Happening In Trumps America: Another Trump-Victory Mexico Has Bowed To Trumps Demands on Trade

edited August 27 in General
SUMMARY FROM VARIOUS NEWS ARTICLES


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On his relentless crusade to Make America Great Again and make trade equal and fair, Trump has made Mexico bend the knee to his will.

Highlights Of New US Mexico Trade Agreement.

1-Auto manufacturing: The new deal would require that 75% of the parts in any car sold in North America be produced in the United States.

2-Higher labor standards: The new deal would require that 40% to 45% of auto parts in cars sold be made by workers earning at least $16 USD per hour.

3.Sunset clause: The agreement will last for 16 years, and will be reviewed every six years.

Stock Markets Respond Positively To the News

1-The Dow rose more than 250 points.
https://money.cnn.com/data/markets

2-The S&P 500 and Nasdaq hit new highs on Monday has news of Trumps Victory hit the airwaves.
https://money.cnn.com/data/markets

Read More here
https://www.nytimes.com/2018/08/27/us/politics/us-mexico-nafta-deal.html

https://www.cnbc.com/amp/2018/08/27/mexican-official-says-nafta-talks-with-us-have-concluded.html

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