U.S. businesses can finally welcome some good news on the trade front.
The new normal of trade disruption is here to stay, but phase one of the U.S.-China trade deal signed in January signals a ceasefire after nearly two years of mounting tariffs and tensions. And the signing of the revised NAFTA deal between the United States-Mexico-and-Canada Agreement (USMCA) eliminates a major source of uncertainty while creating some big supply chain opportunities and challenges.