*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.
Before the SAG-AFTRA strike, this was the weekend “Dune: Part Two” was supposed to open. When Warner Bros. and Legendary pushed that opening back to March 2024 and no other blockbuster stepped in to take its spot.
A growing number of Californians are planting agave to be harvested forz use in spirits. The trend is fueled by the need to find hardy crops that don’t need much water and a booming appetite for premium alcoholic beverages.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we highlight Paramount, Maersk, Starbucks, Uber, Lyft and Beyond Meat.
With Donald Trump due on the witness stand next week, testimony from his adult sons in his civil business fraud trial wrapped up Friday with Eric Trump saying he relied completely on accountants and lawyers to assure the accuracy of financial documents key to the case.
DraftKings reported better-than-expected revenue in the third quarter.
Wallet Hub released a list of the 10 states with the highest median monthly student loan payments.
Oil and gas giant BP will purchase electric vehicle chargers from Tesla for $100 million.
Reports say olive oil prices have jumped 75% since January of 2021.
The big three car companies for GM and Stellantis have agreed to pay striking workers as they spend time on the picket line, according to The Wall Street Journal.
Elon Musk is making a big prediction about artificial intelligence and the jobs market.
