US, Mexico Begin High-Stakes Talks to Renegotiate USMCA Trade Pact Amid Tariff Tensions
Start of High-Stakes Negotiations to Renew the USMCA WASHINGTON (AP) — More than $4 billion in goods cross the United States' borders with Canada and Mexico each day, including U.S. auto parts bound for car factories in northern Mexico, cartons of Mexican avocados bound for California supermarkets, and Canadian aluminum destined for Campbell Soup cans. Much of this thriving cross-border trade is duty-free, thanks to the US-Mexico-Canada Agreement, or USMCA, which President Donald Trump negotiated with America's northern and southern neighbors during his first term. However, the future of the USMCA, which went into force on July 1, 2020, is uncertain as the three countries begin what could be...
