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0 0 0 0.00187444934354857 0.00088893444157765 -0.000327190947454394 -0.00325022814669986 -0.00443284602906477
Stock impact report

USMCA Considerations For Standard Motor Products [Seeking Alpha]

Standard Motor Products, Inc. (SMP) 
Last standard motor products, inc. earnings: 4/29 08:30 am Check Earnings Report
US:NYSE Investor Relations: smpcorp.com/en
Company Research Source: Seeking Alpha
I last looked at Standard Motor Products ( SMP ) in November, 2016 just after President Trump was elected. It hit my radar because of Trump's campaign stance on NAFTA and his insistence it must be renegotiated. Tell NAFTA partners that we intend to immediately renegotiate the terms of that agreement to get a better deal for our workers. If they don't agree to a renegotiation, we will submit notice that the U.S. intends to withdraw from the deal. Eliminate Mexico's one-side backdoor tariff through the VAT and end sweatshops in Mexico that undercut U.S. workers. Two years later on November 30, 2018, Mexico, Canada and the United States signed the USMCA trade agreement in Buenos Aires, Argentina at the G20 Summit. USMCA will replace NAFTA. Source The legislatures in all three countries will still need to ratify the document before it goes into effect. That could take weeks... or months. For the United States, ratification could be akin to navigating a Show less Read more
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