Mexico disputes language in U.S. bill on ratifying trade pact

15 Décembre, 2019, 21:22 | Auteur: Anatole Charbonneau
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Seade said that was not part of the agreement signed December 10 in Mexico City by Mexico, the United States and Canada to replace the North American Free Trade Agreement, or NAFTA, but was rather the product of "political decisions by the congress and administration of the United States".

Seade said he sent a letter to U.S. Trade Representative Robert Lighthizer expressing Mexico's "surprise and concern" over the matter and that he would travel to Washington on Sunday to convey the message personally to Lighthizer and U.S. lawmakers. The agreement was an effort to renegotiate the North American Free Trade Agreement (NAFTA). It is completely reciprocal. It is zero tariffs.

CITY (AP) - Just days after a landmark agreement on a trade pact to replace the North American Free Trade Agreement, Mexico objected Saturday to legislation introduced in the U.S. Congress as part of an eventual ratification of the deal. Pennsylvania exports. Somehow this was unacceptable to the administration and I think we should ask the question 'why?' The reason is because we were importing even more from Mexico than we sell to them.

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Jesús Seade, the Mexican Foreign Relations Department's undersecretary and chief trade negotiator for North America, said most of the bill is in line with the typical process of ratification, but it also "adds the designation of up to five US labor attaches in Mexico tasked with monitoring the implementation of the labor reform that is under way in our country". And the goal of renegotiating NAFTA was to diminish trade with Mexico, to diminish deficit. This is by no means a comprehensive analysis, since there is a lot in the 2000-page document that makes up the USMCA, as modern trade agreements go well beyond traditional trade issues. Some of what is in there is good and some of it is bad (with numerous non-trade issues, there is likely to be disagreement as to which provision falls into which category). That money gets reinvested back into the United States.

He continued, "So, unfortunately, USMCA is an exercise through all kinds of new provisions to diminish trade, and that's why I hope Republicans reconsider this. We have historically recognized we're all better off with more open markets".

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