It's NAFTA time

Mexican officials are meeting with the Trump administration today and Thursday. Mexican economy secretary Ildefonso Guajardo threatened yesterday to walk away from NAFTA renegotiations if he can't get a good deal for Mexico.

But... 3M CEO Inge Thulin said on Tuesday that his company is sticking with its plans to invest in Mexico, because the firm wants to locate production close to its customers. Returns on investment are higher in faster-growing, developing economies—a reality the president can't easily ignore.

The dark side of crowdsourcing

The New York Times reports on a recent deregulation effort to allow new companies to access crowdsourced investing. The new rules have encouraged shady practices like firms marketing their securities without having their financial statements audited. Don't expect Washington to tighten regulations, or give more resources to regulators, any time soon. A side effect of this stance may be emboldened scammers ready to take advantage of the latest fundraising vehicle.

Go deeper

Dozens of Confederate symbols removed in wake of George Floyd's death

A statue of Confederate States President Jefferson Davis lies on the street after protesters pulled it down in Richmond, Virginia, in June. Photo: Parker Michels-Boyce/AFP via Getty Images

59 Confederate symbols have been removed, relocated or renamed since anti-racism protests began over George Floyd's death, a new Southern Poverty Law Center (SPLC) report finds.

Why it matters: That's a marked increase on previous years, per the report, which points out just 16 Confederate monuments were affected in 2019.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Global: Total confirmed cases as of 10:30 p.m. ET: 20,532,835 — Total deaths: 747,845— Total recoveries: 12,743,275Map.
  2. U.S.: Total confirmed cases as of 10:30 p.m. ET: 5,193,266 — Total deaths: 165,934 — Total recoveries: 1,714,960 — Total tests: 63,252,257Map.
  3. Politics: Pelosi says Mnuchin told her White House is "not budging" on stimulus position.
  4. Business: U.S. already feeling effects of ending unemployment benefits.
  5. Public health: America's two-sided COVID-19 response America is flying blind on its coronavirus response.
  6. Education: New Jersey governor allows schools to reopenGallup: America's confidence in public school system jumps to highest level since 2004.
Updated 1 hour ago - Health

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

France reported more than 2,500 new COVID-19 cases in 24 hours — the largest single-day number since May. French officials said the situation was "clearly worsening," per France 24.

By the numbers: Over 745,600 people have died of the novel coronavirus globally and over 20.4 million have tested positive, per Johns Hopkins. Almost 12.7 million have recovered from the virus.