This ppt will tell you various implications of Donald Trump’s trade policies on the global apparel industry. Check out the full article on http://stitchdiary.com/will-trumps-victory-impact-global-apparel-industry/
This document summarizes some of Donald Trump's major economic policies, including jobs, immigration, taxes, and trade. It discusses Trump's plans to add 25 million jobs over 10 years focusing on manufacturing. On immigration, it outlines Trump's proposals to build a 1,000 mile border wall. On taxes, it describes Trump's plans to simplify income tax brackets and lower the corporate tax rate. Finally, on trade, it discusses Trump's threats of tariffs on China and other countries, but warns that one of Trump's major economic policies - slowing China's growth through restricting imports - could potentially lead to a "global recession" through effects on oil prices, commodities, trade, and corporate business.
This PPT is from a 2017 presentation for AGP at their national convention. It covers the impact on agriculture from Federal Reserve policies, from the incoming Trump administration and from changing agriculture technology. If you want to find out why a finger with bandaid makes Fed policy difficult, contact us here: http://www.andrewbusch.com/?page=contact
Donald Trump has packed his cabinet with advisors who are pro-Taiwan and anti-China. Most notably,
Trump's Anti-China Triumvirate:
Robert Lighthizer - US trade representative
Wilbur Ross - Secretary of Commerce
Peter Navarro - Newly created White House National Trade Council
He says he will withdraw from the TPP and levy a 45% tariff on Chinese imports. This report will explore the impact of these actions on US small businesses.
Will the US election trump the economy in 2017?RBS Economics
With the 2016 US Presidential election approach there have been questions about what this could mean for the US economy in 2017. In this blog, economist Rupert Seggins draws on the historical experience of the US and its G7 peers to offer an answer.
While this time may be different, history suggests that the bar for a President-caused US recession in 2017 is set much higher than may commonly be thought.
Trade Wars and Sanctions: The Sino-American Confrontation and Japan Part 2
Presenter: Hiromi Murakami, Senior fellow at Economic Strategy Institute and Adjunct Professor at Temple University Japan Campus (TUJ)
The document summarizes the ongoing trade wars between several countries. It discusses the trade war between the US and China, with both countries imposing tariffs on billions of goods traded between them. It also covers the trade tensions between the US and Turkey, with the US imposing sanctions on Turkey unless an American pastor detained in Turkey is released. These trade wars are pushing Turkey closer to allying with Iran and Qatar and away from the West. While the US dollar and economy may benefit in the short term, the document argues the trade wars will ultimately weaken US geopolitical influence by strengthening ties between countries opposed to Western interests.
Causes and possible consequences of the us china trade warHüseyin Tekler
When we look at the history of the known humanity, it appears that people started living in communities and that private property has emerged due to the progress of historical conditions. One of the consequences of this outcome is that world history is the scene of many wars and destruction. When it comes to war, it is armed struggles that take place between countries or political groups that come to mind first. Looking at this perspective, we see that the historical development process is also seen as the great majority of battles take place as physical battles, but it has become possible to say that, with great physical battles, technological and economic developments, sword-fighting and armed wars have begun to shift to economic and cultural wars. This new form of war has begun to take place on the stage of history on the basis of economic instruments. As an example of economic warfare, protectionism can be shown by countries in the direction of their own economic interests. It would not be wrong to say that the currency wars and the wars of trade that brought about by the protectionist policies of the countries, especially in the crisis period, will be the most important economic problem of our time. Throughout history, all wars have led to great destruction, and generally underdeveloped countries and poor countries have been affected by these destructions, and it is not wrong to say that the economic wars, as well as physical wars, will effect the least developed countries and the poor countries.
In this analysis, in the light of the historical background of protectionism, a trade war and the possible consequences of this war, which could be caused by the mutually elevated trade walls of the US and China, were examined.
This document summarizes some of Donald Trump's major economic policies, including jobs, immigration, taxes, and trade. It discusses Trump's plans to add 25 million jobs over 10 years focusing on manufacturing. On immigration, it outlines Trump's proposals to build a 1,000 mile border wall. On taxes, it describes Trump's plans to simplify income tax brackets and lower the corporate tax rate. Finally, on trade, it discusses Trump's threats of tariffs on China and other countries, but warns that one of Trump's major economic policies - slowing China's growth through restricting imports - could potentially lead to a "global recession" through effects on oil prices, commodities, trade, and corporate business.
This PPT is from a 2017 presentation for AGP at their national convention. It covers the impact on agriculture from Federal Reserve policies, from the incoming Trump administration and from changing agriculture technology. If you want to find out why a finger with bandaid makes Fed policy difficult, contact us here: http://www.andrewbusch.com/?page=contact
Donald Trump has packed his cabinet with advisors who are pro-Taiwan and anti-China. Most notably,
Trump's Anti-China Triumvirate:
Robert Lighthizer - US trade representative
Wilbur Ross - Secretary of Commerce
Peter Navarro - Newly created White House National Trade Council
He says he will withdraw from the TPP and levy a 45% tariff on Chinese imports. This report will explore the impact of these actions on US small businesses.
Will the US election trump the economy in 2017?RBS Economics
With the 2016 US Presidential election approach there have been questions about what this could mean for the US economy in 2017. In this blog, economist Rupert Seggins draws on the historical experience of the US and its G7 peers to offer an answer.
