Overall, the United States-Mexico-Canada Agreement (USMCA) has been net positive for all three countries, and it has contributed to a dynamic, robust North American economy. However, the Trump Administration has indicated that without concessions from Mexico and Canada, the U.S. will not renew the agreement.
The petitions claim that Chinese imports are causing harm to American manufacturers.
August 23, 2024
WASHINGTON—Law firm Wiley Rein LLP has filed trade petitions against Chinese manufacturers of golf carts and other vehicles on behalf of the American Personal Transportation Vehicle Manufacturers Coalition.
MEXICO CITY—Representatives from Mexico and Canada are seeking formal consultation with the United States over the interpretation of content rules for automobiles set out in the United States-Mexico-Canada Agreement (USMCA), which took effect July 1, 2020.
In January, the U.S. and China agreed to a trade deal that cut some U.S. tariffs on Chinese goods in exchange for Chinese pledges to purchase more American farm, energy and manufactured goods and address U.S. complaints about intellectual property practices.
WASHINGTON, D.C — President Donald Trump last Wednesday signed into law a major rewrite of the rules of trade with Canada and Mexico that will soon replace the Clinton-era North American Free Trade Agreement.
Auxiliary equipment maker Nu-Vu Conair Pvt. Ltd., a joint venture between U.S. firm Conair Group and an Indian partner, recently opened a $2 million expansion of its manufacturing facility in Gujarat.
Incredibly, the decade has ended with a moment of bipartisanship. On Dec. 10, after more than a year of deadlock, Democrats and Republicans agreed to revisions in the U.S.-Mexico-Canada Agreement (USMCA) that should enable the trade pact to win approval from Congress and get signed into law by the president.
WASHINGTON—House Democrats have reached an agreement with the White House to strengthen labor, environmental, pharmaceutical and enforcement provisions in President Trump’s North American trade pact, a significant development that moves the president’s signature trade deal closer to becoming law.