Nafta After All

The Trump administration is signaling to Congress that in coming negotiations with Mexico and Canada it will seek mostly modest changes to the North American Free Trade Agreement, a deal President Donald Trump called a “disaster” during the campaign. An administration draft proposal being circulated in Congress by the U.S. trade representative’s office would keep some of the most controversial provisions, including one establishing an arbitration panel that investors in the three nations can use to resolve civil claims, bypassing local courts.


$528.2 billion
The amount investors borrowed against their brokerage accounts in February, a record high for margin debt and a fresh sign of bullishness among flummoxed investors trying to navigate the political and economic crosscurrents driving markets.