While this time may be different, history suggests that the bar for a President-caused US recession in 2017 is set much higher than may commonly be thought.
Trade Wars and Sanctions: The Sino-American Confrontation and Japan Part 2
Presenter: Hiromi Murakami, Senior fellow at Economic Strategy Institute and Adjunct Professor at Temple University Japan Campus (TUJ)
The document summarizes the ongoing trade wars between several countries. It discusses the trade war between the US and China, with both countries imposing tariffs on billions of goods traded between them. It also covers the trade tensions between the US and Turkey, with the US imposing sanctions on Turkey unless an American pastor detained in Turkey is released. These trade wars are pushing Turkey closer to allying with Iran and Qatar and away from the West. While the US dollar and economy may benefit in the short term, the document argues the trade wars will ultimately weaken US geopolitical influence by strengthening ties between countries opposed to Western interests.
Causes and possible consequences of the us china trade warHüseyin Tekler
When we look at the history of the known humanity, it appears that people started living in communities and that private property has emerged due to the progress of historical conditions. One of the consequences of this outcome is that world history is the scene of many wars and destruction. When it comes to war, it is armed struggles that take place between countries or political groups that come to mind first. Looking at this perspective, we see that the historical development process is also seen as the great majority of battles take place as physical battles, but it has become possible to say that, with great physical battles, technological and economic developments, sword-fighting and armed wars have begun to shift to economic and cultural wars. This new form of war has begun to take place on the stage of history on the basis of economic instruments. As an example of economic warfare, protectionism can be shown by countries in the direction of their own economic interests. It would not be wrong to say that the currency wars and the wars of trade that brought about by the protectionist policies of the countries, especially in the crisis period, will be the most important economic problem of our time. Throughout history, all wars have led to great destruction, and generally underdeveloped countries and poor countries have been affected by these destructions, and it is not wrong to say that the economic wars, as well as physical wars, will effect the least developed countries and the poor countries.
In this analysis, in the light of the historical background of protectionism, a trade war and the possible consequences of this war, which could be caused by the mutually elevated trade walls of the US and China, were examined.
Threats of trade war between china and usaM S Siddiqui
Free trade has supported the growth of the post-World War II world economy. If an all-out trade war were to break out between major powers, it would rock the foundations for growth. The United States and China are responsible for not only maintaining international security but also stabilizing the world economy.
The document discusses the trade war between the US and China. It provides background on how the conflict began with the US imposing tariffs on $250 billion of Chinese goods and China retaliating with tariffs on $110 billion of US goods. A key reason for tensions is the large US trade deficit with China. The trade war is negatively impacting both economies and global markets. Several rounds of escalating tariffs are outlined from 2018 to 2019.
A systematic approach to the 'Trade War' from accusation to events and consequences. I've kept it relatively simple as the presentation was meant for undergrad students.
us and china trade policy and its impact on indiaRashika Trivedi
The document discusses the trade policy between the US and China and its potential impact on India. It provides background on the growing trade relationship and tensions between the US and China. A trade war could open up opportunities for India as companies look to alternative production locations outside of China. However, India also faces risks from a trade war, including higher import costs, inflation, and potential capital outflows due to rising US interest rates. The effects of a large-scale trade war would also disrupt Asian supply chains and negatively impact economies throughout the region.
The founder of Alibaba Jack Ma said that the war will continue for 20 years. The trade war takes a new tern to a war of supremacy of technology. It has been presumed that the next new administration in Washington even cannot withdraw the trade war and it will continue till the raise of China to number one economy of the world toppling USA or until loss of relevance of such war to both the parties.
The document discusses the trade war between the US and China and its impact on India. It notes that the US imposed tariffs on $250 billion worth of Chinese goods, to which China retaliated with tariffs of $110 billion. This trade war could indirectly help Indian exports like cotton as China finds alternatives. However, it may also lead to higher prices in India from costlier imports, pressure on the rupee, dumping of Chinese goods, and increased oil prices hurting Indian companies. While the trade war presents challenges, India could benefit by improving competitiveness and pursuing reforms to seize new opportunities.
Understanding the US-China Trade Relationship Peachy Essay
The document discusses the economic benefits of trade between the US and China. It finds that trade with China supports around 2.6 million American jobs across industries. While some manufacturing jobs were lost, US exports to China support sectors like agriculture, transportation equipment, and services. Chinese economic growth and rising middle class also create significant opportunities for US companies. However, reforms are still needed in China to remove market barriers. Overall, the study finds that trade with China benefits the US economy through jobs, lower prices, and economic growth.
Setting up risk appetite in a more complex trade environment - 6th Webinar FE...FERMA
Solvay has established a Highly Protected Risk culture to anticipate and mitigate risks. They develop scenarios and response plans for uncertainties. Their risk assessment process involves updating a risk matrix and individual risk sheets with critical risks and mitigation actions. For Brexit, Solvay set up a task force to evaluate risks and opportunities to protect value and stay competitive, even though analysts say Solvay is well positioned due to its diverse portfolio.
The GCC will not be spared, as the region’s governments try to make sense of an untested leader entering at a particularly turbulent time. Yet for all of Mr Trump’s controversy, GCC governments remain tepidly optimistic about his arrival.
The following briefing, put together by our experts in the region, outlines where that optimism comes from and the hidden challenges that the region may face.
