Mexico Is Calm because There Is Progress: Sheinbaum
43 Articles
43 Articles
The national trade and services sector warned that Mexico is entering a stage of permanent uncertainty, because the United States has chosen not to renew the T-MEC. This morning the United States announced that it chose not to renew the Treaty between Mexico, the United States and Canada (T-MEC) for the 16-year period, which would result in a 10-year period, and would imply annual revisions. "Mexico and Canada have expressed their willingness to…
“If today there is no U.S. decision to extend 16 years, the treaty remains valid for the next 10 years,” Sheinbaum said.
Mexico's President Claudia Sheinbaum said on Wednesday that if the U.S. Government decides not to extend the duration of the Treaty between Mexico, the U.S. and Canada (T-MEC) the trade agreement will continue with its original validity until 2036.
Even if the U.S. government announced, at the virtual meeting held today by the negotiators of the T-MEC, that it will not renew its participation “for 16 years, the treaty says it is 10 years more” of validity, said President Claudia Sheinbaum. Despite this scenario, she expressed her optimism: “If there was a major change, it would have to go through the congresses of the three countries, which we do not see very likely.”
Los Angeles Times
Independent EspañolMexican President Claudia Sheinbaum said Tuesday that she is looking forward to what Washington can decide when Wednesday begins the revision of the trade agreement between Mexico, the United States and Canada (T-MEC).
Mexico, Mexico. Mexican President Claudia Sheinbaum said on Tuesday that she is waiting for the US response to extend the US free trade agreement for 16 years, as her country and Canada have already stated. The T-MEC treaty parties have until July 1st to indicate if they wish to extend it. President Donald Trump already said on June 10 that he is not looking for a simple renewal of the agreement. “That letter must be signed before Wednesday, bef…
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