Tag Archives: United States-Mexico-Canada Agreement

Turbulent Global Economy Will Affect Mexico in 2023

By MARK LORENZANA Expect economic turbulence this year on a global scale, with “obvious effects for Mexico,” according to José Domingo Figueroa, the new president of the Mexican Institute of Finance Executives (IMEF), in an interview with Mexican daily newspaper Reforma on Monday, Jan. 2. Two of the biggest factors that will directly affect Mexico’s economy, according to Figueroa, are

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In Search of a Stronger, More Unified North America

OPINION By ERIC FARNSWORTH and EARL ANTHONY WAYNE North America was trending in the midterm elections, although you may have missed it. Think about the top campaign issues in races across the country: economic recovery and job creation, inflation, the price of gasoline, immigration, border security, increasing crime and suffering in communities devastated by fentanyl and other drugs. With the

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Mexico, US Energy Talks Will Face Bumpy Road Ahead

By KELIN DILLON Following a joint energy trade consultation held in Washington, D.C., between Wednesday, Nov. 30, and Thursday, Dec. 1, Mexican Secretary of the Economy Raquel Buenrostro and U.S. Trade Representative Katherine Tai announced a number of potential proposals to address Mexico and the United States’ ongoing dispute on Mexican energy policy – including potential “tri-national working groups” –

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Mexican Minimum Wage to Increase by 20 Percent in 2023

PULSE NEWS MEXICO The minimum wage in Mexico — the lowest within the three-member United States-Mexico-Canada Agreement (USMCA) region — will increase by 20 percent in the coming year, President Andrés Manuel López Obrador (AMLO) announced Thursday, Dec. 1. The announcement constituted the fifth increase in Mexico’s minimum wage since López Obrador took office four years ago. During the morning

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US and Mexico Clash over Genetically Modified Corn Regulations

By KELIN DILLON According to new reports, the U.S. government has purportedly threatened to appeal to the international treaty the United States-Mexico-Canada Agreement (USMCA) if it cannot reach an agreement with Mexico on the subject of genetically modified corn crops, an issue which Mexican Secretary of Foreign Relations Marcelo Ebrard announced on Monday, Nov. 28, must be fully discussed between

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The Tough Job of Unlocking the USMCA’s Full Potential

OPINION By JOHN BURZAWA, SOPHIE EGAR and EARL ANTHONY WAYNE Part of an ongoing series from the Wilson Center* The United States-Mexico-Canada Agreement (USMCA) provides continent-wide rules, norms and problem-solving processes that can help the three-member countries to continue the trade and coproduction system established under its predecessor, the North American Free Trade Agreement (NAFTA). But if the USMCA is to

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