Trump threatens to pull out of NAFTA, but there’s a reason he’s probably bluffing
|11/13/2017||Posted by BusinessMediaguide.Com under General World News||
- President Donald Trump has talked tough on trade, but concrete actions have been more sporadic.
- A new report from Pictet suggests Trump is bluffing when he threatens to pull out of NAFTA.
- The analysis is based on the notion that Trump needs a Republican majority that still mostly favors open trade in order to pass tax cut legislation.
On the semi-bright side, the president has not followed through on his more draconian promises of sharply raising tariffs on imported goods from China and Mexico, although he did read more >>>