 3D Printers Work? Here's the Answer.

The U.S. is in multiple international trade wars. After President Trump ordered higher taxes on some Chinese imports, the Chinese retaliated. The trade dispute now involves as much as $200 billion worth of Chinese-made goods. Trump has also targeted the European Union, Canada, and Mexico with tariffs. Most economists disagree...

FACT CHECK: Trump Falsely Claims Historic Turnaround

WASHINGTON— President Donald Trump falsely claimed Friday he's pulled off "an economic turnaround of historic proportions." Speaking at the White House after the government reported that the economy grew at an annual rate of 4.1 percent in the second quarter, Trump declared that the gains were sustainable and would only...

Survey of Economists: US Sales and Hiring Likely to Grow

DETROIT (AP) — Most U.S. business economists expect corporate sales to grow over the next three months and hiring and pay to rise with them. But a majority of the economists surveyed by the National Association for Business Economics say the corporate tax cuts that the Trump administration pushed through...

Putting Tariffs on Your Friends Is a Bad Idea. Here's Why.

Europeans, Canadians and Mexicans buy more American goods and services than anyone else in the world. So why would the Trump administration be willing to start a trade war with the United States’ most important trading partners – as well as some of its oldest allies? The current dispute started...

Trump's 'America First' Tariffs? They're Bad for U.S. Economy.

President Donald Trump finally appears poised to make good on his promised threats to slam the door on free trade and erect walls around the country’s economy. Citing the need to protect national security, he released plans to impose tariffs of 25 percent on foreign steel and 10 percent on...

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