With the U.S.-Mexico-Canada Agreement (USMCA) recently going into effect on July 1, the President of Mexico made his first visit to the United States on Wednesday, July 8. This marks his first visit to the White House and his first foreign trip since taking office in December 2018; it comes ahead of the U.S. election … Continue Reading
On May 30, United States President Donald Trump announced plans to impose new tariffs on all products imported from Mexico to the United States. Such an act would significantly impact binational trade and especially those sectors that have integrated supply chains, such as the automotive, agriculture, clothing, alcohol, electronic devices, and oil and gas industries.… Continue Reading
On Friday, May 17, 2019, the United States opted to reduce trade tensions with its immediate neighbors – Mexico and Canada – by eliminating Section 232 tariffs on steel and aluminum on imports from those countries, helping to pave the road for congressional approval of the U.S.-Mexico-Canada (USMCA) Agreement. While global trade tensions remain, for … Continue Reading
The left-leaning 64-year old Andres Manuel Lopez Obrador “known as AMLO,” who represents the MORENA Party, won the Mexican presidential election on July 1, 2018. This victory comes after two unsuccessful presidential campaigns in 2006 and 2012. AMLO’s pledge to end corruption, reduce violence and decrease poverty resonated this time with Mexican voters. He will … Continue Reading
On August 20, trade officials from the United States, Mexico, and Canada concluded the first round of negotiations to modernize the North American Free Trade Agreement (NAFTA). In a joint statement released following five days of talks, trade officials reiterated their commitment to updating the deal, continuing domestic consultations, and working on draft text. They … Continue Reading
This week, the Trump Administration took a major step forward in laying the groundwork for the upcoming renegotiation of the North American Free Trade Agreement (NAFTA). On July 17, the Office of the US Trade Representative (USTR) released a summary of the Administration’s negotiating objectives for the upcoming NAFTA talks. Under Section 105 of Trade Promotion Authority (TPA) legislation passed … Continue Reading
Under pressure to make good on campaign promises as his first 100 days in office drew to a close, President Donald Trump considered a number of new trade-related actions last week, highlighting the importance of stakeholder engagement with his Administration on trade matters. On Wednesday, April 26, reports emerged that President Trump was seriously considering … Continue Reading
On Wednesday, February 22, US Secretary of State Rex Tillerson and Homeland Security Secretary John Kelly arrived in Mexico City for a series of meetings with senior Mexican officials, including Foreign Relations Minister Luis Videgaray Caso, Secretary of Government Miguel Angel Osorio Chong, and Secretary of National Defense General Salvador Cienfuegos Zepeda, among others. During … Continue Reading
President Trump’s plans to renegotiate the North American Free Trade Agreement (NAFTA) may also impact a controversial program that allows Mexican carriers to make long-haul deliveries in the U.S. As part of the NAFTA agreement, the U.S. and Mexico agreed to allow trucks from each country to carry goods across the border for deliveries anywhere inside … Continue Reading
On Monday, January 23, President Donald Trump signed a memorandum formally withdrawing the United States from the Trans-Pacific Partnership (TPP) agreement, following up on one of his biggest campaign promises. The memorandum directs the U.S. Trade Representative to notify the other TPP parties and the Depository of the TPP that the United States will be … Continue Reading
There is much uncertainty and speculation surrounding President-Elect Trump’s nascent foreign and trade policies, particularly given his domestic-focused and trade skeptical campaign statements. Though President-Elect Trump has not made specific comments about regional trade deals other than the North American Free Trade Agreement (NAFTA), his emphasis on returning jobs to the United States could impact … Continue Reading
