On, Sept. 30, Canada agreed to changes in NAFTA pushed by the Trump administration following an earlier agreement by Mexico. The New NAFTA still needs to be approved by the legislators of all three countries, and a vote is not expected in the U.S. Congress until early next year. Wall Street seemed satisfied with the agreement, with most U.S. stock market indices going up the next day.

Part two of a three-part interview with Professor Masao Suzuki

This is part two of a three-part interview. Click for part one and part three of this interview. Fight Back!: In your opinion, what are the main causes of the U.S. trade deficit?

The U.S. stock market fell again Friday, April 6, with the broadest measure, the S&P 500, falling more than 2%. This followed President Trump’s tweet on Thursday that he would ask for a list of an additional $100 billion in imports from China to put tariffs on, raising the total to more than $150 billion. It was also revealed that there are no negotiations between China and the U.S., raising the likelihood of a full-blown trade war.