Steel Products
February 3, 2020
Popular Economist to Keynote SMU Steel Summit Conference
Written by Tim Triplett
Editor’s note: The following commentary by economist Alan Beaulieu, president of ITR Economics, is excerpted from a recent blog, “A Good Day for Trade.” Beaulieu has been a popular presenter at several Steel Market Update Steel Summits and will speak once again at this year’s conference on Aug. 25 in Atlanta. Click here for more information and to register for the event.
The U.S.-Mexico-Canada trade agreement passed the Senate and was signed by President Trump. It just awaits approval by Canada. North America will soon have a new and improved trade agreement, generally known as the USMCA or, in Canada, NAFTA 2.0. We are often asked if this is a good thing for the U.S. Based on what we know so far, the answer appears to be that it will be potentially beneficial for some segments of the economy. So, it is a good day for freer trade with our two largest trading partners, at least as far as U.S. exports are concerned.
