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U.S. TRADE CHIEF ASKS CANADA, MEXICO TO ENFORCE TRADE PACT

  • Writer: By The Financial District
    By The Financial District
  • May 19, 2021
  • 1 min read

US Trade Representative Katherine Tai on Tuesday urged her Mexican and Canadian counterparts to work together to "implement, enforce and fulfill the terms" of the US-Mexico-Canada Agreement (USMCA) to maintain political support for the new trade deal.

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Tai, in remarks delivered to the first minister-level meeting to review the USMCA's implementation, said the three countries must take action to make it succeed, David Lawder reported for Reuters.


"For this agreement to be durable, it must serve the needs of everyday people – not just in the United States, but in Mexico and Canada as well. That will only happen if we deliver on our promises," Tai said.


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Tai met virtually with Mexican Economy Minister Tatiana Clouthier and Canadian Trade Minister Mary Ng as part of the USMCA Free Trade Commission, the deal's governing body that regulates some $1.5 trillion in annual North American trade.


The USMCA in July 2020 replaced the 1994 North American Free Trade Agreement (NAFTA), adding new chapters on environmental, labor and digital commerce standards and considerably tighter regional automotive content rules.


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Tai has made enforcement of USMCA and other trade deals an initial centerpiece of the Biden Administration's still-developing trade strategy. She helped negotiate stronger labor rights enforcement provisions in USMCA in 2019 as the top Democratic trade lawyer for US House Ways and Means Committee -- provisions that helped win broad bipartisan support.


She said USMCA was "only a step" toward a trade policy focused on workers, instead of the traditional goals of liberalizing trade and maximizing efficiency through far-flung global supply chains.



Happyornot makes feedback terminals measuring customer satisfaction sing smiley-face buttons.
Happyornot makes feedback terminals measuring customer satisfaction sing smiley-face buttons.

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