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U.S. edges closer to finalizing trade deal with Mexico and Canada

High level officials from the U.S., Canadian and Mexican governments met Wednesday in Washington seeking to finalize a new trade agreement.

AP:

The session involved U.S. Trade Representative Robert Lighthizer, Canadian Deputy Prime Minister Chrystia Freeland and Mexican Undersecretary for North America Jesús Seade.

“Today it was a good meeting, good work has been done,” Freeland told reporters after a session that lasted about an hour.

The United States, Mexico and Canada agreed last year to replace the 25-year-old North American Free Trade Agreement with a new pact, the U.S.-Mexico-Canada Agreement.

It needs approval by legislators in each country, and only Mexico’s congress has ratified the deal so far.

MacDailyNews Take: It will be good to have a signed USMCA pact in place as soon as possible!

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