The document summarizes how President Trump's policies may impact the GCC region. It discusses areas of potential impact including visa restrictions for some Muslim-majority countries, stronger relations with GCC at the expense of Iran if the Iran nuclear deal is renegotiated, uncertainty around continued US defense support, impacts to trade relationships and oil markets from Trump's "America First" policies, and reputational risks to companies from Trump's use of social media. While some policies may benefit the GCC, others could introduce new economic and political challenges for the region.
The document discusses the ongoing trade war between the US and China. It provides a timeline of key events in US-China trade relations over the past decades leading up to the current trade war. The timeline notes increased trade tensions between the two countries since 2010 as the US-China trade deficit grew significantly. In 2018, President Trump began placing tariffs on Chinese goods, starting the trade war. Both countries have levied over $250 billion and $110 billion in tariffs on each other's goods, respectively. The trade war impacts both countries' economies, with potential losses including unemployment and decreased consumption in the US, and lower exports and stock prices in China.
The document discusses the ongoing trade war between the US and China, its origins and potential consequences. It begins by outlining the agenda, which covers the trade war's drama, megatrends like globalization ending, misconceptions around China, and the underlying hegemony and consequences. It then delves into each topic, noting rising tensions between the economic superpowers and analyzing factors driving the conflict, from long term strategic views to misunderstandings around China's goals and capabilities. Observers believe the trade war could drag on for some time with significant uncertainty for global business.
The document discusses the history of US-China trade relations and the ongoing trade war between the two countries. It provides background on China joining the WTO in 2001 and the growth in trade between the US and China in the following years. However, wage stagnation in the US and China's large trade surplus led to rising tensions. In 2017, the Trump administration launched an investigation and imposed tariffs on Chinese goods. China retaliated with its own tariffs, escalating the trade war. Studies suggest both countries will face economic impacts, while the global economy will also experience effects from the ongoing conflict.
The document summarizes the ongoing trade conflict between the US and China. It discusses key points such as what is trade and tariffs, the recent conflict between the US and China over trade imbalances, and the seen and unseen impacts. The seen impacts are domestic political factors in the US, while the unseen impacts include China's vision for global economic dominance by 2025 through subsidies and technology transfers. The impacts discussed include effects on US and European agriculture, small businesses, consumer prices, and volatility in stock markets. Emerging economies in Southeast Asia may see new opportunities, while recession risks rise globally due to the increased uncertainty from the ongoing trade war.
The document summarizes the ongoing trade war between the US and China. It provides background on tariffs imposed by both countries starting in 2018. The US aims to reduce its trade deficit and maintain market leadership, while China responds in kind and aims to dominate emerging technologies. Effects of the trade war include higher costs for US agriculture and consumers, as well as financial stress, while China faces higher tariffs and decreased demand for its products. The trade war also impacts India through currency fluctuations, stock market declines, increased import duties from the US, and potentially lower oil prices and redirected Chinese investment.
In response to the recent news surrounding the trade war with China, Trade Risk Guaranty has prepared a new webinar explains the nuances around the topic. The presentation covers the following:
- An Update on the Current State of Import Tariffs
- Section 232: Autos and Auto Parts
- Section 301: List 3 Increase to 25%
- Section 301: List 4 Announcement
- Bond Sufficiency
- What's Next with Negotiations with China?
- The Exclusions Released for List 1
The ongoing tradewar between US and China is reaching alarming proportions and has to be seen as a war for international supremacy in Technology and Power
Donald Trump is an American real estate developer and businessman who owns the Trump Organization. Some of his business ventures include real estate development, hospitality, entertainment, and branding deals. He graduated from the Wharton School of the University of Pennsylvania and took over his father's real estate business in 1971. Trump is known for his lavish lifestyle and real estate projects in New York City as well as his reality television show The Apprentice. While some of his ventures have ended in bankruptcy, he prides himself on his ability to recover from setbacks and think ambitiously.
Global Meltdown and it's effects on IndiaAmol Shenvi
The document summarizes the global financial crisis of 2008 and its impact on India. It describes how the crisis originated from a housing bubble and bad debt in the US banking system. This led to a severe global economic recession. While foreign investments pulled out of India and exports declined, India was less impacted than other countries due to its large domestic market accounting for 80% of GDP. The government announced economic stimulus packages. Overall, while some sectors slowed, India remained the second fastest growing economy. The crisis also created new outsourcing and investment opportunities for India.
Threats of trade war between china and usaM S Siddiqui
Free trade has supported the growth of the post-World War II world economy. If an all-out trade war were to break out between major powers, it would rock the foundations for growth. The United States and China are responsible for not only maintaining international security but also stabilizing the world economy.
The document discusses the trade war between the US and China. It provides background on how the conflict began with the US imposing tariffs on $250 billion of Chinese goods and China retaliating with tariffs on $110 billion of US goods. A key reason for tensions is the large US trade deficit with China. The trade war is negatively impacting both economies and global markets. Several rounds of escalating tariffs are outlined from 2018 to 2019.
A systematic approach to the 'Trade War' from accusation to events and consequences. I've kept it relatively simple as the presentation was meant for undergrad students.
us and china trade policy and its impact on indiaRashika Trivedi
The document discusses the trade policy between the US and China and its potential impact on India. It provides background on the growing trade relationship and tensions between the US and China. A trade war could open up opportunities for India as companies look to alternative production locations outside of China. However, India also faces risks from a trade war, including higher import costs, inflation, and potential capital outflows due to rising US interest rates. The effects of a large-scale trade war would also disrupt Asian supply chains and negatively impact economies throughout the region.
