US Declines to Renew USMCA, Opening Negotiations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 days ago
0mins
Source: CNBC
- Trade Agreement Shift: The U.S. has opted not to renew the United States-Mexico-Canada Agreement (USMCA), signaling a new round of negotiations with Canada and Mexico, despite Trump previously calling it 'the best agreement we've ever made', highlighting the fragility of such deals.
- Focus on Trade Deficits: The Trump administration cites trade deficits as a primary reason for not renewing the agreement, with Trump asserting, 'We don't need anything that Canada has. We don't need anything that Mexico has, but they need everything that we have,' indicating a tougher stance in trade negotiations.
- Cooling Job Market: According to ADP, U.S. private payrolls grew by 98,000 in June, falling short of the 110,000 forecast and down from May's 122,000, reflecting a slowdown in the labor market that could undermine confidence in economic recovery.
- Divergent Tech Stock Performance: While tech stocks excelled in the first half of the year, the largest gains came not from Silicon Valley but from emerging markets like South Korea's Kospi, indicating a shift in global market dynamics that investors need to reassess in their strategies.
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Analyst Views on F
Wall Street analysts forecast F stock price to fall
14 Analyst Rating
3 Buy
10 Hold
1 Sell
Hold
Current: 13.830
Low
11.00
Averages
13.65
High
16.00
Current: 13.830
Low
11.00
Averages
13.65
High
16.00
About F
Ford Motor Company develops and delivers Ford trucks, sport utility vehicles, commercial vans and cars, and Lincoln luxury vehicles, along with connected services, including BlueCruise (ADAS) and security. The Company's segments include Ford Blue, Ford Model e, Ford Pro, and Ford Credit. The Ford Blue segment primarily includes the sale of Ford and Lincoln internal combustion engine (ICE) and hybrid vehicles, service parts, accessories, and digital services for retail customers. The Ford Model e segment primarily includes the sale of its electric vehicles, service parts, accessories, and digital services for retail customers. The Ford Pro segment primarily includes the sale of Ford and Lincoln vehicles, service parts, accessories, and services for commercial, government, and rental customers. The Ford Credit segment consists of the Ford Credit business on a consolidated basis, which is primarily vehicle-related financing and leasing activities. Its vehicle brands are Ford and Lincoln.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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