Tag Archives: USMCA

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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Biden, Trudeau to Visit Mexico in January

PULSE NEWS MEXICO Both U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau are slated to make their first official visits to Mexico in those capacities in early January to attend the North American Leaders Summit (NALS), which will be hosted by Mexico’s President Andrés Manuel López Obrador (AMLO) starting on Jan. 9. During his daily press conference on

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Mexico Faces Historic Sanctions over Energy Policy

By KELIN DILLON According to former United States-Mexico-Canada Agreement (USMCA) negotiator Kenneth Smith, Mexico may face historic sanctions levied against it by the United States and Canada if the trio cannot reach an agreement on Mexican energy policy during its presently ongoing energy panel. These pending sanctions have the potential to be the highest penalties ever seen under the 20-plus-year history

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The Missing Links in the Indo-Pacific Economic Framework

OPINION By JUAN CARLOS BAKER Part of an ongoing series from the Wilson Center* A lot has happened in trade matters since the United States withdrew from the Trans-Pacific Partnership (TTP) in 2019. The TPP entered into force in December 2018 without the United States but including Mexico and Canada. It was then rebranded as the Comprehensive and Progressive Transpacific Partnership

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Increasing USMCA Competitiveness through Regulatory Cooperation

OPINION By INU MANAK Part of an ongoing series from the Wilson Center* Imposing and threatening new tariffs have generated many headlines in recent years, whether it involved the United States’ North American neighbors, its partners in Europe or its competitors in Asia, especially China. Much less attention has been given to divergent approaches to regulations and standards, which often pose

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