The founder of Alibaba Jack Ma said that the war will continue for 20 years. The trade war takes a new tern to a war of supremacy of technology. It has been presumed that the next new administration in Washington even cannot withdraw the trade war and it will continue till the raise of China to number one economy of the world toppling USA or until loss of relevance of such war to both the parties.
The document discusses the trade war between the US and China and its impact on India. It notes that the US imposed tariffs on $250 billion worth of Chinese goods, to which China retaliated with tariffs of $110 billion. This trade war could indirectly help Indian exports like cotton as China finds alternatives. However, it may also lead to higher prices in India from costlier imports, pressure on the rupee, dumping of Chinese goods, and increased oil prices hurting Indian companies. While the trade war presents challenges, India could benefit by improving competitiveness and pursuing reforms to seize new opportunities.
Understanding the US-China Trade Relationship Peachy Essay
The document discusses the economic benefits of trade between the US and China. It finds that trade with China supports around 2.6 million American jobs across industries. While some manufacturing jobs were lost, US exports to China support sectors like agriculture, transportation equipment, and services. Chinese economic growth and rising middle class also create significant opportunities for US companies. However, reforms are still needed in China to remove market barriers. Overall, the study finds that trade with China benefits the US economy through jobs, lower prices, and economic growth.
Setting up risk appetite in a more complex trade environment - 6th Webinar FE...FERMA
Solvay has established a Highly Protected Risk culture to anticipate and mitigate risks. They develop scenarios and response plans for uncertainties. Their risk assessment process involves updating a risk matrix and individual risk sheets with critical risks and mitigation actions. For Brexit, Solvay set up a task force to evaluate risks and opportunities to protect value and stay competitive, even though analysts say Solvay is well positioned due to its diverse portfolio.
The GCC will not be spared, as the region’s governments try to make sense of an untested leader entering at a particularly turbulent time. Yet for all of Mr Trump’s controversy, GCC governments remain tepidly optimistic about his arrival.
The following briefing, put together by our experts in the region, outlines where that optimism comes from and the hidden challenges that the region may face.
The document summarizes how President Trump's policies may impact the GCC region. It discusses areas of potential impact including visa restrictions for some Muslim-majority countries, stronger relations with GCC at the expense of Iran if the Iran nuclear deal is renegotiated, uncertainty around continued US defense support, impacts to trade relationships and oil markets from Trump's "America First" policies, and reputational risks to companies from Trump's use of social media. While some policies may benefit the GCC, others could introduce new economic and political challenges for the region.
The document discusses the ongoing trade war between the US and China. It provides a timeline of key events in US-China trade relations over the past decades leading up to the current trade war. The timeline notes increased trade tensions between the two countries since 2010 as the US-China trade deficit grew significantly. In 2018, President Trump began placing tariffs on Chinese goods, starting the trade war. Both countries have levied over $250 billion and $110 billion in tariffs on each other's goods, respectively. The trade war impacts both countries' economies, with potential losses including unemployment and decreased consumption in the US, and lower exports and stock prices in China.
The document discusses the ongoing trade war between the US and China, its origins and potential consequences. It begins by outlining the agenda, which covers the trade war's drama, megatrends like globalization ending, misconceptions around China, and the underlying hegemony and consequences. It then delves into each topic, noting rising tensions between the economic superpowers and analyzing factors driving the conflict, from long term strategic views to misunderstandings around China's goals and capabilities. Observers believe the trade war could drag on for some time with significant uncertainty for global business.
The document discusses the history of US-China trade relations and the ongoing trade war between the two countries. It provides background on China joining the WTO in 2001 and the growth in trade between the US and China in the following years. However, wage stagnation in the US and China's large trade surplus led to rising tensions. In 2017, the Trump administration launched an investigation and imposed tariffs on Chinese goods. China retaliated with its own tariffs, escalating the trade war. Studies suggest both countries will face economic impacts, while the global economy will also experience effects from the ongoing conflict.
The document summarizes the ongoing trade conflict between the US and China. It discusses key points such as what is trade and tariffs, the recent conflict between the US and China over trade imbalances, and the seen and unseen impacts. The seen impacts are domestic political factors in the US, while the unseen impacts include China's vision for global economic dominance by 2025 through subsidies and technology transfers. The impacts discussed include effects on US and European agriculture, small businesses, consumer prices, and volatility in stock markets. Emerging economies in Southeast Asia may see new opportunities, while recession risks rise globally due to the increased uncertainty from the ongoing trade war.
The document summarizes the ongoing trade war between the US and China. It provides background on tariffs imposed by both countries starting in 2018. The US aims to reduce its trade deficit and maintain market leadership, while China responds in kind and aims to dominate emerging technologies. Effects of the trade war include higher costs for US agriculture and consumers, as well as financial stress, while China faces higher tariffs and decreased demand for its products. The trade war also impacts India through currency fluctuations, stock market declines, increased import duties from the US, and potentially lower oil prices and redirected Chinese investment.
