Mexico won’t ratify new NAFTA with U.S. tariffs on steel and aluminum in place

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Mexico won’t ratify new NAFTA with U.S. tariffs on steel and aluminum in place
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As AMLO pushes labour reforms, Mexico won't ratify new NAFTA with U.S. tariffs in place

OTTAWA -— Mexico’s Congress will be asked to approve a major labour-reform bill this spring as a necessary step to ratifying the new North American free-trade pact later this autumn, say Mexican officials.

But a senior trade official in the new government of socialist reformer Andres Manuel Lopez Obrador suggested in an interview it wasn’t a huge sacrifice because elevating the status of country’s workers was a key plank in the platform that brought their Morena party to power. That means the new agreement will be sent to the Mexican Congress for ratification after reconvenes in Sept. 1, she said.

On Nov. 30, Prime Minister Justin Trudeau, Trump and former Mexican president Enrique Pena Nieto, who was on his last day in office, signed the new trade agreement. It now faces ratification by the legislatures of all three countries.

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