POST Online Media Lite Edition


Mexico ratifies modified free trade deal with U.S., Canada

Christian Fernsby |
The Mexican Senate ratified the modified U.S.-Mexico-Canada Agreement (USMCA) after protracted negotiations for more than two years.

Article continues below

Topics: MEXICO    TRADE    U.S.    CANADA   

Mexican President Andres Manuel Lopez Obrador tweeted that he signed the free trade deal and the Senate ratified it, saying "now it is up to the congresses of the United States and Canada to do the same."

However, U.S. Senate Majority Leader Mitch McConnell said on Tuesday that the upper chamber will not take a vote on the USMCA before it adjourns for the year.

Representatives of Mexico, the United States and Canada earlier on Tuesday signed off on the revised free trade agreement.

The changes to USMCA call for the creation of a panel of experts from the three partners countries to ensure compliance and resolve any potential disputes.

What to read next

South Korea turning to Russia for free trade deal amid pressure from U.S.
Brazil seeks new free-trade deals with Mexico, EU
U.S. reaches deal with Canada, Mexico to remove steel, aluminum tariffs