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THE TREMENDOUS REJIGGERED UNBELIEVABLE MANUFACTURING PACT (T.R.U.M.P)

THE TREMENDOUS REJIGGERED UNBELIEVABLE MANUFACTURING PACT (T.R.U.M.P)

NAFTA is dead, long live… USMCA? On Sunday evening, Canada agreed at the 11th hour to join a revised NAFTA with the United States and Mexico, now called the US-Mexico-Canada Agreement (USMCA). The three countries will move from a deal that President Trump has called “the single worst trade deal” the United States has ever done to one he says is “the most important trade deal we’ve ever made so far.” A subtle arc. Well, since my fellow Signalista Willis Sparks enjoys writing pieces with lots of acronyms, I’ll pass the mic to him for a quick take…


The key change that the US has won in the agreement – aside from the name – is that it requires automobiles to include more content from North American suppliers and demands that more of each car be made by auto workers who earn at least $16 an hour.

In addition, it opens up a bit more room for US exporters in Canada’s tightly protected dairy market, strengthens intellectual property protections for American companies, and creates a clause that says the deal expires after 16 years and must be reviewed after six.

The single biggest concession Trump made was to preserve a special US-Mexico-Canada panel that rules on tariff grievances among the three signatories. The White House had wanted to scrap that panel altogether, but the Canadians managed to hold the line. Trump has also said that now he won’t hit Mexico and Canada with crippling new auto tariffs (though steel tariffs against Canada are still in place).

The changes here are more than mere tweaks, but far short of an overhaul. Still, there are four reasons why this is a clear political win for President Trump and could reasonably have been called the Triumphantly Rejiggered Unbelievable Manufacturing Pact (T.R.U.M.P).

  • Washington got most of what it wanted here, full stop. Trump’s strategy paid off: he threatened everyone with tariffs, and got Mexico aboard a new agreement back in August, which put pressure on Canada to deal ahead of Sunday's deadline.

 

  • Trump has replaced a deal signed by Bill Clinton with one that will bear his signature.

 

  • Trump – who railed against NAFTA on the campaign trail – can show that that he’s a president who keeps his promises.

 

  • Heading into mid-terms (and looking ahead to 2020) Trump has buried the worst fears of trade disruptions with the US’ second- and third-largest trade partners.

 

Two questions to consider: Following the successful completion of small tweaks to the US trade deal with South Korea and a sort of trade truce with Europe, are we seeing signs that Trump will try to win support from other governments to focus more pressure on China and its trade practices? And would others, after all the unpleasantness, be willing go along with that?

Carbon has a bad rep, but did you know it's a building block of life? As atoms evolved, carbon trapped in CO2 was freed, giving way to the creation of complex molecules that use photosynthesis to convert carbon to food. Soon after, plants, herbivores, and carnivores began populating the earth and the cycle of life began.

Learn more about how carbon created life on Earth in the second episode of Eni's Story of CO2 series.

The long-simmering conflict between Armenia and Azerbaijan over a region called Nagorno-Karabakh erupted over the weekend, with more than 50 killed (so far) in the fiercest fighting in years. Will it escalate into an all-out war that threatens regional stability and drags in major outside players?

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On Tuesday night, you can finally watch Trump and Biden tangle on the debate stage. But you TOO can go head to head on debate night .. with your fellow US politics junkies.

Print out GZERO's handy debate BINGO cards and get ready to rumble. There are four different cards so that each player may have a unique board. Every time one of the candidates says one of these words or terms, X it on your card. First player to get five across wins. And if you really want to jazz it up, you can mark each of your words by taking a swig of your drink, or doing five burpees, or donating to your favorite charity or political candidate. Whatever gets you tipsy, in shape, or motivated, get the bingo cards here. It's fight night!

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Watch Ian Bremmer's Quick Take:

A new war breaking out between Armenia and Azerbaijan, not a new conflict. They've been fighting over contested territory that used to be a part of the Azeri Soviet Socialist Republic. Nagorno-Karabakh was an autonomous region. It was taken by the Armenians. It's a mostly Armenian enclave in terms of population. It's been contested since that military fight. There's been ongoing negotiations. The Azeris a number of months ago tried some shelling. They got pasted. This time around, it's war and for a few reasons.

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Join us tomorrow, September 29th, at 11 am ET for a GZERO Town Hall livestream event, Ending the COVID-19 Pandemic, to learn about the latest in the global hunt for a COVID-19 vaccine.

Watch here at 11am ET: https://www.gzeromedia.com/events/town-hall-ending-the-covid-19-pandemic-livestream/

Our panel will discuss where things really stand on vaccine development, the political and economic challenges of distribution, and what societies need to be focused on until vaccine arrives in large scale. This event is the second in a series presented by GZERO Media in partnership with the Bill & Melinda Gates Foundation and Eurasia Group.

Apoorva Mandavilli, science & global health reporter for the New York Times, will moderate a conversation with:

  • Lynda Stuart, Deputy Director, Vaccines & Human Immunobiology, Bill & Melinda Gates Foundation
  • Rohitesh Dhawan, Managing Director, Energy, Climate & Resources, Eurasia Group
  • Mark Suzman, CEO, Bill & Melinda Gates Foundation
  • Gayle E. Smith, President & CEO, ONE Campaign and former Administrator of the U.S. Agency for International Development

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