North American trade pact on 3rd anniversary: Optimism is rising for U.S. and Mexican workers

Malaysia News News

North American trade pact on 3rd anniversary: Optimism is rising for U.S. and Mexican workers
Malaysia Latest News,Malaysia Headlines
  • 📰 WashTimes
  • ⏱ Reading Time:
  • 78 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 63%

To President Donald Trump, America's trade relationship with Mexico was intolerable. He seethed over the U.S. trade deficit and the shuttered factories in America's heartland. 'No longer,'' he vowed six years ago, 'are we going to allow other countries...

WASHINGTON — To President Donald Trump, America’s trade relationship with Mexico was intolerable. He seethed over the U.S. trade deficit and the shuttered factories in America’s heartland. “No longer,’’ he vowed six years ago, “are we going to allow other countries to break the rules, to steal our jobs and drain our wealth.”

Yet while the the deal’s overall impact has been slight, it has nevertheless been helping workers on the ground. It’s just that the beneficiaries have so far been mostly in Mexico. Novel provisions of the pact have enhanced the ability of long-exploited Mexican workers to form unions and secure better wages and working conditions.

The former president also predicted that exports of U.S. auto parts to Mexico would rise by $23 billion. They have increased since 2020 - but only by about $8 billion. Also complicating any effort to calculate the USMCA’s impact is President Joe Biden’s own aggressive efforts to rejuvenate American industry with trillions of dollars in infrastructure spending and subsidies.

Perhaps the most consequential changes the pact wrought were designed to reverse one of NAFTA’s unhappy byproducts for Americans: The old deal incentivized companies to close factories in the United States, ship production to lower-wage Mexico, then export goods back into the United States - duty free.

Even after the auto rules took effect, the United States was slapped down for the way it tried to enforce them. A USMCA trade court, in a case brought by Mexico and Canada, found that Washington was applying the rules more strictly than was allowed. So far, the United States has used the mechanism 11 times to demand corrections of labor law violations. Mexico has so far cooperated, by sending law enforcement and labor inspectors to guard ballot boxes in new votes that independent unions have mostly won.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WashTimes /  🏆 235. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PolitiFact - Donald Trump’s security detail is not proof he’s still presidentPolitiFact - Donald Trump’s security detail is not proof he’s still presidentFormer President Donald Trump arrived at a Waffle House with a motorcade in Columbus, Georgia, on June 10 following his
Read more »

PolitiFact - Donald Trump’s security detail is not proof he’s still presidentPolitiFact - Donald Trump’s security detail is not proof he’s still presidentFormer President Donald Trump arrived at a Waffle House with a motorcade in Columbus, Georgia, on June 10 following his
Read more »

Donald Trump audio emerges: Andrew Weissmann says new audio 'is game over' for TrumpDonald Trump audio emerges: Andrew Weissmann says new audio 'is game over' for TrumpFormer federal prosecutor Andrew Weissmann said it was “game over” for former President Donald Trump after audio was released Monday night of him discussing a “highly confidential” document with staffers.
Read more »

North American trade pact on 3rd anniversary: Optimism is rising for US and Mexican workersNorth American trade pact on 3rd anniversary: Optimism is rising for US and Mexican workersTo President Donald Trump, America’s trade relationship with Mexico was intolerable
Read more »

In an audio recording Donald Trump discusses a 'highly confidential' document with an interviewerIn an audio recording Donald Trump discusses a 'highly confidential' document with an interviewerAn audio recording from a meeting in which former President Donald Trump discusses a 'highly confidential' document with an interviewer appears to undermine his later claim that he didn't have such documents, only magazine and newspaper clippings.
Read more »



Render Time: 2025-02-27 05:27:32