Brookfield Asset Management, Inc.
North America In the U.S.: The House of Representatives voted to pass USMCA agreement, receiving bipartisan support as expected. The agreement replaces NAFTA and according to Treasury Secretary Steven Mnuchin, the agreement will add 0.5% to GDP growth REIT Focus: Bloomberg reported that Brookfield Asset Management Inc. is considering bundling its commercial real estate assets in India into a real estate investment trust for a listing next year. The move follows the successful April debut of Embassy Office Parks REIT backed by Blackstone Group LP. ASIA In China: Reuters noted that JCI, China’s top agriculture consultancy, stated that China can fulfill its pledge to purchase more than $40B of US ag products a year under the recently agreed phase one