US‑Mexico‑Canada Agreement a Major Win for the Economy
Brief Published on January 30, 2020President Trump has signed the US-Mexico-Canada Agreement (USMCA) into law, replacing the 25-year old North American Free Trade Agreement. A strong trade agreement with Mexico and Canada is clearly a "win" for the US economy. Mexico has also passed the USMCA, and the ratification process is currently underway in Canada.
- Tags:
- trade,
- trade agreement,
- trade deal,
- USMCA
What is the significance of the Regional Comprehensive Economic Partnership?
Radio Spot Broadcast via Texas State Networks on November 18, 2020Dr. Perryman explains trade strategies and the importance of such an agreement for the United States.
Why is Hong Kong so crucial to China?
Radio Spot Broadcast via Texas State Networks on July 15, 2020The relationship between China and Hong Kong is sometimes rocky. Dr. Perryman describes why a strong relationship between the two is important economically.
How important is the new trade agreement in North America?
Radio Spot Broadcast via Texas State Networks on July 02, 2020The United States, Mexico, and Canada have settled on a replacement for NAFTA. Dr. Perryman describes the benefits of the agreement.
The Big One
Column Published in syndication November 18, 2020A new trade agreement covering about 30% of the global economy has been signed. The Regional Comprehensive Economic Partnership (RCEP) includes China, Japan, South Korea, New Zealand, Australia, and 10 Southeast Asian economies. It's the world's largest in terms of the amount of gross product covered, slightly above the US-Mexico-Canada Agreement (USMCA) according to most estimates. About 2.1 billion people reside in member nations. India is not in the deal at this point but can join at a later date.
Good News
Column Published in syndication July 08, 2020In the midst of the pandemic's ongoing fallout, there was a bit of very good news for the economy earlier this month that, as with so many other things, did not get the attention it should have (or would have in different times). The United States-Mexico-Canada Agreement (USMCA) has now officially gone into effect. It has taken years to negotiate and ratify the agreement among the three nations, which updates and replaces the 1994 North American Free Trade Agreement (NAFTA).
- Tags:
- export,
- trade agreement,
- USMCA
Global Growth
Column Published in syndication January 22, 2020The latest forecast for the global economy from the International Monetary Fund (IMF) indicates the pace of growth may increase over the next year. This pattern would not only enhance conditions in a number of countries, but also is beneficial to major trading nations such as the United States.
- Tags:
- Brexit,
- forecast,
- global economy,
- trade