politics

One of Trump’s campaign platforms was that the U.S. wasn’t getting fair deals in international trade. His two biggest examples were NAFTA (trade with Canada and Mexico) and trade with China. And in 2018 the media panicked and drove the markets down anticipating that Trump would somehow destroy all trade and the U.S. would plunge the world into another depression. Then in  November 2018 NAFTA (North American Free Trade) was replaced by USMCA (United States-Mexico-Canada-Agreement) which included  new protections for U.S. intellectual property, Digital Trade, Anti-corruption, and Good Regulatory Practices. It also included provisions “Creating a more level playing field for American workers, including improved rules of origin for automobiles, trucks, other products, and disciplines on currency manipulation.”And now six months later the Trump administration is taking on China. But China is not Mexico and it has a lot more clout so where does the U.S. stand in this fight?