Consejo Mexicano de Asuntos Internacionales

Última actualización:
2024-06-15 00:44

THE USMCA TRADE PACT CAN ENSURE NORTH AMERICA’S SUCCESS, IF WE SETTLE A FEW DISPUTES

Publication Date: 05-06-2023

In 2022, trade between the United States, Mexico and Canada amounted to over $1.5 trillion, or close to $3 million per minute. This milestone underscores a remarkable double-digit growth over the past two years, and so far, Mexico and Canada remain the U.S.’s top trading partners. Moreover, the three countries currently account for almost a third of global GDP, with intra-regional goods commerce alone supporting a staggering 9.5 million or more jobs across North America.

Nevertheless, to sustain the track record of this vibrant partnership within the bounds of the new United States-Mexico-Canada Agreement (USMCA), the three countries must showcase their ability to swiftly resolve existing disputes, particularly those observed in the agriculture, automotive and energy sectors; these areas remain vital building blocks of the region’s long-term economic success. By proactively tackling these issues, the trilateral partnership can ensure continued growth and opportunities for all, as the USMCA enters its third year in operation.

Sigue leyendo aquí