In response to the recent news surrounding the trade war with China, Trade Risk Guaranty has prepared a new webinar explains the nuances around the topic. The presentation covers the following:
- An Update on the Current State of Import Tariffs
- Section 232: Autos and Auto Parts
- Section 301: List 3 Increase to 25%
- Section 301: List 4 Announcement
- Bond Sufficiency
- What's Next with Negotiations with China?
- The Exclusions Released for List 1
The ongoing tradewar between US and China is reaching alarming proportions and has to be seen as a war for international supremacy in Technology and Power
Donald Trump is an American real estate developer and businessman who owns the Trump Organization. Some of his business ventures include real estate development, hospitality, entertainment, and branding deals. He graduated from the Wharton School of the University of Pennsylvania and took over his father's real estate business in 1971. Trump is known for his lavish lifestyle and real estate projects in New York City as well as his reality television show The Apprentice. While some of his ventures have ended in bankruptcy, he prides himself on his ability to recover from setbacks and think ambitiously.
Global Meltdown and it's effects on IndiaAmol Shenvi
The document summarizes the global financial crisis of 2008 and its impact on India. It describes how the crisis originated from a housing bubble and bad debt in the US banking system. This led to a severe global economic recession. While foreign investments pulled out of India and exports declined, India was less impacted than other countries due to its large domestic market accounting for 80% of GDP. The government announced economic stimulus packages. Overall, while some sectors slowed, India remained the second fastest growing economy. The crisis also created new outsourcing and investment opportunities for India.
The US is China’s number one export partner. For most of the last eight years, China has been the largest holder of US debt. The two countries are closely linked economically. As the world’s number one and number two economies, trade between these giants effects the entre globe. Donald Trump is accusing China of currency manipulation and unfair trade, vowing to remove the US from the Transpacific Partnership and to levy a 45% tariff on Chinese products. He is also threatening a 35% tax on US companies who export jobs to China. This presentation will explore these concepts in detail as well as look at the possible outcome of a trade war between the US and China.
Donald Trump was born in 1946 in Queens, New York. He is the CEO of the Trump Organization, a large real estate development company based in New York City. Some of the Trump Organization's holdings include hotels, golf courses, and casinos. One of their most successful casinos is the Trump Taj Mahal in Atlantic City, New Jersey. Trump is also the executive producer and host of the television show "The Apprentice".
President-elect Donald J. Trump will enter the White House having promised to radically alter United States foreign policy, with ramifications for Americans and the world.
But it’s not yet clear how. Mr. Trump offered vague and sometimes contradictory proposals during his campaign, with few of the typical details or white papers. Voters, foreign policy professionals and the country’s allies are all, to a real extent, left guessing.
Here, then, is a rundown of what we know about Mr. Trump’s foreign policy ideas and what some experts say about their feasibility and likely ramifications.
HBKipedia is a student-created site with facts and opinions about Donald Trump, the 45th President of the United States. It is produced by 15,000 students across 8 locations under the guidance of 1,100 educators.
The global economy effects on commodity dependent countries like zambiaKampamba Shula
On the 17th of November 18, 2016 I made a presentation at the FNB Financial Journalism academy on “The Global Economy Effects on Commodity dependent countries like Zambia”. It was well received. Below are some of the highlights
Tea From China to Japan , Europe to India a history report by Allah Dad Khan Mr.Allah Dad Khan
The document provides a timeline of the history of tea from its origins in China in 2737 BC to its spread around the world. It traces how tea was discovered in China, became popular there, and was then introduced to Japan via Buddhist monks in the 6th century AD. It spread from China along the Silk Road to countries like India, Turkey, and Russia. European powers like the Dutch and British later played a key role in the 17th-18th centuries in establishing tea trade with China and then spreading tea consumption to their colonies.
The document discusses trade routes and civilizations in the ancient world. It describes how the Phoenicians developed an alphabet that influenced Greek and Roman scripts and their purple dye made from sea snails. It also outlines Roman trade routes and the Silk Road for transporting goods like spices, silk, and incense between China, Rome, and Africa. Petra in Jordan grew wealthy from the spice trade and carved structures into the rock faces.
The document discusses the Silk Road and how it connected the ancient world through trade. It describes the Silk Road as a caravan of trade routes across Asia that diffused religions like Buddhism and spread technology. Nomadic tribes played a key role in establishing some of the earliest trade along the routes that would become the Silk Road, connecting places like China, India, the Mediterranean, and Europe. The Silk Road allowed for global exchange and cultural blending that created new cultural elements, similar to how the modern globalized economy has led to widespread cultural diffusion and exchange.
Donald Trump is a 69-year old business magnate and current Republican presidential candidate known for his controversial remarks. Some key facts about Trump include that he has filed for bankruptcy four times for his companies but argues they prospered after, he does not drink alcohol or smoke due to his older brother's death from alcoholism, and he once had a celebrity shaving bet with WWE chairman Vince McMahon that resulted in McMahon getting his head shaved.
The document summarizes some of the major historical and modern trade routes in Asia. It describes several ancient trade routes that developed as early as 1500 BC, including the Incense Route connecting India, the Middle East, and East Asia, the Silk Road connecting Eastern and Western civilizations, and the Grand Trunk Road connecting India and Pakistan. It then discusses some key modern trade routes, noting that China is emerging as a major trading nation and developing extensive infrastructure. Modern routes move large volumes of trade via road, rail, sea, and air networks.
