US And Mexico Reportedly Reach A ‘Preliminary’ NAFTA Deal
Word Has It Trump Will NOT Attend John McCain’s Funeral
August 27, 2018President Trump Makes A HUGE Announcement On NAFTA
August 27, 2018Suddenly, these tweets make so much more sense.
Our relationship with Mexico is getting closer by the hour. Some really good people within both the new and old government, and all working closely together….A big Trade Agreement with Mexico could be happening soon!
— Donald J. Trump (@realDonaldTrump) August 25, 2018
A big deal looking good with Mexico!
— Donald J. Trump (@realDonaldTrump) August 27, 2018
According to recent reports, the US and Mexico have reached a “preliminary” deal on the North American Free Trade Agreement.
“The United States and Mexico have reached agreement to revise key portions of the 24-year-old North American Free Trade Agreement and a preliminary deal could be announced on Monday, a crucial step toward revamping a trade pact that has appeared on the brink of collapse during the past year of negotiations,” the New York Times reported.
US, Mexico reach tentative new NAFTA deal, sources say https://t.co/oJcRAZep5n @AmericaNewsroom pic.twitter.com/UVusPBw8rf
— Fox News (@FoxNews) August 27, 2018
If you recall, that was one of Trump’s original campaign promises.
Following the news, the Nasdaq composite “hit an all-time high.”
BIG -> "Nasdaq hits 8,000 for the first time as US and Mexico move closer to striking NAFTA deal" https://t.co/Us7gDoWBIZ
— Monica Crowley (@MonicaCrowley) August 27, 2018
.@RepRWilliams on NAFTA: "I think we're on the right track and you can already see the markets are reacting accordingly so it's a good thing for us." pic.twitter.com/37cbNtp0Pq
— FOX Business (@FoxBusiness) August 27, 2018
The Nasdaq composite hit an all-time high Monday morning amid news of a restructured NAFTA deal; breaking 8,000 points and inching up 0.6% after negotiators confirmed a revamped agreement was just hours away.
“The Nasdaq Composite climbed 0.6 percent to an all-time high, breaking above 8,000 for the first time, as Facebook, Amazon, Netflix and Alphabet. The Dow Jones Industrial Average rose 214 points as Caterpillar outperformed. The S&P 500 gained 0.6 percent to hit a record high with materials and financials as the best-performing sectors,” writes CNBC.
We’ll update you as we get more details! Time to talk to Canada!
