The U.S. trade deficit spiked to $63.6 billion during the month of July, a rate not seen since the Great Recession in 2008, according to data released by the Commerce Department Thursday.
Reuters reporting exclusively that Taiwan-based electronics manufacturers Foxconn and Pegatron are among companies eyeing new factories in Mexico, people with direct knowledge of the matter said, as the U.S.-China trade war and coronavirus pandemic prompt firms to reexamine global supply chains.
OTTAWA - Chrystia Freeland, a former journalist who was Canada's lead negotiator for a new North American trade deal, was named the country's first female finance minister on Tuesday after the abrupt resignation of her predecessor, as the government shifted focus to the long-term economic recovery from the coronavirus pandemic.
U.S.-Mexico relations have never been closer, stronger, better, or more productive.
Ford Motor Co may have to shut some U.S. car plants as early as next week if they fail to receive engines produced in Mexico's Chihuahua state, Christopher Landau, the U.S. ambassador to Mexico, said on Thursday.
President Trump welcomed Mexican President Andrés Manuel López Obrador to tout the United States-Mexico-Canada trade agreement, which took effect last week.
USMCA further demonstrates the Trump administration’s commitment to small businesses.
OTTAWA - Canadian Prime Minister Justin Trudeau said on Friday he was still unsure whether he would go to Washington D.C. next week to celebrate a new North American trade treaty, citing concern about possible U.S. tariffs on aluminum.
FedEx applauded the Trump administration's USMCA deal, which went into effect Wednesday.
U.S. Trade Representative Robert Lighthizer on Friday said he has notified Congress that the new U.S.-Mexico-Canada trade agreement will take effect on July 1, a month later than initially proposed.
Prime Minister Justin Trudeau said the blockades are hurting the economy.
The U.S. Chamber of Commerce wants to hear about infrastructure, innovation and the U.S. workforce during President Trump's State of the Union address Tuesday.
Manufacturers in Iowa are being wooed by Democrats and Republicans
A Treasury Department official breaks down the four pillars of President Trump's economic plan and how it will impact the 2020 election.
President Trump signed the United States-Mexico-Canada Agreement on Wednesday.
U.S. Labor Secretary Eugene Scalia told FOX Business' Neil Cavuto that the USMCA is "totally different" than NAFTA.
The USMCA deal is Trump’s biggest yet—in fact the biggest in history.
The USMCA, which is the biggest trade deal of all-time, covers more than $1.3 trillion of commerce.
Energy Secretary Dan Brouillette touted the roughly 600,000 jobs he expects the U.S.-Mexico-Canada Agreement to create in an interview with FOX Business' Maria Bartiromo on Wednesday.
Canada's minority Liberal government kicked off the ratification process for a new continental trade pact on Monday and urged opposition lawmakers to formally approve the deal as quickly as possible.