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The Uncertain Future and Eminent Collapse of NAFTA

The agreement, which eliminated almost all tariffs on trade among the member countries came to effect on January 1, 1994. Like other trade pacts, the main purpose of NAFTA is to encourage economic activity among the three major economic powers in North America. By removing trade barriers, NAFTA increases the prospect of voluminous investment opportunities in the region.

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As the Russo-Ukrainian War coming to its third year, both sides and many other parties expect the war to end this year.

After almost a decade of work, Apple has finally given up on its dream EV, despite having spent billions of dollars and years on the project.

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FILE PHOTO: China's President Xi Jinping leaves the podium following his speech after a ceremony to inaugurate the city's new leader and government in Hong Kong, China, July 1, 2022, on the 25th anniversary of the city's handover from Britain to China. Selim Chtayti/Pool via REUTERS

Since 2013, General Secretary Xi Jinping has successively proposed the major initiatives of jointly building the “Silk Road Economic Belt” and the “21st Century Maritime Silk Road.”

November 24, 2024
French Cognac giant Rémy Martin. Credit AnjelikaGr Shutterstoc

The escalating trade tensions between China and the European Union (EU) have reached a critical point, as China’s Ministry of Commerce announced the implementation of provisional anti-dumping measures targeting imported brandy from the EU. These measures, perceived as a retaliatory response to the EU’s recent tariffs on

November 17, 2024
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