Mexican President Says Some Tariffs Under USMCA Can Be Immediately Suspended
Mexican President Andres Manuel Lopez Obrador said on Tuesday that some tariffs under the U.S.-Mexico-Canada trade agreement (USMCA) could immediately be suspended, as he visited the White House to meet U.S. President Joe Biden.
Last week, Obrador stated Biden and Canadian Prime Minister Justin Trudeau would discuss terms of the U.S.-Mexico-Canada (USMCA) agreement, which was ratified in 2018, during an upcoming visit to Mexico.
"We'll have a summit to discuss terms of the trade agreement treaty... in Mexico," Lopez Obrador said in a regular news conference.
Mexican Economy Minister Tatiana Clouthier said in an interview published Monday in national newspaper El Universal that the United States is "distorting" the USMCA by filing labor complaints against Mexico, which is in the process of updating its labor laws.
(Reporting by Nandita Bose and Rami Ayyub in Washington; writing by Kanishka Singh)
