Mexico Says Trade Deal Dispute Panel Fix Must Be ‘Across the Board’

7/11/19 – Reuters

By Frank Jack Daniels

President Lopez Obrador celebrating the Senate’s ratification of the USMCA (T-MEC) by lopezobrador.org.mx

Mexico sees a push to close a dispute resolution loophole in the USMCA trade deal as a way to protect its interests as well as helping satisfy demands by U.S. Democrats that the deal contain stricter labor measures, a senior official said on Thursday.

Reuters reported last week that Mexico was working closely with U.S. Trade Representative Robert Lighthizer to close a loophole in the new United States-Mexico-Canada trade deal that allows a country to refuse to form a dispute panel.

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Mexican-made autos stream across border at record rate in first half of 2019

7/9/19 – CNBC

By Phil LeBeau

Photo by Kai Pilger on Pexels.com

Remember President Donald Trump’s threat to slap a tariff on every product the U.S. imports from Mexico? That threat in early June, which the President later dropped, had auto executives worried.

The latest numbers from Mexico shows why so many in the auto industry were so concerned.

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A First: Mexico Imports More Vehicles To U.S. Than Any Other Nation

6/11/19 – Forbes

By Ken Roberts

For the first time, Mexico imported more motor vehicles into the United States than any other nation.

According to the latest data from the U.S. Census Bureau, Mexico surpassed Japan for the month of April  to rank ahead of it and Canada. Canada ranked first for all but a few months over the last decade until recently, when Japan was more likely to rank first.

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Mexico to begin ratification process for USMCA trade deal

5/30/2019 – Associated Press

Mexico President Andrés Manuel López Obrador says his government is beginning the process of ratifying the new North American trade agreement.

He says the documents will be presented to the Mexican Senate on Thursday.

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Canada takes a first step towards ratifying trade deal with U.S., Mexico

5/27/2019 – Reuters

By Kelsey Johnson and Steve Scherer

Canada took a first step toward ratifying a new North American trade agreement on Monday just three days ahead of U.S. Vice President Mike Pence’s trip to Ottawa to discuss passage of the treaty.

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Mexico sees good chance USMCA trade deal will be ratified

5/22/2019 – Reuters

Mexican Foreign Minister Marcelo Ebrard said on Wednesday he saw a “good chance” that the United States-Mexico-Canada Agreement (USMCA) trade pact would be ratified.

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Mnuchin says deal on steel tariffs with Canada, Mexico is ‘close’

5/15/19 – Politico

By Megan Cassella and Sabrina Rodriguez

The Trump administration is close to negotiating a solution to the steel and aluminum tariffs it imposed on its North American partners, a move that would mark a major step toward approval of the new NAFTA. Treasury Secretary Steven Mnuchin said during a Senate subcommittee hearing Wednesday that U.S. officials are “close to an understanding with Mexico and Canada,” on the tariffs, which have been in place for nearly a year. “It is a priority of ours.”

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