Silver as an investment

Category Archives: NAFTA

Goldman Expects Trump To Withdraw From NAFTA, Congress Readies For A Fight

zerohedge.com / by Tyler Durden / Oct 20, 2017 7:45 PM With NAFTA negotiations going badly, Goldman Sachs has published a report, “Thoughts on the Potential US Withdrawal from NAFTA”, that concludes that the US is likely to withdraw from the trade agreement next year “At this point, efforts at revising the agreement look likely to be unsuccessful, though a […]

NAFTA Worries Take Toll, Yellen’s Best Guess Supports Greenback

marctomarket.com / by Marc Chandler / Oct 16, 2017 (Greetings from San Francisco, where I will be speaking at a CFA seminar on currencies tomorrow.  The rebuilding from destruction of the of hurricanes in Texas and the Southeast  US has already begun and the distortion to US high frequency data is seen nearly every day.  Some data, like auto sales and retail […]

NAFTA Worries Take Toll, Yellen’s Best Guess Supports Greenback

marctomarket.com / by Marc Chandler / October 17, 2017 (Greetings from San Francisco, where I will be speaking at a CFA seminar on currencies tomorrow.  The rebuilding from destruction of the of hurricanes in Texas and the Southeast  US have already begun and the distortion to US high frequency data is seen nearly every day.  Some data, like auto […]

Bombastic Trump Threatens to Shut Down Government if Congress Does Not Approve the Wall

mishtalk.com / Mike “Mish” Shedlock / August 23, 2017 In a fiery speech tonight, President Trump demanded funding for a wall, threatening to shut down the government if he does not get his way. In the same speech, he proclaimed he would likely terminate NAFTA. President Trump at #PhoenixRally: "Believe me, if we have to close down our government, […]

Are You a “Trump Alarmist”?

financialsense.com / FS STAFF / 05/08/2017 Under Trump’s “America first” policy, fears of the United States taking a more protectionist stance are justified, Reva stated. “That said, there has been a lot of alarmism, which I believe has been overblown.” The reality is, a single individual isn’t going to be able to entirely disrupt the global trade order as […]

Peso Plunges As White House Plans NAFTA Withdrawal Executive Order

zerohedge.com / by Tyler Durden / Apr 26, 2017 11:54 AM The Mexican Peso is tumbling (and Loonie extending yesterday’s timber-tariff-driven losses), as Politico reports, the Trump administration is considering an executive order on withdrawing the U.S. from NAFTA, according to two White House officials. Politico reports that a draft order has been submitted for the final stages […]

“Not Going To Risk A Shutdown Over Anything”: Democrats Get Trump And GOP to Abandon Border Wall

This article was written by Michael Snyder and originally published at the Economic Collapse Blog. Editor’s Comment: It all boils down to politics; there’s the politics of the campaign, and then there’s the real politics of Washington deal making and budgets. Who knows if there will ever be a border wall, or if a better […]

Yen, Peso Pop After Ross Targets NAFTA, Japan For Trade Deals

The yen and the peso jerked higher after President Trump’s commerce secretary Wilbur Ross commented that he expecte to start renegotiating NAFTA within two weeks and that Japan will be high on the list for trade agreements. As Bloomberg reports, discussions are under way with the Finance, Ways and Means committees and the expectation is […]

Mexican Peso Surges On Chatter Fed Will Rescue Currency From Trump’s Damage

zerohedge.com / by Tyler Durden / Mar 1, 2017 12:17 PM After President Trump’s plans for renegotiating NAFTA and building a border wall have monkeyhammered the Mexican Peso to record weakness, it appears Banxico has found a friend to help defend its currency – The Fed. Bloomberg reports that, according to three people with knowledge of the discussions, […]

Killing the Trade Golden Goose: Farmers Rattled by Trump’s NAFTA Rescinding Plans

mishtalk.com / Mike “Mish” Shedlock / February 12, 2017 Cross-border trade with Mexico surged following NAFTA. It’s fair to presume NAFTA is not the sole cause of the increase in trade, but it is fair to presume that NAFTA helped. Increased trade is a benefit to both parties, otherwise, the trade would not take place. Trump now threatens […]