NAFTA overhaul paves the way for US, Canada auto-manufacturing rally


(Worthy News) – The revised trade agreement between Canada, Mexico and the U.S. should buoy automotive manufacturing in North America and give the Trump administration heightened leverage in its trade negotiations with China.

For U.S. carmakers, the deal concludes months of anxiety over President Trump’s promise to renegotiate the North American Free Trade Agreement. The manufacturers had taken advantage of the treaty from the early 1990s to build more cost-effective supply chains that criss-crossed the three member countries, so the White House talks outweighed even concerns over tariffs on steel, aluminum imports and $250 billion in Chinese products.

While analysts predict the pact unveiled late Sunday night will increase production costs, ultimately forcing car buyers to pay more, it should also spur new investment in the three countries from both domestic and international automakers. [ Source: Washington Examiner (Read More…) ]

We're being CENSORED ... HELP get the WORD OUT! SHARE!!!

Latest Worthy News

‘Russia Using Chemical Weapons In Ukraine’, Spies Say (Worthy News Radio)
Trump Dance’ Launches Countdown Toward America’s 250th Birthday (Video)
Wave of Attacks on U.S. Churches Raises Alarm as Anti-Christian Hostility Surges
Australian Jews Survive Arson Attack On Synagogue; Israeli Restaurant Smashed
Deadly Flood Ravages Texas Christian Camp: At Least 24 Dead, Dozens Missing After Guadalupe River Overflows at Camp Mystic
Trump Signs ‘One Big Beautiful Bill’ Into Law in Historic July 4 Celebration as Nation Marks 250th Year
EU To Set Up Global Trade Alternative, Challenging US Dominance (Worthy News In-Depth)
Trump Speaks To Ukraine’s Leader After Unprecedented Russian Strikes
Artificial Intelligence Taking Over Britain’s Health Service Within 10 Years (Worthy News Focus)
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News