If you’ve been watching the news this past week, it’s been hard to ignore all of the discussion around NAFTA. However, trade experts aren’t very optimistic about an agreement given that the Trump administration recently slapped tariffs on Canada and Mexico. Large and small companies alike rely on NAFTA for cost-effective trade. In the article I discussed the retail apocalypse, stating that store closings were growing and debt continued to build for companies such as J.Crew, Neiman Marcus, Macy’s and Claire’s. This will only continue if we don’t come to an agreement on NAFTA, and it will likely be at the expense of the consumer.

Source: Forbes June 03, 2018 04:52 UTC