82.2 F
Fort Worth
Thursday, October 22, 2020
Government New NAFTA blues

New NAFTA blues

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

President Donald

Trump has called the

U.S.-Mexico-Canada

Agreement he

negotiated last year “a

great deal’’ for all three

countries. But the pact

faces serious hurdles getting

ratified by Congress.

The agreement replaces the

North American Free Trade

Agreement. Trump and other

U.S. critics opposed NAFTA

because it encouraged

manufacturers to close U.S.

factories, shift them to low-wage

Mexico and then ship products back to the United

States duty free. Trump’s USMCA includes provisions,

meant to appeal to Democrats and labor unions, that

would coax manufacturing back to America.

But USMCA is getting criticism

from both political parties.

Republicans complain

that Trump is keeping

taxes on imported

Canadian and Mexican steel

and aluminum – which raises

costs for metals-consuming

American companies. They want

the tariffs removed. Democrats

want the deal reworked to do more

to encourage Mexican workers to

form unions and bargain for higher

wages and better working

conditions. They also dislike the way

USMCA protects super-expensive

biologic drugs from copycat competitors

called biosimilars.

The stakes are huge. U.S. trade with Canada and

Mexico totaled nearly $1.4 trillion last year.

Source: U.S. Commerce Department Paul Wiseman; Jenni Sohn • AP

US trade in North America

In billions of dollars

New NAFTA blues

Numbers may not add

up due to rounding

Imports

from

Exports

Latest News

Tarrant County gets tough on DWI

Tarrant County Criminal District Attorney Sharen Wilson announced Oct. 21 that Tarrant County now is No Refusal all the time.

Senate Judiciary Committee advances Barrett despite Dems’ boycott

By LISA MASCARO and MARY CLARE JALONICK Associated Press WASHINGTON (AP) — Senate Judiciary Committee Republicans powered past a...

US officials link Iran to emails meant to intimidate voters

By ERIC TUCKER and FRANK BAJAK Associated PressWASHINGTON (AP) — U.S. officials accused Iran on Wednesday of being behind a flurry of...

Nonprofits invited to apply for $1.3 million in funding

From the City of Fort Worth: Social service agencies are invited to submit program proposals that will help...

Renderings released for Stop Six’s Cowan Place

Fort Worth Housing Solutions and development partner McCormack Baron Salazar have finalized architectural renderings for Cowan Place, the mixed-income, senior living community...