The Royal Bank of Scotland is the second largest bank in the UK and sixth largest in the world. It is headquartered in Edinburgh, Scotland and was founded in 1727. The document provides details about RBS's organizational structure, branches worldwide, local network in Pakistan, and corporate information about its leadership and operations in Pakistan. It also includes a PEST analysis that discusses political, economic, social, technological and other external factors that could impact RBS.
The economic success of the Asian Tigers resulted from their own efforts. Each country largely followed the Japanese model of export-led development: they began with exports of the cheapest products, educated their citizens so that they would be knowledgeable workers, and then increased the value of the products that were being exported. Today, South Korea, for instance, is the home of technology giants Samsung and LG, both of which have benefited immensely from government policies that promoted education. Singapore, meanwhile, has become a global trading and banking hub-another example of expertise in a high-value industry.
Donald Trump was born in 1946 in Queens, New York. He is a real estate developer and entrepreneur who started his career working with his father. Trump has been married three times and has five children. Some of his accomplishments include building Trump Tower and authoring several books. He advises being motivated, having big dreams and a plan, and not mixing family and professional life.
Will the New Era of Trade Protectionism Under the Trump Regime Make America G...Christiana Wu
Trump's trade policies aim to reduce trade deficits and bring manufacturing jobs back to the US. This includes withdrawing from TPP, renegotiating NAFTA, and imposing import taxes. While this may boost domestic industry in the short run, it could also spark trade wars and slow economic growth in partner countries like Mexico and China. The long term economic impacts are unclear as free trade has both benefits and costs for different sectors of the economy.
The document summarizes the North American Free Trade Agreement (NAFTA) between the US, Canada, and Mexico. It discusses the objectives and provisions of NAFTA, which include eliminating tariffs and quotas, liberalizing investment rules, and protecting intellectual property. The document also notes potential problems with NAFTA, such as job losses and worker displacement in the US due to lower wages in Mexico putting US industries at a competitive disadvantage.
This document discusses NAFTA (North American Free Trade Agreement) and its impacts. It was implemented in 1994 to gradually eliminate tariffs and trade barriers between the US, Canada, and Mexico. There was opposition from labor unions and farmers who were concerned about job losses. The impacts of NAFTA included increased trade volumes but also job losses as some industries moved production to Mexico. Mexico benefited from increased foreign investment and exports but also faced issues like rural poverty and migration to the US. The impacts on each country were mixed and some argue that NAFTA did not fulfill all of its original promises.
How nafta has helped american manufacturingNovaLink
If you have enjoyed prosperity with competitive goods from your business, and care about the future of American manufacturing, you should be supporting NAFTA.
The real trump not understood by presstitutes or being attacked for ulterior ...Agha A
This document discusses how the mainstream media and political establishment do not fully understand Donald Trump and may be attacking him for ulterior motives. It argues that Trump aims to empower everyday Americans rather than large corporations. The document also criticizes how foreign policy has been conducted and suggests Trump may help reform issues like trade agreements, immigration, and national security.
Story of north american free trade agreement nafta its success and failureIAEME Publication
This document summarizes a research article that evaluates the success and failures of the North American Free Trade Agreement (NAFTA) since its implementation in 1994. Some key points:
- NAFTA created the world's largest free trade area and led to significant economic growth in all three member countries from 1993-2003 and increased trade volumes. However, it also contributed to growing US trade deficits with Mexico and Canada and the loss of approximately 1 million American jobs.
- The agreement succeeded in increasing exports, investment, and economic integration between the US, Canada, and Mexico. However, it failed to meet promises to create new jobs in the US and contributed to growing income inequality and worker displacement in Mexico.
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FIN348 - How U.S.-China Trade War has Affected Their IndustryNurulainRizal
The document provides a summary of the U.S.-China trade war that began in 2018. It discusses the key events and escalations between the two countries over tariffs. The trade war impacted both economies through effects like higher costs of goods and lower GDP. Industries like automobiles, agriculture and technology that relied on trade between the countries were significantly affected. While both sides suffered economic consequences, resolving the trade tensions will require both countries to cooperate and make concessions.
This document analyzes the potential impacts of President Trump's policies on General Motors. It first provides an overview of Trump's presidency and some of his key policies, such as renegotiating NAFTA, imposing border taxes, and lowering corporate taxes. It then analyzes the automotive industry and how Trump's policies could affect Porter's five forces. Finally, it assesses General Motors specifically and how political risks from Trump's policies could impact the company's financial forecasts and valuation. The overall recommendation is to weak hold or moderately sell GM stock due to risks from political unpredictability under President Trump.
Donald Trump's policies as President have created uncertainty for many Indian students and professionals. His executive orders restricted immigration from several Muslim-majority countries, increased immigration enforcement, and proposed changes to H-1B visas that would make it harder for skilled foreign workers, especially Indians who make up most H-1B visa holders. His policies have also been linked to a rise in racist attacks against Indians in the US. Indian leaders have expressed concerns about the effects on the Indian diaspora in America and bilateral relations.
This document provides an overview of the North American Free Trade Agreement (NAFTA). It discusses the history and purpose of NAFTA, signed in 1994 to eliminate trade barriers and facilitate cross-border movement of goods between the US, Canada, and Mexico. The document outlines some of NAFTA's main objectives like granting most favored nation status and eliminating barriers to trade. It also discusses both the advantages of NAFTA like increased trade and foreign investment, and the disadvantages like job losses in some US industries that moved production to Mexico to lower costs.
