News
U.S. and China Agree to Hold Off on Raising Additional Tariffs
During the G-20 talks this weekend in Argentina, President Donald Trump and Chinese President Xi Jinping agreed to halt new tariffs and not increase tariffs already in place.
The U.S. had been scheduled to increase tariffs on $200 billion of Chinese goods from 10% to 25% on Jan. 1. The agreement keeps those tariffs on thousands of products, including hundreds of types of Chinese castings at 10% for at least the next 90 days while the countries negotiate further.
President Signs New Trade Agreement with Mexico And Canada To Replace NAFTA
President Trump, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto signed the new U.S. Mexico Canada Agreement — or USMCA — in Buenos Aires on Nov. 30.
The agreement provides increased requirements for automotive components to be produced in North America and follows more than a year of talks to update the 24-year-old North American Free Trade Agreement (NAFTA), which supports about $1.2 trillion in annual trade among the three countries in the USMCA.
Youngstown State University establishes AFS Student Chapter
The American Foundry Society welcomed Youngstown State University (Youngstown, Ohio) as its newest student chapter.
