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Auto stocks get a boost after the US and Mexico reach an agreement on parts of NAFTA

10 monthes ago   |   By Business Insider

Mark Lyons/Getty Images
Ford, GM, and Fiat Chrysler - the US's largest automakers - all got a boost Monday following the announcement that the US and Mexico reached an agreement on parts of NAFTA.
The new rules could require 75% of a vehicle be sourced from a NAFTA nation, and up to 45% be made by workers receiving $16 per hour.
President Donald Trump had previously threatened new tariffs on Canadian vehicles if no agreement was reached.
Shares of the largest US automakers got a boost Monday after President Donald Trump said the US and Mexico have reached an agreement on elements of NAFTA...
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This NAFTA 'Deal' Is So Stupidly Complicated

This NAFTA 'Deal' Is So Stupidly Complicated

10 monthes ago   |   By Jalopnik

After a year of negotiations over the North American Free Trade Agreement, the U.S. and Mexico have struck a preliminary deal, according to multiple reports , including, surprisingly, a minimum wage requirement put at $16. But it's not quite that simple. Oh, and Canada not only has yet to sign on, it hasn't shown up in...
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The US and Mexico struck an agreement on key parts of NAFTA, moving a step closer to reshaping the massive trade deal

The US and Mexico struck an agreement on key parts of NAFTA, moving a step closer to reshaping the massive trade deal

10 monthes ago   |   By Business Insider

The US and Mexico reached an agreement on parts of the North American Free Trade Agreement.
The deal will retool rules regarding auto manufacturing.
Canada must agree to the new guidelines, and the trio must reach agreements on a handful of outstanding issues before they can reach a deal on a final NAFTA negotiation.
The US and Mexico reached an agreement on elements of the North American Free Trade Agreement, or NAFTA, a move that represents a significant step toward reshaping the landmark trade deal.
According to multiple reports, the two sides came to agreement after five furious weeks...
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The Mexican peso jumps on report the US and Mexico reach preliminary NAFTA deal

The Mexican peso jumps on report the US and Mexico reach preliminary NAFTA deal

10 monthes ago   |   By Business Insider

AP Photo/Luis Alonso Lugo
The Mexican peso was up as much as 1% against the US dollar Monday.
The US and Mexico reportedly reached a preliminary NAFTA deal.
Watch the Mexican peso trade in real time here.
The Mexican peso jumped Monday after the US and Mexico reportedly reached a breakthrough on NAFTA, clearing the way for to an end to sluggish trade negotiations among the two countries and Canada that have dragged on for more than a year.
The peso was up as much as 1% against the dollar after US and Mexican trade negotiators reached an agreement to rewrite key parts of the deal, according...
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