Mexico City & Washington mull new trade fix to win over Democrats

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Mexico City & Washington mull new trade fix to win over Democrats

Later on Friday, the 5th of July 2019, a top Mexican official close to Mexican President Andres Manuel Lopez Obrador, said that Mexico had been working side-by-side with US Trade Representative, Robert Lighthizer, in order to overhaul a loophole in the recently reached North American trade deal, USMCA, which cancelled 25-year-old free trade treaty between the North American nations, NAFTA.

Since the USMCA deal had yet to be ratified in Canadian, Mexican and United States’ parliament, at a time when Democrats had been trying to make life difficult for Trump Administration ahead of a 2020 presidential election campaign in the US house of congress following US mid-term election that gave away controls of US House of Representative to Democrats, ratification of USMCA deal had been facing off tougher-than-anticipated drawbacks.

Nonetheless, according to the senior Mexican official’s comment on Friday (July 5th), office of Mexican commerce ministry and Lighthizer had been working on a possible reform of the deal to satisfy demands of the democratic policymakers, who had long been arguing for a tougher labor provision law and protection of environment.

Adding that labor and environmental protection laws had still been a key concern for the Democrats, a spokesman for US house speaker Nancy Pelosi, Henry Connelly said, “The speaker continues to work with her caucus and the USTR to strengthen these critical areas of the proposed agreement”.