News

USTR Lighthizer: US-Mexico-Canada agreement has 'most ambitious labor chapter' ever negotiated

In his prepared remarks delivered to lawmakers on Tuesday, the U.S. Trade Representative, Robert Lighthizer, said that the U.S.-Mexico-Canada (USMCA) trade pact has the 'most ambitious labor chapter' ever negotiated.

Key quotes (via Reuters)

  • USMCA pact as watershed development for labor, reducing incentives to outsource jobs.
  • We are having constructive discussions with lawmakers on improvements to the USMCA.
  • Hopes to submit implementing legislation that Congress can approve very soon.

Lighthizer didn't touch on the U.S.-China trade negotiations in his remarks but may have to respond to questions on that matter during the Q&A session.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.