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Tuesday, May 14, 2024

Mexico braces for close trade scrutiny from Biden

Commuters queue in Tijuana to cross the border from Mexico to the United States

MEXICO CITY – After years of fiery rhetoric from outgoing President Donald Trump, Mexico is bracing for more discreet but steadfast pressure from Joe Biden’s administration to fulfill its trade obligations to the letter, analysts say.

Mexico and Canada were pressured by Trump to renegotiate the North American Free Trade Agreement (NAFTA), the 1994 pact that the Republican branded “the worst trade deal in the history of the country.”

After more than two years of arduous haggling, it was replaced as of July 1 by the US-Mexico-Canada Agreement (USMCA) — but only after the Democrats demanded US officials renegotiate key elements including labor provisions.

“Biden won’t be as hostile as Trump, but he will watch to see that the…

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