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Mexico first to ratify USMCA
Mexico is the first to ratify the U.S. Mexico Canada
Agreement. The deal received wide support in the Mexican Senate, which voted 114
to 4. Three abstained.
Politico quoted one Mexican lawmaker saying the USMCA is synonymous with
opportunity in the short and long term.
The agreement still has to pass lawmaking bodies in Canada and the U.S. House
Speaker Nancy Pelosi favors strengthening enforcement language of the deal, but
any change requires a sign-off from Mexico and Canada.
The USMCA is meant to replace the North American Free Trade Agreement that went
into effect among the same three countries in 1994.
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