The document discusses the North American Free Trade Agreement (NAFTA) and its implications. It notes that NAFTA was intended to foster trade between the US, Canada, and Mexico by eliminating barriers, but that changes under the Trump administration aimed to reduce the US trade deficit. While protectionists argue this could boost the US economy, others believe increased tariffs would hurt consumers and reduce the GDP. The document examines trade data and provides analyses of potential economic impacts of tariffs.
NAFTA is a trade agreement between Canada, Mexico, and the United States that provides for the elimination of tariffs on goods shipped between the three countries. It was implemented in 1994 with the goals of solidifying trade relationships, reducing inflation and foreign debt in Mexico, and creating more jobs. Initial reactions to NAFTA were mixed, as Mexico experienced a peso crisis but trade increased. Long term impacts include growth in some sectors, job losses and gains in different countries, increased immigration, and environmental agreements along the US-Mexico border. Debates continue around impacts on sectors like agriculture, trucking, and the future of NAFTA expansion.
The North American Free Trade Agreement (NAFTA) was established in 1994 between Canada, Mexico, and the United States. It aimed to eliminate trade barriers such as tariffs between member countries over time. While NAFTA helped increase trade integration between the countries, it did not achieve major reductions in poverty in Mexico or job losses feared in the United States. The impact of NAFTA on employment and trade deficits was smaller than expected, with other global factors also influencing trade patterns. NAFTA benefited Canada the most through higher economic growth rates compared to the United States.
The document analyzes the impact of the North American Free Trade Agreement (NAFTA) on the textile and apparel (T&A) industry in the US. NAFTA aimed to eliminate trade barriers between the US, Canada, and Mexico to increase economic growth and jobs. While NAFTA benefited consumers through increased trade and variety of affordable goods, it had mixed results for the T&A industry. It contributed to job losses in US apparel manufacturing but increased exports of US yarn and integration of NAFTA country firms. Overall, NAFTA opened new markets for T&A trade but also increased competition from Mexico and other lower-cost countries.
The document discusses differing perspectives on the impact of the North American Free Trade Agreement (NAFTA). Supporters argue that NAFTA increased U.S. exports, jobs supported by exports, and environmental protections in member countries. Critics contend that NAFTA cost American jobs by encouraging companies to relocate production to Mexico to access cheaper labor. The document also examines arguments that NAFTA negatively impacted Mexican farmers and small businesses by increasing competition, and Mexican workers by contributing to an influx of undocumented immigrants to the U.S. labor market. While supporters cite data finding positive economic effects, critics dispute these findings and believe NAFTA's true goal was to empower corporations at the expense of workers' rights.
9 International Trade and Immigration Elite–Mass ConflictThe eli.docxevonnehoggarth79783
9 International Trade and Immigration Elite–Mass Conflict
The elite model portrays public policy as a reflection of the interests and values of elites. The model does not necessarily require that elites and masses be locked in conflict—conflict in which elites inevitably prevail at the expense of masses. Rather, the model envisions elites determining the direction of public policy, with the masses largely apathetic and poorly informed and/or heavily influenced by elite views. The model also acknowledges that elites may choose to pursue “public regarding” policies that benefit masses. Nonetheless, critics of the elite model often demand proof of elite–mass conflict over public policy and the subsequent shaping of policy to reflect elite preferences over mass well-being. Indeed, critics often demand proof that elites knowingly pursue policies that benefit themselves while hurting a majority of Americans. While this is not a fair test of elite theory, there is ample evidence that on occasion elites do pursue narrow self-serving interests.
In describing immigration and international trade policy, we rely on the elite model. Arguably, U.S. policy, especially in international trade, serves the interests of the nation’s largest multinational corporations at the expense of average American workers. We will argue that global trade policies have lowered average earnings and increased inequality in America. We will also argue that masses and elites have very different policy preferences regarding immigration.
The Global Economy
International trade—the buying and selling of goods and services between individuals and firms located in different countries—has expanded very rapidly in recent decades. Today, almost one-quarter of the world’s total output is sold in a country other than the one in which it was produced. Today the United States exports about 12 percent of the value of its gross domestic product (GDP) and imports about 17 percent.1 Exports and imports were only about 10 percent of GDP in 1980 (see Figure 9–1). Global competition heavily impacts the American economy.
FIGURE 9–1 U.S. World Trade
The “trade deficit”—the difference between what Americans import from abroad and what they export—has become wider over the years.
SOURCE: Bureau of Economic Analysis, www.bea.gov.
Currently, America’s leading trading partners are Canada, Mexico, China, Japan, Germany, Taiwan, Great Britain, South Korea, France, and Italy (see Figure 9–2). Note that some of these nations (Canada, Japan, Germany, for example) are advanced industrialized economies not unlike our own. But trade with developing countries (Mexico, China, Taiwan, South Korea, for example) is growing rapidly. And, as we shall see, it is trade with these nations that raises the most serious problems for America’s labor force.
Years ago America’s principal imports were oil and agricultural products not grown in the United States, for example, coffee. Today, however, our largest dollar-value import.
