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    38.270
    0.3%
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    4.9%
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    14,306.180
    39.530
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  • OTRI.USA
    21.590
    -0.260
    -1.2%
  • OTVI.USA
    14,275.890
    38.270
    0.3%
  • TLT.USA
    2.630
    -0.020
    -0.8%
  • TSTOPVRPM.ATLPHL
    2.540
    0.060
    2.4%
  • TSTOPVRPM.CHIATL
    2.460
    0.270
    12.3%
  • TSTOPVRPM.DALLAX
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CanadaEconomicsNews

US, Canadian and Mexican officials make pre-holiday USMCA push

U.S., Canadian and Mexican officials met in Washington Wednesday afternoon in a pre-Thanksgiving bid to push through the ratification of the United States-Mexico-Canada (USMCA) trade agreement.

The hastily scheduled talks included U.S. Trade Representative Robert Lighthizer, Canadian Deputy Prime Minister Chrystia Freeland and Jesus Seade, Mexico’s undersecretary for North America, according to a statement from Canadian Prime Minister Justin Trudeau’s office.

The talks likely will involve changes to make the trade agreement palatable to congressional Democrats. On Nov. 26, Speaker Nancy Pelosi reported that an amended USMCA agreement was in sight.

“We are within range of a substantially improved agreement for America’s workers,” Pelosi said in a statement.

USMCA, which replaces the North American Free Trade Agreement (NAFTA), still needs to be ratified by the U.S. Congress as well as Canadian lawmakers. Mexico ratified the agreement in June.

The continued uncertainty over ratification has lingered over North American supply chains. Earlier this week, engine maker Cummins said it planned to shift more production to plants in Mexico to align with USMCA.

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Nate Tabak, Border and North America Correspondent

Nate Tabak is a Toronto-based journalist who covers cross-border trucking, logistics and trade for FreightWaves. Before moving to Canada, he spent seven years reporting stories in the Balkans and Eastern Europe as a reporter, producer and editor based in Kosovo. He previously worked at newspapers in the San Francisco Bay Area, including the San Jose Mercury News. He graduated from UC Berkeley, where he studied the history of American policing. Contact Nate at ntabak@freightwaves.com.

One Comment

  1. can you say Nancy the dumbass, crazy bitch, do nothing La la palozi. This is what happens when Democrats act like spoiled children. Trump is the best president in our lifetimes let him just do his job.

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