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NAFTA 2.0 will 'definitely' become a pivotal presidential election issue

The U.S. and Canada forged a last-gasp deal to salvage NAFTA over the weekend, following more than a year of tense trilateral negotiations. One key takeaway from the new United States-Mexico-Canada (USMCA) deal is a clause that stipulates the agreement must be reviewed every six years. When asked on Tuesday whether the six-year review clause could become a touchstone election issue over the coming years, Stephen Brown, senior Canada economist at Capital Economics, told CNBC: "Definitely." NAFTA 2.0 'takes away' some uncertainty Trump, who had long threatened to scrap the NAFTA deal in full, has lauded the USMCA pact as a key electoral promise fulfilled. But critics of the revamped deal have questioned whether  much has really changed  from the original accord, prompting Trump to tell reporters on Monday: "It is not NAFTA redone. It is a brand new deal." China is the biggest part of global trade uncertainty: Fund manager   6 Ho...

IS MEXICO SAFE? BODIES OF 8 PEOPLE DISCOVERED IN BEACH RESORT CITY OF CANCUN, TRAVEL ADVISORY ISSUED

A Federal police officer stands on guard at the area where at least five people including a ministerial police officer were killed in Puerto Juarez, Cancun, Quintana Roo State, Mexico, on July 27.STR/AFP/GETTY IMAGES The U.S. State Department issued a level two travel advisory for Mexico after eight bodies were discovered in the beach resort city of Cancun. Some of the bodies were discovered in the trunk of a taxi cab and at least two bodies were found dismembered. The bodies of a man and a woman were discovered shoved into the trunk of an abandoned taxi cab at a shopping mall in the early hours Monday, the Riveria Maya News reported. The identities of the two victims were unknown. Authorities discovered the bodies of two men dismembered and placed in several plastic bags at another location, the Associated Press reported. The bodies, which were not identified, were discovered on Rancho Viejo avenue, according to Mexican news organization EJE Central.