Pandemic, China trade deal fuel farmer doubts
WASHINGTON — When farmers don’t have enough money in their pockets, neither do local business owners or other residents in their small, rural communities.“It doesn’t matter what you do in North Dakota, your income is based somehow off of agriculture,” said soybean farmer Tyler Stafslien, who lives in Makoti, North Dakota.Buffeted by a two-year trade war, followed by a disappointing — at least so far — trade deal and then a worldwide pandemic, there aren’t a lot of farmers, or rural communities, feeling flush right now. Worried farmers and business groups are urging the United States and China ...
There's a new trade agreement in town. It looks to improve on NAFTA but hurdles remain
For more than 25 years, the North American Free Trade Agreement, commonly known as NAFTA, had its share of critics on both the left and the right — sometimes for different and, at other times, for overlapping reasons.But last week, NAFTA’s replacement went into effect. Called the U.S.-Mexico-Canada Agreement, or USMCA, it looks to build on the prior agreement and while points of contention remain, a retired Ivy League professor says the new pact’s labor chapter is better than the old one.“I think it’s an improvement; just how significant remains to be seen,” said Lance Compa, a long-time lectu...
The San Diego Union-Tribune
New trade agreement means steep learning curve for auto industry
DETROIT — Imagine being asked to bake a cake but not being told what kind of cake you’ll be baking and knowing you’ll be judged on the results.You might know you need milk, eggs and flour, but whether the cake needs to be chocolate or carrot is pretty important, too, and will change what you pick up during your shopping trip.That’s how Kristin Dziczek, vice president of the Industry, Labor & Economics Group at the Center for Automotive Research in Ann Arbor, described the roll-out of the new trade deal replacing the North American Free Trade Agreement, or NAFTA. The new agreement, one of the b...
Detroit Free Press