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Reuters: Trump says he might not renew USMCA (www.reuters.com)
submitted 5 months ago by to c/canada@lemmy.ca
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June 10, 202612:07 PM EDT:

WASHINGTON, June 10 (Reuters) - U.S. President ​Donald Trump ‌said on Wednesday ​that he ​might not renew ⁠the ​USMCA free ​trade deal with Canada and ​Mexico. Speaking ​at the White House, ‌the ⁠president said he was ​discussing ​the ⁠matter with Mexican ​and ​Canadian ⁠leaders.

Reporting by Bo Erickson ⁠and ​Gram ​Slattery; Editing by ​Doina Chiacu

archive.org archive link: https://web.archive.org/save/https%3A%2F%2Fwww.reuters.com%2Fworld%2Ftrump-says-he-might-not-renew-usmca-2026-06-10%2F

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[–] 1 point 5 months ago

Manufacturing wages sit at 113.5K CNY. Purchase power parity factor is 3.53. That means those wages are equivalent to what US $32K per year buys you in the US. The trend is for this to grow 4-6% per year. Don't know if Chinese welfare and high housing ownership is factored in.

https://tradingeconomics.com/china/wages-in-manufacturing https://data.worldbank.org/indicator/PA.NUS.PPP?locations=CN

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