U.S.-Mexico trade deal promising

The American Press

<span>The new trade agreement between the United States and Mexico announced Monday by President Trump and President Enrique Peña Nieto of Mexico, looks promising with improvements on the old North American Free Trade Agreement (NAFTA).</span>

<span>“America has … finally turned the page on decades of unfair trade deals that sacrificed our prosperity and shipped away our companies, our jobs, and our Nation’s wealth,” Trump said.</span>

<span>Peña Nieto congratulated President Trump and getting the deal made and said he hoped that Canada would also join in the agreement.</span>

<span>The new agreement is a bi-lateral agreement between the U.S. and Mexico designed to be more reflective of today’s economic needs, and changes occurring in the 21st Century. The highlights, according to the administration, are:</span>

<span>• New “rules of origin” requirements to incentivize billions of dollars a year in vehicle and automobile parts production in the United States, supporting high-wage jobs.</span>

<span>• The strongest, fully enforceable labor standards of any trade agreement.</span>

<span>• New commitments to reduce trade-distorting polices for agricultural goods.</span>

<span>• Improvements enabling food and agriculture to trade more fairly.</span>

<span>• Strong and effective intellectual property protections.</span>

<span>• The strongest disciplines on digital trade of any international agreement.</span>

<span>• The most robust transparency obligations of any United States trade agreement.</span>

<span>Larry Kudlow, presidential economic adviser, said Tuesday on Fox News’ Fox and Friends program, “It keeps the integrated supply chain going in North America. That is huge for business confidence. It opens up a lot of markets. It protects intellectual property. It actually extends some patents and copyrights for new drugs. All this is very helpful.”</span>

<span>Wall Street’s reaction Monday was also positive, setting a new record high for the stock market when it crossed the 26,000 mark.</span>

<span>Hopefully Congress will also give the United States-Mexico Trade Agreement quick approval, and Canada will not be far behind to reaching a deal as well.</span>””US – Mexico Trade

Local News

Cowboys look to use home stand to climb Southland standings

Local News

Breaking: Man killed in auto-pedestrian accident

Local News

‘We can do better’: Residents say not enough coastal protection in SW La.

Crime

Rash of school bus part thefts in Jeff Davis

Crime

Three LC men arrested in Bossier City robbery of Sulphur man

National News

War fears mount as US draws down Ukraine embassy presence

Local News

Living the Dream: Starks native advises others to ‘sieze every opportunity’

Local News

COVID closures continue to impact childcare providers

Local News

SW La. school lunch menus Jan. 24-28

Local News

Informer: No new mask mandate from governor

Local News

Calcasieu cleanup: Debris in drainage laterals being cleared

Jim Beam

Jim Beam column: What’s next for casting votes?

Local News

Andrew Gallien: Called to share the ‘love and knowledge of God’

Local News

SW La. students named to Northwestern State president’s list

Local News

Jeff Davis scales back on Elton Elementary renovations

Business

SW La. has been fostering budding entrepreneurs for decade

Local News

Calcasieu Police Jury votes on zoning requests

Crime

Deputies searching for driver in Moss Bluff hit-and-run

Local News

United Way of SW La. sheltering community members in area hotels

Crime

1/21: Calcasieu Parish Sheriff announces arrest list

Crime

Sulphur man accused of stealing $367,000 from nonprofit

Local News

Cassidy touts SW La. benefits of infrastructure bill

Local News

Hurst-Trahan: Job lets her focus on her passion – helping people

Local News

Jeff Davis School Board declares critical shortage for several positions