Canada Ratifies USMCA Trade Agreement…

Canada completes the North American cycle with their ratification of the USMCA to replace NAFTA. Mexico and the U.S. ratified the new trade agreement last year and January respectively.  The Canadian parliament did so yesterday.

CANADA – Canada on Friday formally approved the United States-Mexico-Canada Agreement (USMCA), taking the last legislative step to implementation of the deal to replace the 25-year-old North American Free Trade Agreement (NAFTA).

The trade deal, ratified by the Mexican legislature last June and by Congress in January, was formally ratified by the Canadian Senate Friday, and shortly thereafter received royal assent, the Canadian governor general’s approval.

The deal was passed through the legislature before Parliament shut down for five weeks in response to the coronavirus pandemic.

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Empty Shelves? – Understanding Supply Chains, Logistics, and Recovery Efforts…

By now everyone is familiar with the abundant pictures on social media of empty shelves in local stores.  Having some familiarity with the supply chain might help people to understand some of the challenges; and possibly help locate product. (Pics from Twitter)

There are essentially two types of distribution centers within the retail supply chain for most chain markets, food stores and supermarkets.  The first type is a third party, or brokered, distribution network.  The second type is a proprietary, company owned, distribution center.  Knowing the type of distribution helps to understand what you can expect.

If your local retail store is being replenished from a third party distribution center, you can expect greater shortages and longer replenishment times; we will see entire days of empty shelves in these stores.  However, if your local retail store owns their own warehouse and distribution network, the replenishment will be faster.  In times of rapid sales, there is a stark difference.

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Final Text of “Coronavirus Response Act” – H.R.6201…

At approximately 1:00am this morning the House of Representatives passed the Coronavirus Response Act [H.R.6201]  (House Link Here)

The final text of the bill is also embedded below.

The Bill passed: 363-Yay/40-Nay with 26-Not Voting [Vote Tally Here]

[scribd id=451664181 key=key-TpgzK792x3tz3D3azeRw mode=scroll]

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Additionally, President Trump exercised statutory authorities to declare a national emergency in response to the coronavirus.  The unprecedented action invites States, territories, and tribes to access over $42 billion in existing funding to combat the coronavirus.

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Apple Will Close all Retail Stores Outside China Until March 27th Due to Coronavirus…

This is a bold step for the brand.  It takes very strong leadership to make a decision like this. All Apple Inc. retail stores will be closed; however, on-line distribution centers will remain open.  Workers will continue to receive their regular pay despite the closures.

(Via CNBC) Apple said it will close all of its stores outside of Greater China until March 27 to reduce the risk of the coronavirus spreading.

The iPhone maker’s online store will remain open as well as its “Apple Store” app.

Apple CEO Tim Cook said the company had learned lessons from the outbreak in China and that is why it is taking these steps.

“One of those lessons is that the most effective way to minimize risk of the virus’s transmission is to reduce density and maximize social distance,” Cook wrote in a blog post late on Friday. “As rates of new infections continue to grow in other places, we’re taking additional steps to protect our team members and customers.” (read more)

March 14th – 2020 Presidential Politics – Trump Administration Day #1150

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

trump-president-3

This thread will refresh daily and appear above the Open Discussion Thread.

President Trump Twitter @POTUS / Vice President Pence Twitter @VP

Stephanie Grisham Twitter @StephGrisham45

Saturday March 14th – Open Thread

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.

For Thine is the kingdom and the power and the glory, forever and ever. Amen †

President Trump Will Lead G7 Virtual Summit on Coronavirus Next Week…

[White House] Today, President Donald J. Trump spoke with President Emmanuel Macron of France. The two leaders discussed how France and the United States are working to combat COVID-19 as well as opportunities to work together to stop the pandemic. President Trump agreed to host a video-conference on the coronavirus with all of the G7 leaders early next week. President Trump and President Macron also discussed issues in the Middle East, including countering the Iranian regime’s dangerous behavior and the situation in northwest Syria. (link)

The G7 Assembly includes: U.S, Japan, Canada, Italy, Germany, U.K. and France; with the EU usually sticking their collective nose into the conversation.

President Trump Tweets Support For H.R.6201 – The Families First Coronavirus Response Act – (With Link)

After an evening meeting with Treasury Secretary Steven Mnuchin, HHS Secretary Alex Azar and Labor Secretary Eugene Scalia, President Trump has announced his support for House Resolution 6201 – The Cononavirus Response Act.

You can find the text of the House Bill HERE

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