United States Trade Policy Update – and the impact on NAFTA and TPPJason Prescott
The document provides an overview of U.S. trade policy under the Trump Administration and its potential impacts. It discusses actions taken so far, including withdrawing from TPP, renegotiating NAFTA and KORUS, imposing tariffs on steel/aluminum and $50 billion of Chinese goods, and considering further tariffs. It notes business concerns over the rising protectionism and uncertainty. Looking ahead, it suggests the potential for more trade restrictions and enforcement actions, as well as uncertainty around ongoing negotiations and the future of the WTO.
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3. On December 8, 1993, then US president Clinton signed an
agreement with Canada and Mexico. This was called NAFTA
(North American Free Trade Agreement) where the
participating countries (US and Mexico) forgoes tariffs on
imported goods originating in other NAFTA countries and this
came into effect on January 1, 1994 (naftanow.com). Thus, US
lifted tariffs on about 30% of apparel imports from Mexico.
4. How did NAFTA help?
NAFTA accelerated apparel manufacturing in
Mexico and resulted in lower prices for
US consumers. As a result, US exports of textiles
and apparel to Mexico increased by 79% between
1993 and 1996, increasing from $1.6 billion to $2.8
billion, despite Mexico’s recession.
5. Implication on NAFTA post US election?
Trump has stated to put a 35% tariff on some Mexican goods.
In addition, he has said he would round up and send home up
illegal immigrants living and working in America, 5 million of whom
are thought to be Mexican. If implemented in full, the impact on
the Mexican economy of these policies would be profound. Trade
between the US and Mexico would slow, factories would close,
foreign direct investment flows would dry up and millions of
repatriated workers would have to be absorbed into the Mexican
workforce. US consumers would see the price of some goods
rise(theguardian.com).
7. Trump plans to impose 45% tariff on Chinese imports.
Also, to note that America is the largest importer of
apparel from China (about 35%).
8. Implications of the tariff?
In general, the president, acting unilaterally via executive
action, can only impose tariffs of up to 15% and for 150 days
to combat balance of payments deficits. This clause was used
by President George W. Bush in 2002 to combat under-priced
imports of steel; tariffs were priced at 8-30%. As a result, the
U.S. angered trading partners and was held in violation of
WTO commitments. (Forbes.com)
Putting 45% tariff on all imported goods from China is against
the trade of terms of WTO. This might result in US
withdrawal from WTO.
10. On 4 February, 2016, an agreement was signed among
12 of the Pacific Rim countries (Singapore, Brunei, New
Zealand, Chile, US, Australia, Peru, Vietnam, Malaysia,
Mexico, Canada and Japan) which account for 40% of
the world’s economy. This was called TPP (Trans-Pacific
Partnership) where tariff between US and 11 involved
nations was lowered. (BBC.com)
11. How would TPP have helped?
TPP would have reduced the cost for manufacturers
which would have trickled down to the consumers as well.
12. Implication on TPP post US election?
Trump made it clear that he was against TPP and would
withdraw America’s participation. This could result in a
blow to countries like Vietnam which counts to America
for nearly 50% of its textile and garment turnover
(inspectorio.com) and could suffer lowest growth rate
in nearly a decade.
14. On 1 January 2006, an agreement was signed between
US and Bahrain. This was called The United States- Bahrain
Free Trade Agreement which allows the textiles and
apparel exported from Bahrain a duty-free access to the
US market.
15. How did FTA help?
Tariffs on textiles and apparel trade were eliminated
immediately, promoting new opportunities for U.S. and
Bahraini fiber, yarn, fabric, and apparel manufacturing.
16. Implication on FTA post US election?
If Trump carries forward his vision to cut the imports in the US to develop
manufacturing jobs at home, the Gulf apparel industry is bound to feel a
setback. The Tariff Preference Levels or TPLs enjoyed by Bahrain are set to
expire in 2016 and with trump in the hot seat, renewal of the same cannot
be guaranteed. The apparel manufacturers in Bahrain rely on these TPLs
because 100% of their exports are to the US, and they mostly source their
fabrics and yarns from third-party countries like China. Now, these apparel
manufacturing firms are mostly owned by foreign firms. Thus, if Trump is still
reluctant towards China’s involvement and America’s imports of finished
goods, the foreign owner companies will take away their investments from
the Gulf nations, therefore affecting the Gulf Apparel industry hugely.
17. To read the full article,
visit www.stitchdiary.com
18. References:
1. Frequently asked questions. Retrieved from NAFTANOW.org (http://www.naftanow.org/faq_en.asp#faq-1)
2. Sommer, H. (2008, June 16). The Economic benefits of NAFTA to the United States and Mexico. Retrieved from
(http://www.ncpa.org/pub/ba619)
3. Elliott, L. (2016, November 9). How America’s new president will affect the global economy. Retrieved from
(https://www.theguardian.com/business/2016/nov/09/donald-trump-new-us-president-america-global-
economy-china-mexico)
4. HSU, S. (2016, November 14). How far can Trump go on Chinese trade policy. Retrieved from
http://www.forbes.com/sites/sarahsu/2016/11/14/how-far-can-trump-go-on-chinese-trade-
policy/#55f175913281
5. TPP: What is it and why does it matter? (2016, November 22). BBC News. Retrieved from
http://www.bbc.com/news/business-32498715
6. How will President Trump affect the apparel supply chain? (2016, November). Inspectorio.com. Retrieved from
http://blog.inspectorio.com/how-will-president-trump-affect-the-apparel-supply-chain
7. Study on the Operation and Effects of the North American Free Trade Agreement. (July 1997). Retrieved from
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