Trade Agreement: Trade Policy and American Manufacturing

trade agreement: Negotiations with China are ongoing and, about a year after Trump signed his replacement for the North American Free Trade Agreement, Congress still hasn't voted to ratify the deal, according to CNN. Key events in Trump's China trade talks And his longstanding pledge to revive American manufacturing through a muscular trade policy took another hit Monday with new data showing that the sector continued to slow for a fourth straight month. The President has made striking new trade deals that protect US industries a top priority, but two of his key agreements haven't been settled. US manufacturing is stuck in a mild recession with little prospect of a real near-term revival, said Ian Shepherdson, chief economist at Pantheon Macroeconomics, in a note Monday. It's challenging for those business owners engaged in trade to make investments and pricing decisions when they don't know how long tariffs will last. While job growth and consumer spending remain strong, keeping the US economy moving, trade uncertainty has been a drag on business growth. (news.financializer.com). As reported in the news.