Tag Archives: U.S. House of Representatives

Peterson Institute: USMCA Is Net Negative for All Three Economies

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XINHUA The newly revised United States-Mexico-Canada Agreement (USMCA) represents “a net negative” for all three economies due to its regulatory mandates, especially concerning automobiles, said a report from the Washington-based financial thinktank Peterson Institute for International Economics (PIIE) released on Tuesday, Dec. 17. The USMCA modernizes trading rules and strengthens enforcement of labor and environmental rights, but its restrictions on

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Labor Impositions Threaten USMCA Passage

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By RICARDO CASTILLO What’s going both in the Mexican Senate and the U.S. House of Representatives regarding the implementation of the United States-Mexico-Canada Agreement (USMCA)? U.S. House Democrats want to include additional clauses that Mexico will not accept. Namely, they want to have inspectors included in union elections to guarantee that the pact’s labor chapter is enforced. In Mexico, mining

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