Trump, Mexico and European Union
During his last term, Trump set his sights on Mexico over concerns that Chinese automakers would use the country as a back door to sell their vehicles in the U.S. In response, he negotiated a new trade agreement, called the USMCA, that went into effect in July 2020 with updated rules of origin for cars.
President-elect Donald Trump has tossed expansionist rhetoric at U.S. allies and potential adversaries with arguments that the frontiers of American power need to be extended into Canada and the Danish territory of Greenland,
Last year brought some wins for travelers. New rules made it easier for passengers to get refunds if they can’t travel because of flight cancellations or delays. And globe-trotters got more flexibility to renew their passports online. In the new year, travelers should expect a bit more red tape and some extra fees, depending on their destinations.
European stocks closed flat on Monday, having earlier hit a three-month high on expectation Donald Trump would refrain from increasing tariffs on U.S. trading partners as soon as he is inaugurated as president.
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As the EU’s auto industry reels from a slowing Chinese economy and cutthroat competition, analysts caution the worst is yet to come.
Mexican President Claudia Sheinbaum is pulling out all the stops to support the roughly 5 million undocumented Mexicans living in the U.S.
The sale doesn’t end until Tue. Jan 28, but these deals are only available on a first-come, first-served basis.
Prime Minister Johnny Briceño sent a letter formally requesting that Mexico expand its Maya Train seven miles to reach the Belize border.
Allies and adversaries alike are bracing for a US that no longer plays by the old rules - with threats of tariffs, trade wars and territorial expansion
Senator Marco Rubio warned of China’s growing threat, and he backed NATO but said Europe needed to do more to help protect itself. His friendly, five-hour confirmation hearing seemed to all but guarantee he would be the next secretary of state.