All Posts Tagged: imports

U.S. Outlook: U.S., Mexico reach preliminary trade agreement

Scott Anderson
Chief Economist

The 16-year trade deal between the U.S. and Mexico announced by the Trump administration earlier this week sets into motion a series of events that could ultimately lead to an overhaul of the North American Free Trade Agreement (NAFTA), which has been in force between the U.S., Mexico, and Canada since 1994.

Semi truck hauling 8 new cars through a vast field under a partly cloudy sky.It is improbable that future U.S.-Canada trade will not be governed by a trade agreement in one form or another.

For more on this, see highlights of my report below, followed by a link to the full U.S. Outlook, delivered on August 31.

Key observations:
  • Although the deal has yet to be finalized, it includes no resolution on the issue of eliminating the U.S. import tariffs of aluminum and steel from Mexico and Canada.
  • Autos were one of the main sticking points holding up the negotiations.
  • While auto exports to the U.S. are not as important to Canada as they are to Mexico, they were the second biggest goods export to the U.S. in 2017, trailing only mineral fuels.
  • In the short run, the revised trade agreement between Mexico and the United States is not expected to have substantive impacts on the U.S. economy.

Read my full report.

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U.S. Outlook: Q2 GDP is solid; trade a growing downside risk

Scott Anderson
Chief Economist
A container ship in the harbor in Asia

Now that we have the final Q1 GDP data in hand, what does it mean for the U.S. outlook going forward?

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Investment Insights: The U.S. heavyweight comes out swinging

Wade Balliet
Posted by Wade Balliet
Investment Strategy
Black-and-white shot of a male boxer

The fierce trade battle between the U.S. and China has begun to spill over into foreign and economic policies.

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Investment Insights: Trade war’s back on the menu

Wade Balliet
Posted by Wade Balliet
Investment Strategy
Container ship (full) heading away from busy urban port on a blue-green sea.

After a brief lull filled with political summits, the U.S. and China are back at each other’s throats on trade.

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Investment Insights: Excerpts from our Q1 2018 report

Wade Balliet
Posted by Wade Balliet
Investment Strategy
Fortress wall in China with decorative 3-story structure on top.

Volatility, the word that strikes fear into the minds of nervous investors, returned in the first quarter of 2018.

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