Mexico

Recent regulatory actions in Mexico have created “significant uncertainty” about its energy sector and damaged the investment climate, and they could run afoul of the U.S.-Mexico-Canada Agreement, top U.S. officials this week said in a letter to their Mexican counterparts.

While unions and Democratic lawmakers are eager to put the U.S.-Mexico-Canada Agreement’s new labor enforcement mechanisms to use, two officials overseeing the implementation of the deal recently took pains to note the substantial nature of Mexico’s labor reforms – and to stress that the road ahead won’t always be smooth. 

Many of Mexico’s labor obligations under the U.S.-Mexico-Canada Agreement remain unimplemented, an independent review board says in its first report to Congress, outlining a slew of concerns while offering recommendations for how the country can better fulfill its commitments.

The association leaders sent a letter to U.S., Mexican and Canadian officials.

“Prices have followed supply, and growers are now reporting tumbling prices across the board for vegetables.”

Mexico says joining the Global Ghost Gear Initiative reflects its “intention to comply with the environmental obligations assumed in the T-MEC.”

Mexico will not be hit with Section 232 restrictions on electrical transformer laminations and cores after agreeing to create a “strict monitoring regime” for those exports composed of grain-oriented electrical steel, U.S. Trade Representative Robert Lighthizer said on Thursday.

The Trump administration has not successfully enforced commitments made by Mexico and Canada in implementing the U.S.-Mexico-Canada Agreement, Senate Finance Committee ranking member Ron Wyden (D-OR) charged on Friday, citing labor and agricultural concerns, among others.

The panels will review USMCA parties’ final AD/CVD determinations in lieu of judicial review in domestic courts.