© Reuters. FILE PHOTO: The Normal Motors plant is seen as its staff are to vote on whether or not to reject or maintain the collective bargaining settlement, marking the primary main take a look at of labor guidelines beneath the United States-Mexico-Canada Settlement (USMCA), in Silao, Mexico
MEXICO CITY (Reuters) – Mexico expects the US to adjust to automotive guidelines in a brand new North American commerce pact, a senior official stated, taking a agency line forward of high-level talks subsequent week clouded by a dispute over the way forward for the automotive trade within the area.
Mexico and Canada have for months been at odds with the US over the applying of regional content material necessities for the auto trade, one of many cornerstones of the United States-Mexico-Canada Settlement (USMCA) commerce pact.
The 2 international locations argue for a extra versatile interpretation of the foundations than the one taken by U.S. officers.
When requested late on Thursday whether or not a brand new methodology might be utilized to keep away from taking the dispute to a world tribunal, Deputy Economic system Minister Luz Maria de la Mora informed Reuters:
“No, as a result of we’re not renegotiating (USMCA). It is about honoring what was agreed within the treaty,” she added.
High U.S. and Mexican officers are on Sept. 9 in Washington attributable to restart the so-called excessive stage financial dialogue, talks that have been suspended throughout the Trump administration.
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