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The United States, Canada and Mexico have announced they have reached a deal modernizing the North American Free Trade Agreement (NAFTA), now called the United States-Mexico-Canada Agreement (USMCA).
In a joint statement issued on September 30, 2018 by from United States Trade Representative Robert Lighthizer and Canadian Foreign Affairs Minister Chrystia Freeland, they announced:
U.S. lawmakers attending NAFTA talks in Montreal expressed optimism on Sunday that efforts to update the trade pact would avoid collapse and start gaining momentum and said they urged negotiators not to bind themselves to a specific deadline.
Negotiators fail to finalize any new sections of agreement, Further talks set for Washington in Dec., Montreal in Jan.
The latest round of Nafta talks wrapped up without major breakthroughs, the latest signal talks have bogged down on controversial proposals from U.S. President Donald Trump’s administration.
The three ministers leading negotiations to revamp Nafta will get two chances for face-to-face talks this month, including one near the slopes of Davos.
The North American Free Trade AgreementNorth American Free Trade Agreement has increased San Diego’s competitiveness, with trade currently supporting an estimated 110,000 jobs in the region, the vice president for international business affairs of the San Diego Regional Chamber of Commerce, testified on Monday.
Paola Avila, who recently was named chair of the the Border Trade Alliance, a trade advocacy group, was among those speaking in favor of the treaty in San Antonio, Texas, before the U.S. Senate Subcommittee on International Trade, Customs and Global Competitiveness.
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- Enrique Esparza, CEO Of Co-Production International to Be Part of Panel of Experts Discussion NAFTA: Policy and Practice Renegotiated by the Global Chamber of Commerce
- Special Educational Forum and 1-Day Factory Tour to Highlight Impact of NAFTA Negotiations for Medical Device and Aerospace Manufacturing in Mexico
- Nafta Negotiators Are Said to Tackle Labor, Rules of Origin
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