The US has reached a last-minute agreement with Canada to save NAFTA. The deal was agreed on before midnight on Sunday while sharp divisions between the two countries threatened to undermine the trade treaty that has stood for 25 years.
President Donald Trump’s tariff threats targeting European auto makers are continuing to raise eyebrows even after his commerce secretary backed away from a deadline set in August to determine whether to enact stiffer tariffs on European auto imports.
Economists are becoming less confident about US economic growth in light of Trump’s trade and budget policies. The experts are also not convinced that the current gains coming from the GOP tax cuts will be sustainable.