Visit Waupaca Foundry at Metalcasting Congress, booth #538 in Milwaukee, Wisconsin from April 25-27, 2017.
White House Releases Its Plans for Remaking Nafta - WSJ
The Trump administration released its road map for remaking the North American Free Trade Agreement that aims to preserve “Buy America” provisions and reduce the U.S. trade deficit, but steps back from some of President Donald Trump’s most fiery campaign rhetoric on trade. Faced with a drop in political support, the White House is focusing this week on “Made in America” products in an effort to shore up support among voters skeptical of free trade and globalization. The U.S., Mexico and Canada may now begin talks in 30 days. U.S. officials say they would like to finish the talks by January, before the Mexican presidential campaign and U.S. midterm elections heat up.
Trumpism and Global Sourcing
Globalization, a seemingly unstoppable trend until last year, suddenly looks less inexorable as President Donald Trump moves to put "America First," and the United Kingdom leaves the European Union. These abrupt policy shifts are forcing executives to rethink strategies based on global economic integration, particularly cost-efficiency initiatives that rely on outsourcing or offshoring business processes.