Mexico objects to USMCA labor provision

Friday, 20 Dec, 2019

"But those changes will have virtually no measurable impacts on wages or incomes for US workers", they concluded.

The House floor vote on Thursday will follow a vote on Wednesday in the Democrat-controlled House on whether to launch formal impeachment proceedings against Trump.

But on Monday, Seade said he was "very satisfied" with the new terms. By all accounts, the U.S. "(The agreement has) not changed that much.

Speaking during the daily press conference in Mexico City on Monday morning, Mexico's Foreign Secretary Marcelo Ebrard said the country will not accept USA attachés in their territory - but did not suggest there was a threat to the deal passing.

The newspaper said Lighthizer released a letter to Seade that said the new US attachés "will not be labor inspectors".

It is unclear if Mexico's concerns will affect the timing for House action.

The newly revised U.S. -Mexico-Canada Agreement (USMCA) is "a net negative" for all three economies due to its regulatory mandates especially in autos, according to a new analysis published by the Peterson Institute for International Economics (PIIE) Tuesday.

The bill received bipartisan support in the committee and is expected to receive similar backing when the full house votes on it.

The Senate, however, will not consider the legislation until after any impeachment hearings, likely around late January.

Democratic Representative Earl Blumenauer, who chairs the Ways and Means trade subcommittee, said the drugs changes were important for Democrats.

Steel producers in North America now call upon their respective governments to take urgent action to approve and implement the USMCA as soon as possible. To qualify for zero tariffs, a vehicle or truck must have 75 percent of its components manufactured in one of the three countries; NAFTA only required 62.5 percent local content.

"For 25 long years, NAFTA has strangled American jobs and wages and torn us apart", Pascrell said in a tweet.

The legislation outlines a network of interagency groups to monitor the workings of the trade pact, a renegotiated and updated version of the North American Free Trade Agreement.

"For the first time, there truly will be enforceable labor standards", Trumka said, "including a process that allows for the inspections of factories and facilities that are not living up to their obligations".

He said the agreement would create up to 500,000 new jobs and set a template for future trade deals.

$2 million per year after fiscal 2020 for a new office to oversee an interagency effort to rapidly respond to claims of labor violations.