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Still causing jenners in the auto market for obvious reasons as of the end of april the United States had a total trade value with mexico of just over 203000000000. 00 which the us accounted for importing 58 percent of that total this imbalance has put the us at a nearly 31000000000. 00 deficit with mexico just in 2019 i want comes to autos the contrast is even more stark with 2 of the 3 top imports to the u. S. Being Motor Vehicles and car parts respectively through the end of april this sector accounted for more than 21000000000. 00 worth of imports according to data from the u. S. Census bureau so while automakers can get a gasp of relief for now what could a scenario a terrorist look like in a sucher so reliant on trade here to help us break it all down is lauren fix the car coach lauren welcome back lauren autos were the major stakeholder considered at risk in this sort o ....
York times quickly pointed out that the agreement mostly repackaged or accelerated previous mexican commitments no reference can be found in the text of the agreement for mr trumps claim that mexico committed to major new purchases of u. S. Agriculture products mr trump also signaled he may need a new his Terror Threats over migration issues in the future mexican president Manuel Lopez Obrador reacted to the agreement. Im very satisfied with the deal that was reached with the United States very happy because hes avoided a crisis an economic Financial One when it was no small thing to represent as economists even the ones we dont see eye to eye with the impact that would result from the tariffs. And although tariffs on mexico have been avoided for the time being t ....
The inquiry loses all of it done and then some. But the administration has done and the president will outline a stratified away from all the u. S. Companies that do business abroad and reincorporate abroad to escape the high taxes here. Already some are saying you just cant do this. In order to disincentive as companies are thinking about going abroad, but i could do Something Like lowering the tax rate here is that they are not tempted to do so. That is another matter. The administration taken light into its own hands and we been up for future president or future administrator down the road to haggle over the details. For now it is put in a very big damper on deals in general, and especially those that involve transactions abroad that will call for reincorporating u. S. Companies. This is something on the same day we have ford motor co. Want to beef up its operations in mexico. And trump said go ahead and do that. When they come ....
Might strain storage limits. A strike in the oil patch may be over. The union has less workers and has reached a you with royal dutch shell. The united steelworkers say they are getting paid and health care increases. Federal officials want to know if bill ackman tried to manipulate herbalife stock. The fbi says that he and people working for him are being investigated. He made a billiondollar bet against herbalife shares. Ackman claims that herbalife marketing is effectively a pyramid scheme. Herbalife has lost about half of its value in the past year. Well ask will ackman about this later today right here on Bloomberg Television. And a controversial bill aimed at targeting hackers in congress. A proposal was clear. Prosecutors say they need new weapons to fight cybercrime. Activists say that the bill would give the government too much power. Peter cook asked the Commi ....