Mexico accepts US steel demand in USMCA, with conditions
[MEXICO CITY] Mexican Foreign Minister Marcelo Ebrard said on Sunday that Mexico would accept a US proposal regulating steel in the United States-Mexico-Canada Agreement, but only if the rule took effect at least five years after the pact's ratification.
Mr Ebrard also said the Mexican government would not accept the US proposal to conduct labour inspections in Mexico, or US demands over rules for aluminum, in revisions to the trade deal known as USMCA.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month