Skip to content
Subscriber Only

Democrats Hold Out on USMCA as Trump Walks Back Mexico Tariffs

  • Pelosi’s caucus still seeks to fix labor, environment elements
  • Canada, Mexico, U.S. Republicans offer support for trade deal
Video player cover image
Bill Morneau Sees Clear Path Ahead of USMCA After Trump Shift on Mexico
Updated on

President Donald Trump’s decision not to impose tariffs on Mexico removed one obstacle for Congress to approve his North American trade deal, but his administration has more work to do to smooth the final stages of the accord’s ratification.

Trump accepted Mexico’s offer of tougher immigration enforcement as sufficient to dissuade him from levying a 5% charge on all Mexican imports. The move late Friday deflated tensions with Mexico and, as far as Canada is concerned, clears a path for the U.S.-Mexico-Canada trade agreement to move forward, Canadian Finance Minister Bill Morneau said Sunday on Bloomberg TV.