Continental trade pact set to stay in place as U.S. blows past key deadline
The alliance wants higher wages, tighter content rules and stronger enforcement to curb offshoring and pollution in any new pact.
- With a July 1 deadline looming, the BlueGreen Alliance demanded stronger pro-worker safeguards in any replacement USMCA pact, submitting a detailed analysis to United States Trade Representative Jamieson Greer.
- Negotiated during President Donald Trump's first term, the mandatory review process requires the three nations to indicate support for renewal by Wednesday, though all signs indicate the U.S. will bypass the deadline.
- BlueGreen demands higher minimum wages and stricter enforcement of labor and environmental laws, noting 20% of "made in Mexico" vehicle components were actually made in China.
- Failing to sign a long-term deal triggers an annual rolling review continuing for up to 10 years, unless a partner country provides six months' notice to withdraw, keeping CUSMA in effect.
- Scott Lincicome of the Washington-based Cato Institute noted that missing the deadline increases uncertainty, while Republican Rep. Adrian Smith called the pact a "huge victory" for American consumers.
23 Articles
23 Articles
Winnipeg Free Press
Continental trade pact set to stay in place as U.S. blows past key deadline
WASHINGTON - A key date for a critical trade agreement will come and go this week as the United States under President Donald Trump continues to push for concessions from its closest neighbours.
BlueGreen Alliance demands safeguards in new U.S.-Mexico-Canada trade pact
WASHINGTON—With a July 1 deadline looming for the U.S., Mexico, and Canada to review, extend, rewrite, or junk their trade treaty, the USMCA, the labor-environmentalist BlueGreen Alliance demands stronger pro-worker safeguards in any replacement pact. And they are pressuring Trump to make good on the criticisms he expressed regarding NAFTA and earlier trade agreements when he ran for the presidency the first time, and his repetition of pro-worke…
The Future of North American Trade and Competitiveness
Join ITIF for a panel discussion featuring experts from the Macdonald-Laurier Institute in Canada and Fundación IDEA in Mexico, who will review a new report on the importance of North America’s trade agreement for all three economies and discuss the priorities Canada and Mexico bring to the review process, opportunities to deepen production and technology cooperation, and how the agreement can be updated to support regional competitiveness in th…
Coverage Details
Bias Distribution
- 81% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
