Approved by Congress and signed by President Trump on January 29, the U.S.-Mexico-Canada Agreement is one big step closer to entering into force. Mexico was first to ratify the trade pact on June 19, 2019. Canada’s House of Commons will be taking up the USMCA this...
Mexico, steadily rising in rank to No. 12 among exporting nations, has eclipsed China and Canada to become the U.S.’s leading trade partner. Mexico is now the top U.S. trade partner, ranked by total value of import and export trade, according to Descartes...
The USTR plan for renegotiating NAFTA is largely about bringing it in line with trade policies developed since 1994. What’s really new: The U.S. states its goal is to reduce the U.S. trade deficit. Talks are set to open August 16. The first round of talks to revise...
After falling in December, US exports of iron and steel fasteners rebounded 7% in January of this year, with gains in shipments to NAFTA partners Canada and Mexico, as well as France, reports GlobalFastenerNews.com, based on its analysis of Datamyne trade data....
Are the NAFTA partners getting set to trade sanctions instead of imports and exports? The US is being urged to drop its country-of-origin labeling requirement for imported meat and livestock following the World Trade Organization’s decision in favor of the Canadian...
Japan, the No. 2 source for autos imported by the US since the 1970s, will likely be overtaken by Mexico this year, according to a report from Bloomberg that cites IHS Automotive estimates. Mexican auto exports have quadrupled from 1993 to 2013, says Bloomberg, while...
Barriers to trade are falling fast in the LATAM bloc based on shared market philosophy, not shared borders. The presidents of the Pacific Alliance member nations – Chile, Colombia, Mexico, and Peru – met in Cali, Colombia today to sign an agreement that will remove...
Comments due Feb.11 on proposed hike in price of imports from top US source Today’s the deadline for comments on a new plan to replace a long-standing trade pact on US imported fresh tomatoes from Mexico. The old pact was challenged by Florida growers last June. The...
That’s why we drink it here – including 27 million barrels of imported brew What better time than October to join in singing the praises of beer? If you do hoist a glass, odds are that you’ll be drinking an import. Last year, according to a new report from Technomic,...
Move toward tearing up 16-year US-Mexico tomato trade pact gets bad reviews The US Commerce Department’s September 27 preliminary decision to end a trade pact governing the price of tomatoes exported by Mexico to the US has drawn criticism up and down the supply...
