Deal reached on key Trump USMCA trade deal: Report

[yota691]

Deal reached on key Trump USMCA trade deal: Report
101,385 views•Dec 9, 2019

Fox Business

Sources are telling Fox Business that Trump's USMCA trade deal could finally replace NAFTA in one of the president's key campaign promises.

[coorslite21]

This is great news......let's wait for the details....    CL

[yota691]

The Trump administration reaches agreement with the Democrats on the North American deal

December 10, 2019 8:09 PM
Direct : Democrats in the US House of Representatives with the administration of President Donald Trump reached agreement on a trade deal with Canada and Mexico.

The Trump administration has worked for more than a year to resolve Democrats' concerns about labor enforcement and environmental enforcement tools under the new agreement, known as the United States, Mexico and Canada, which will replace the North American Free Trade Agreement (NAFTA).

"The new agreement is a victory for American workers, and we are very proud of this progress," House Speaker Nancy Polesi said at a press conference on Tuesday.

The Trump administration needs to submit certification legislation to Congress to press ahead with the agreement within 90 days.

In today's tweet, Trump said the trade agreement with Mexico and Canada looked good and would benefit farmers, manufacturers, the energy industry and trade unions.

 

[bostonangler]

Toyota to move Tacoma truck production to Mexico from U.S.

WASHINGTON (Reuters) - Toyota Motor Corp <7203.T> said on Friday it will move production of its mid-size Tacoma pick-up truck from the United States to Mexico as it adjusts production around North America.

The largest Japanese automaker also said it will end production of the Toyota Sequoia in Indiana by 2022 as that facility focuses on mid-size SUVs and minivans.

Toyota will shift production of the Sequoia in 2022 to Texas and that plant will end production of the Tacoma by late 2021.

Toyota has been building Tacoma trucks at its Baja California plant in Mexico since 2004. Last month, Toyota's Guanajuato plant began assembly of the Tacoma.

Toyota said its production capacity for the Tacoma in Mexico will be about 266,000 per year. Last year, the automaker sold nearly 249,000 Tacoma pickup trucks in the United States, up 1.3%.

Toyota said the product moves were to "improve the operational speed, competitiveness and transformation at its North American vehicle assembly plants based on platforms and common architectures."

The new North American trade agreement approved by the U.S. Senate on Thursday ensures that automakers will still be able to build pickup trucks in Mexico without facing new punitive tariffs.

In February, Fiat Chrysler Automobiles NV <FCHA.MI> said it was reversing plans to shift production of heavy-duty trucks from Mexico to Michigan in 2020, freeing a Michigan facility to produce Jeeps.

Toyota said Friday it completed a $1.3 billion modernization investment in its Indiana operations to add 550 jobs. Toyota said there would be no reduction to direct jobs at any of Toyota’s facilities across North America as a result of the vehicle moves.

https://www.yahoo.com/finance/news/toyota-move-tacoma-truck-production-181650278.html

 

 

Sweet, that's one way to keep illegals out, just keep sending them our jobs.... Same as it ever was!

B/A