June 10, 202612:07 PM EDT:
WASHINGTON, June 10 (Reuters) - U.S. President Donald Trump said on Wednesday that he might not renew the USMCA free trade deal with Canada and Mexico. Speaking at the White House, the president said he was discussing the matter with Mexican and Canadian leaders.
Reporting by Bo Erickson and Gram Slattery; Editing by Doina Chiacu
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Thank you. This is interesting information.
No problem! Glad to hear someone else appreciates it the same way.
One explanation would basically be cronyism in a country where there’s endemic corruption and the government intervenes a lot, and however it wants. It’s a pretty classic story from economies all over.
The funny thing about that is that the CCP actually tends to leave certain sectors alone, more than the West even would. It’s like a hybrid Confucian/Maoist thing where they don’t want to concern themselves with the merchant class. (All I have for evidence on that one is hearsay, sorry)