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Mexico agreed to ensure that 75 percent of automotive content will be produced within the trade bloc, up from a current 62.5 percent, to receive duty-free benefits.
Mexico hopes the rules of the agreement would prevent the U.S. or Canada from simply walking away when the trade pact comes up for review in 2026. Experts agree, saying that totally abandoning the ...
We have the trade deal with the United States, Canada and Mexico... There is no need,' Mexican President Claudia ...
The U.S. and Mexico reached an agreement on Monday to enter a new trade deal, ending months of talks regarding a replacement for the North American Free Trade Agreement (NAFTA).
Mexico hopes the rules of the agreement would prevent the U.S. or Canada from simply walking away when the trade pact comes up for review in 2026. Experts agree, saying that totally abandoning the ...
Trade agreements establish shared foundational rules for countries to govern their economic interactions. Though offering ...
President Donald Trump teased a "big deal" on trade with Mexico Monday, in a reference to ongoing negotiations to revise the North American Free Trade Agreement (NAFTA).
The agreement also requires that more than 40% of auto content be made by workers inside the trade bloc who earn at least $16 an hour. That's about three times the current average hourly pay for ...
By 2024, Mexico accounted for nearly 16% of U.S. trade, while China's share fell to 11%. Together with Canada, these countries represented 36.5% of all U.S. imports, highlighting a significant ...