Mexico is closing in on a deal to repeal U.S. President Donald Trump's puni...
TORONTO - Mexico is closing in on a deal to repeal U.S. President Donald Trump’s punitive tariffs on steel and aluminum, a senior Mexican official said on Tuesday, potentially moving a step nearer to the ratification of a major trade deal struck last year.
“We’re having very fruitful conversations on lifting the tariffs not only in the U.S. but also here in Toronto.” Earlier, Marquez said a new target list of U.S. products had been completed, and only needed approval from other officials, including President Andres Manuel Lopez Obrador. That process would likely take at least two to three weeks, she said.
Mexicans lobbying for USMCA approval have focused their attention more on Democratic lawmakers since Democrats took control of the U.S. House of Representatives in January. Democrats have said they will not ratify USMCA unless Mexico delivers on a pledge to enact stronger labor provisions. Mexico’s Congress passed a law that strengthens the rights of trade unions near the end of last month.
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