‘Very discouraging’: Mexican business sentiment muted as USMCA launches under a cloud

A new trade pact between the U.S., Mexico and Canada begins on Wednesday with the top U.S. negotiator threatening litigation, investor distrust rife and supply chains tested by the COVID-19 pandemic. While U.S. president Donald Trump and his Mexican counterpart Andrés Manuel López Obrador plan to toast the USMCA at the White House, probably after […]

USMCA: Ratification is getting there but ‘difficult issues’ remain

The push to ratify a new North American trade pact is “getting there” Mexico’s top negotiator says, though some “difficult issues” remain as U.S. Democrats continue to insist on stronger labour enforcement. Jesús Seade, Mexican Undersecretary for North America, met with Prime Minister Justin Trudeau and Deputy Prime Minister Chrystia Freeland in Ottawa Friday, as […]