*By Carlo Versano*
One day after President Trump and Mexican President Enrique Peña Nieto announced the framework for a bilateral trade deal, White House economic adviser Larry Kudlow used the latest U.S.-Mexico agreement "as an example" and told Cheddar it's up to Canada to join the negotiations.
"Canada should study how we put this together," Kudlow said Tuesday during an interview on the north lawn of the White House.
The bilateral framework, which Trump has said may replace NAFTA and what he calls its "bad connotations," was constructed mainly around the auto sector. It will be difficult to enforce without Canada's participation in a trilateral agreement, given various supply-chain complications.
The White House is hoping it can use an agreement with Mexico to force the Canadians back to the table, but it's too early to predict whether that will happen, the National Review's Jack Crowe said Tuesday in a separate interview on Cheddar.
"The optics of them coming to the table at this late stage \[will be\] tough," Crowe said. He added that the administration's positioning of Monday's announcement as a big win may be premature.
Nonetheless, Kudlow said the administration is proud of the progress.
"I don't think a lot of people thought we'd get a Mexico deal," he said.
About nine million people with student loans missed their first payment after the recent pandemic pause, according to data.
Spending this holiday season is set to significantly rise, according to an economic survey from CNBC.
Google settled an antitrust lawsuit, Tesla is reportedly raising pay, a group is suing Utah over its social media policies for kids and the founder of Nikola was sentenced to prison.
The White House is lending its support to an auto industry effort to standardize Tesla’s electric vehicle charging plugs for all EVs in the United States.
Some of America’s biggest retailers are working to increase their shipping speeds to please shoppers expecting faster and faster deliveries.
A group representing several big tech companies is suing Utah over state laws about children's social media use.
Google has agreed to pay $700 million to settle an anti-trust settlement.
Stocks were up after the closing bell as Wall Street continued to pin their hopes on rate cuts after last week's comments from the Fed.
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Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store — the same issue that went to trial in another case that could result in even bigger changes.
