Transport Topics
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A new trade agreement between the United States and Mexico contains a provision that could boost cross-border package delivery, ratchets up pressure on manufacturers to source more products domestically and may lead to more restrictions on Mexican trucks operating in the United States, according to early assessments from business and industry officials.
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President Donald Trump said he would pull out of the World Trade Organization if it doesn’t treat the United States better, continuing his criticism of a cornerstone of the international trading system.
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There’s been a lot of talk, and a good bit of hand-wringing, but last week there was finally a breakthrough on a renegotiated North American Free Trade Agreement. As of this writing, a deal only existed between the United States and Mexico. But Canada was at the table.
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The United States’ declared deadline for a handshake agreement from Canada to revamp NAFTA has arrived, and it’s unclear whether optimism from Donald Trump and others will be enough to spur concessions that would bridge the final divides.
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