• Will NAFTA 2.0 Really Boost Mexican Wages?

    1 month ago - By NPR

    The new trade deal signed by the U.S., Mexico and Canada says much of a car should be built by workers making at least $16 an hour. Some experts are skeptical that will happen anytime soon in Mexico. (Image credit: Pedro Pardo/AFP/Getty Images)
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  • Canada Finance Minister Wants Exporters To Look Further Afield Despite U.S. Deal

    Canada Finance Minister Wants Exporters To Look Further Afield Despite U.S. Deal

    1 month ago - By Fortune

    Despite the recently concluded trade deal between Canada, the United States, and Mexico, Canadian Finance Minister Bill Morneau thinks his country's exporters need to continue looking beyond the southern border for new opportunity.
    Canada sends about 70% of its exports to the United States, accounting for one-fifth of its gross domestic product. That makes the country highly dependent on U.S. trade, a reliance that made the recent trade negotiations to update the landmark NAFTA deal all the more fraught for Canada. (It went as high as 85% in 2000, so Canada has made some progress on that...
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