German minister backs NAFTA on Mexico visit, urges U.S. support

MEXICO CITY (Reuters) – Germany’s foreign minister voiced support for the North American Free Trade Agreement (NAFTA) during a visit to Mexico on Friday, giving a diplomatic boost to the country ahead of its renegotiation of the accord with the Trump administration. Syndicated from Reuters

Paul Krugman: Trumponomics Are as Big a Bust as Trumpcare

The New York Times columnist takes apart an incoherent, and likely doomed, trade policy. For someone obsessed with deals, Donald Trump can’t seem to make any as president, especially when it comes to trade. In his Monday column, Paul Krugman explains that even the two executive orders he signed on March 31st amounted to a…

Mexico warns it will end NAFTA talks if U.S. proposes tariffs – Bbg

(Reuters) – Mexico’s economy minister Ildefonso Guajardo warned that his country will break off negotiations on the North American Free Trade Agreement (NAFTA) if the United States were to propose tariffs on products from Mexico, Bloomberg reported on Monday. Syndicated from Reuters

Is There a Historic Economic Shift Under Way?

Click here for reuse options! Global elites can’t count on business as usual. *This interview was originally published on the Institute for New Economic Thinking blog. Milwaukee-born Jim Chanos, founder and managing partner of New York-based Kynikos Associates, teaches University of Wisconsin and Yale business students about corporate fraud. During his life and career, he…

Trump's NAFTA revamp would require concessions, may borrow from TPP

WASHINGTON (Reuters) – President-elect Donald Trump’s plan to renegotiate the North American Free Trade Agreement (NAFTA) to make it “a lot better” for U.S. workers would not be a one-way street for his administration, as Canada and Mexico prepare their own list of demands that could require difficult U.S. concessions. Syndicated from Reuters

Jim Hightower: Oreo Rolling Its Cookie Factory to Mexico

Nabisco plans to move an Oreo plant to Mexico, taking much-needed Chicago jobs with it. For generations, kids from age 3 to 100 have loved munching on chocolaty Oreo cookies dipped in a glass of milk. But just over a year ago, the tasty treat suddenly went sour. In May 2015, bakery workers in Nabisco’s…