Jeff Ferry is Research Director at the Coalition for a Prosperous America… GM announced positive earning reports while deciding to shutter 5 US assembly plants, discontinue car production and offshore more manufacturing to Mexico. Is that really winning? It’s a trend that’s been in place for nearly 40 years, but Jeff is hopeful that the new USMCA deal will help raise wages and competitiveness of the US economy. Things are starting to heat up in China and the question is whether compromise will lead to an agreement. Right now it’s anyone’s guess. Trade is a evolving issue.
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