Trade

Trade Agreement Updates

By Safeguard Investment | December 5, 2018 | 0

In the new U.S.-Mexico-Canada Agreement (USMCA), which would replace the North American Free Trade Agreement (NAFTA), among gains for the United States is a new provision negotiated with Mexico related to auto products. Under the new terms, to qualify for tariff-free sales, 75 percent of automobile materials must be produced in the United States and…

Read More

Trade Wars: More Context

By Safeguard Investment | October 24, 2018 | 0

In particular, automobiles seem to be in the crosshairs of President Trump’s hard line on trade with the rest of the world. Here are a few reasons why:1 • U.S. auto production represents about 2.7 percent of GDP.• There are more jobs in motor-vehicle assembly than in computers and electronics, chemicals, motor vehicle parts, plastics…

Read More