World Trade Center Buffalo Niagara

WBFO file photo

Canada's Foreign Minister is expected to travel to Washington Tuesday to begin negotiations, one day after the Trump administration announced was a tentative deal with Mexico that would end and replace the North American Free Trade Agreement. In Buffalo, the president of the World Trade Center Buffalo Niagara suggested it's no cause for alarm.

dreamstime.com

When new tariffs were imposed on Chinese steel and aluminum imports, President Trump said they would help rebuild American industry and create jobs. But what impact are they having on local businesses?


There are a lot of uncertainties in trade, from the North American Free Trade Agreement to its effects on cities and rural areas. One corporate veteran shared his insight at a recent annual meeting of the World Trade Center Buffalo Niagara.

National Public Radio

Increasingly, American companies rely on parts from overseas to reflect prices, quality or supply. That can get complicated because of trade rules, financing issues and differing quality rules among nations. However, for American companies to have a solid future, they must export to other available markets.

President Donald Trump is again threatening to pull the United States out of the North American Free Trade Agreement. And once again, a local international business development organization is recommending the White House avoid that.


Michael Mroziak, WBFO

President Trump has turned up the heat on long-simmering trade disputes between the U.S. and Canada. While stating that it's a appropriate to look out for the interests of U.S. producers, some locally are expressing concern over the way Trump is tackling the matter.


WBFO News photo by Chris Caya

Interest in exporting locally-made products overseas appears to be growing. An organization that helps companies navigate international trade has been gaining new members.