'It's the Uncertainty': Valley Businesses Worry About Future of USMCA
7 Articles
7 Articles
'It's the uncertainty': Valley businesses worry about future of USMCA
MCALLEN, Texas (ValleyCentral) — While the U.S.-Mexico-Canada Agreement (USMCA) remains in effect, Rio Grande Valley business leaders say uncertainty surrounding its future is already making it more difficult to plan investments, hire workers and prepare for long-term growth. The Trump Administration has begun the six-year review of the trade agreement rather than providing long-term certainty [...]
The United States, Mexico, and Canada recently initiated the first six-year mandatory review since the United States-Mexico-Canada Agreement (USMCA) came into effect. American manufacturing groups are urging the Trump administration not to extend the current agreement and are advocating for strengthening rules of origin to prevent Chinese companies from entering the US market through investments in Mexico. These discussions have brought renewed …
AFBF trade expert: USMCA enters “uncharted territory”
The senior director of government affairs at the American Farm Bureau Federation says the U.S.-Mexico-Canada Agreement has moved into uncharted territory. Virginia Houston tells Brownfield the decision to continue negotiations means there’s now an annual review process, which could repeat for up to 10 years. “Traditionally, free trade agreements, once they are agreed to, they […] The post AFBF trade expert: USMCA enters “uncharted territory” app…
The business organization called for strengthening regional competitiveness.
The business organization called for strengthening regional competitiveness.
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