The North American Free Trade Agreement may not be facing the gallows after the Trump administration this week said it does not plan to terminate it – but changes to the deal could have a huge impact on the medical device industry, according to a New York Times report. This week, Trump spoke with Mexican […]
North American Free Trade Agreement (NAFTA)
Ex-Medtronic CEO George: Trump’s anti-trade talk risks ‘crony capitalism’
If the administration acts on Donald Trump’s protectionist campaign rhetoric, it could cripple the U.S. economy and lead to “crony capitalism,” former Medtronic (NYSE:MDT) CEO Bill George said this week. George, who led Medtronic from 1991 to 2001, said Trump’s vow to reward businesses for bringing jobs back to the U.S. “would lead to crony capitalism” as […]