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.

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Updated 55 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Americans feel Trump's sickness makes him harder to trustFlorida breaks record for in-person early voting — McConnell urges White House not to strike stimulus deal before election — Republican senators defend Fauci as Trump escalates attacks.
  2. Health: The next wave is gaining steam.
  3. Education: Schools haven't become hotspots — University of Michigan students ordered to shelter-in-place.
  4. World: Ireland moving back into lockdown — Argentina becomes 5th country to report 1 million infections.

Trump threatens to post "60 Minutes" interview early after reportedly walking out

Trump speaks to reporters aboard Air Force One, Oct. 19. Photo: Mandel Ngan/AFP via Getty Images

President Trump tweeted on Tuesday that he was considering posting his interview with CBS' "60 Minutes" prior to airtime in order to show "what a FAKE and BIASED interview" it was, following reports that he abruptly ended the interview after 45 minutes of taping.

Why it matters: Trump has escalated his war on the media in the final stretch of his re-election campaign, calling a Reuters reporter a "criminal" this week for not reporting on corruption allegations about Hunter Biden and disparaging CNN as "dumb b*stards" for the network's ongoing coronavirus coverage.

3 hours ago - Politics & Policy

McConnell urges White House not to strike stimulus deal before election

Senate Majority Leader Mitch McConnell. Photo: Stefani Reynolds/Getty Images

Senate Majority Leader Mitch McConnell (R-Ky.) has urged White House negotiators not to cut a deal with Democrats on new coronavirus stimulus before the election.

Driving the news: McConnell informed Senate Republicans of the move at a closed-door lunch on Tuesday, two people familiar with his remarks tell Axios. McConnell's remarks were first reported by the Washington Post.