PRESIDENT DONALD TRUMP is fighting trade battles on multiple fronts. But on September 30th he called a truce in one of them. Having threatened to rip up the North American Free Trade Agreement (NAFTA), a trade deal between America, Canada and Mexico, he has agreed instead to replace it. With the Canadians now on board,…
Amazon Wages Jeff Bezos’s boosting of hourly wages, to a minimum of $15 in the U.S. and £9.50 in the U.K., is the result of two factors, according to the Guardian‘s Larry Elliott. The first is political pressure from Bernie Sanders and Donald Trump in the U.S., and unions and the clergy in the U.K.…
Brendan McDermid/Reuters Stocks staged a recovery early on Friday following tame inflation data. The Dow Jones industrial average fell more than a thousand points between Tuesday and Thursday. Watch US indexes trade in real time here. Following the worst couple of days on Wall Street since February, stocks staged a recovery on Friday amid signs…
Image copyright AFP Image caption Relations between US President Donald Trump and Canadian Prime Minister Justin Trudeau have occasionally been fraught The US and Canada have reached a new trade deal, along with Mexico, to replace the current North American Free Trade Agreement (Nafta).The United States-Mexico-Canada Agreement (USMCA) gives the US greater access to Canada's…
Media playback is unsupported on your device Media captionDonald Trump speaks with the Mexican leader on the phone through a translator The US and Mexico have reached common ground on key trade terms as pressure mounts to complete renegotiation of the North American Free Trade Agreement.US President Donald Trump, a frequent critic of the existing…
