Tricky negotiations begin Monday to renew a trade pact between the United States, Mexico and Canada
U.S. seeks to block Chinese goods and expand dairy market access while Mexico aims for minimal changes and stronger dispute resolution in USMCA talks.
- The United States, Mexico and Canada will begin negotiations on Monday to renew the US-Mexico-Canada Agreement trade pact.
- The future of the USMCA is uncertain, as the United States is demanding changes and President Trump threatened to pull out if he cannot get the desired deal.
- At stake is $1.6 trillion worth of annual trade in goods between the United States and its USMCA partners, including $31 billion in agricultural exports to Mexico and $28 billion to Canada.
17 Articles
17 Articles
The countdown for the review of the free trade agreement of the United States, Mexico and Canada (TMEC) starts this Monday in Washington in the second time that negotiators sit on the table. After months of speculation and uncertainty, the representatives of the three countries will finally begin the debate about the future of the agreement and about the potential North America has as an economic bloc in the world. Mexico and Canada have opted f…
Tricky negotiations begin Monday to renew a trade pact between the United States, Mexico and Canada
Every day more than $4 billion worth of goods cross the United States’ borders with Canada and Mexico – U.S. auto parts headed for car factories in northern Mexico, cartons of Mexican avocados bound for California supermarkets, Canadian aluminum destined to become cans of Campbell Soup.
WASHINGTON—Every day, goods worth more than $4 billion cross the borders of the United States with Canada and Mexico: parts of U.S. vehicles destined for automotive plants in northern Mexico, boxes of Mexican avocados bound for supermarkets in California, Canadian aluminum destined to become Campbell soup cans. Much of this intense cross-border trade is duty-free, thanks to the U.S.-Mexico-Canada Agreement, or T-MEC, which President Donald Trump…
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