Mexico

A new digital taxation proposal in Mexico’s 2020 budget plans could threaten U.S. investments in the country’s tech market, lead to double taxation and run afoul of the U.S.-Mexico-Canada Agreement, according to a coalition of technology groups.

“Doing so is essential to promoting certainty and growth for manufacturing businesses, workers and families across the United States – each of whom relies on trade with our North American partners to prosper and grow.”

House Democrats and U.S. Trade Representative Robert Lighthizer are pushing to wrap up negotiations on outstanding U.S.-Mexico-Canada Agreement issues by the end of October, sources tell Inside U.S. Trade.

Mexican President Andrés Manuel López Obrador on Tuesday will send a letter to House Speaker Nancy Pelosi (D-CA) urging her to put the U.S.-Mexico-Canada Agreement to a vote, he told reporters this week.

Key House Democrats have received a new proposal crafted by Rep. Andy Levin (D-MI) that would address labor concerns with the U.S.-Mexico-Canada Agreement in part by requiring Mexico to implement labor reforms in at least 500 workplaces before the trade deal is ratified, Inside U.S. Trade has learned.

House Speaker Nancy Pelosi (D-CA) told reporters on Wednesday she is committed to resolving issues with the U.S.-Mexico-Canada Agreement despite an impeachment probe into President Trump -- a position Trump reduced to a “camouflage for trying to win an election.”

President Trump could move forward with most U.S.-Mexico-Canada Agreement provisions without congressional approval, according to a report published on Tuesday by the National Taxpayers Union Foundation.

The Trump administration's U.S.-Mexico-Canada Agreement implementing bill is being eyed as a potential trade-off for a pension measure that might ensure more Democratic support for the trade deal, according to a report issued this week by a conservative think tank.