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Mexico Approves New Trade Deal With U.S., Canada

WorldNews Friday, 21 June 2019
Mexico Approves New Trade Deal With U.S., CanadaMexico ratified the new North American trade agreement Wednesday, making the country the first to give it final approval despite recent tension with the United States, the South China Morning Post reported. The United States-Mexico-Canada Agreement (USMCA) passed in the Mexican Senate with 114 votes in favor and just four against, sending what the economy ministry called “a clear message in favor of an open economy and deepening economic integration in the region.” There was little doubt the new deal would pass easily in Mexico: The one it aims to replace, the North American Free Trade Agreement (NAFTA), has helped turn the country into an exporting powerhouse over the past 25 years. Opening...
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News video: Mexico signs USMCA trade deal presented by Trump administration

Mexico signs USMCA trade deal presented by Trump administration 00:32

Mexico ratified the United States-Mexico-Canada Agreement (USMCA) this week. According to Reuters, the deal replaced the North American Free Trade Agreement (NAFTA). Mexican President Andres Manuel Lopez Obrador said the approval was “very good news.” Mexico’s Senate voted 114 in favor with...

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