Interesting timing.
Hmmm…
#BREAKING New North American trade deal to take effect July 1, US says pic.twitter.com/jXPwbOhn8h
— AFP news agency (@AFP) April 24, 2020
www.foxbusiness.com/economy/ew-north-american-trade-pact-to-take-effect-july-1-ustr
U.S. Trade Representative Robert Lighthizer on Friday said he has notified Congress that the new U.S.-Mexico-Canada trade agreement will take effect on July 1, a month later than initially proposed.
In a statement, Lighthizer said both Mexico and Canada had taken measures necessary to comply with their commitments under the U.S.-Mexico-Canada Agreement (USMCA), which replaces the 26-year-old North American Free Trade Agreement (NAFTA).
Some industries, including automakers, had been arguing for a delayed implementation because of the difficulties they are facing from the coronavirus pandemic.
Mexico had asked the United States and Canada for a longer transition period for the auto industry to certify that it was meeting new, more stringent North American content rules.
Lighthizer said his office would work to ensure a smooth implementation of the new trade rules.
www.ibtimes.com/new-n-america-trade-deal-take-effect-july-1-us-2964731
Good deal or sucking sound 2.0?
h/t Builder