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TRUMP PREPARES FOR A BUSY MONDAY, PLEDGES NAFTA CHANGES, OTHER EXECUTIVE ORDERS

President Donald Trump addressed future meetings with Canadian Prime Minister Justin Trudeau and Mexico President Enrique Pena Nieto and possible changes to the North American Free Trade Agreement (“NAFTA”). NAFTA came into force on January 1, 1994, creating a trilateral trade block in North America between the United States, Canada, and Mexico. Although it eliminates many tariffs and was designed to create the freest possible trade, President Trump has not been on board with it since his original campaign speeches. However, if the agreement is reworked large companies such as GM may suffer.

Many other executive orders have been discussed in relation to this; including shelving the proposed Trans-Pacific Partnership with Asian nations. Discussions about changes to healthcare and national security are also on the horizon. Lastly, there is the issue of moving the U.S embassy in Israel from Tel Aviv to Jerusalem which he has until the end of May to make a formal decision about.

The gLAWcal Team

LIBEAC project

Wednesday, 25 January 2017

(Source: USA Today)