What all prudent American Adults should know about trade

The President has just put together a trade Deal with Canada. So now, Mexico, The U.S. and Canada are all on board . This is will enhance the trade options for us in North America. Unfortunately, many folks are not familiar with the various aspect of international Trade and its very important affect on US business. Explain what all prudent American Adults should know about trade. Daily we hear discussions both pro and con of tariffs, trade wars and our Country’s trade deficit. What does this mean to the average citizen? Basically, paint a picture in words of what is happening in this this international trade conundrum.