David Fischer, CEO of Landmark Capital joins The Steve Noble Show for their monthly Money Monday segment. With Canada coming on board with trade, the markets are looking very good and the deadline by October 1st has been met. This agreement will be held for 16 years and be reviewed every 6 years. This trade effects auto, grains, dairy, aluminum, and steel. For U.S. Dairy farmers, they will now have the option to sell into Canada with a 3.5% cap on it.
The USMCA has been agreed upon and not it is up to the Congress to decide.
Show notes –
– The largest U.S. trade has been done for 1.2 trillion dollars.
– 25% of all car parts must be made in North America.
– David explains this should be a great benefit to the United States.
– Our biggest trading partner is China and they have canceled the 5th trading meeting in a row.
