Quote-unquote: On USMCA expansion, the China tariff review, and more
The talk of trade: Expand USMCA? Not so fast, Chamber report says . “Why is [U.S.-Mexico-Canada Agreement] expansion problematic? In many ways, the USMCA is a bespoke suit that won’t fit the U.S. trade relationships with countries such as Ecuador and Uruguay. For example, it is doubtful that meaningful trade could even be conducted between the U.S. and these two countries under the USMCA’s highly prescriptive rules of origin for the automotive and textile/apparel sectors (which the current administration seems...