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Money Talks from The Economist

Money talks: NAFTA — alive or dead?

Money Talks from The Economist

The Economist

News, Business, Economy, Finance & Economics, Business News

4.41.2K Ratings

🗓️ 28 August 2018

⏱️ 19 minutes

🧾️ Download transcript

Summary

Has there been a breakthrough in efforts to revamp the NAFTA trade agreement? Henry Tricks, our commodities editor, explains recent falls in commodity prices. And how did YouTube profit from the biggest amateur boxing match of all time?  Andrew Palmer hosts.

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Transcript

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0:00.0

Attention at all passengers. You can now book your train tickets on Uber and get 10% back in Uber credits to spend on your next train journey.

0:11.0

So no excuses not to visit your in-laws this Christmas.

0:16.5

Trains now on Uber. T's and C's apply check the Uber app. Hello, I'm Andrew Palmer, the Business Affairs Editor of The Economist.

0:27.0

Welcome to Money Talks.

0:32.0

Coming up on the program.

0:33.0

Advice from a commodities trader to Henry Tricks, our energy editor.

0:37.0

Henry predicting the future is a son of a bitch and I think we should always bear that in mind when we're talking about commodities

0:43.9

it is a particularly uncertain time at the moment.

0:47.2

And how did the biggest internet event in history end?

0:50.5

It was a draw, so it was very disappointing for people who'd waited months and months in the

0:56.1

buildup to see what would happen.

0:58.7

It was a majority draw.

1:00.2

First though, has there been a breakthrough in the efforts to revamp the NAFTA Trade Agreement.

1:08.0

President Donald Trump announced a bilateral deal on Monday between America and Mexico during a televised phone call with Enrique Peñonito.

1:15.0

It's an incredible deal.

1:17.0

It's an incredible deal for both parties.

1:19.0

Most importantly, it's an incredible deal for the workers and for the citizens of both countries. a we were going to do this and Mexico's promised to immediately start purchasing as much farm

1:36.1

product as they can.

1:37.1

They're going to work on that very hard.

1:39.7

And as you know,

1:40.8

Mr.

1:41.8

Thank you very much Mr President.

...

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