USMCA expected to be signed on Friday
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USMCA expected to be signed on Friday
Posted on Nov 26
The new U.S.-Mexico-Canada Agreement (USMCA) is expected to be officially signed during the upcoming G20 summit taking place from November 30, 2018 to December 1, 2018 in Buenos Aires, according to a readout of a phone call between Mexican President Enrique Pena Nieto and Canadian Prime Minister Justin Trudeau.
Both politicians lauded the benefits that the USMCA is expected to provide member countries, especially the modernization of the North American strategic commercial alliance, strengthened competitiveness of the region and certainty to investments.
After Canadian officials had recently voiced some concern that existing U.S. steel and aluminum tariffs conflict with the central goals of USMCA and could delay the signing of the pact, Canadian Finance Minister Bill Morneau said on Thursday that negotiations about the tariff issues are ongoing between the U.S. and Canada separately from the trilateral efforts to get the USMCA signed.
The USMCA can be found on the website of the Office of the United States Trade Representative.