Mexico becomes first country to sign USMCA trade agreement

Image result for wait and seeMexico approved the U.S.-Mexico-Canada trade agreement on Wednesday, ratifying the agreement with a 114-4 majority and becoming the first country to give its stamp of approval.

Mexican President Andrés Manuel López Obrador was a proponent of the deal, essentially ensuring its passage in a Senate held by his party. The deal, which is an update to the North American Free Trade Agreement, must now gain approval from U.S. and Canadian lawmakers.

House Speaker Nancy Pelosi (D-Calif.) has yet to set a date to vote on the pact, and Democrats have said they want to see some changes in the agreement’s labor and environmental rules.

Canada isn’t opposed to the agreement, but Canadian officials have said they are following U.S. pacing on ratification.

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