Summary
Fearing potential threats to the U.S.-Mexico-Canada trade pact (USMCA), Mexico is taking steps to reduce reliance on Chinese imports and comply with trade agreement standards.
Mexico President Claudia Sheinbaum announced efforts to replace Chinese parts with Mexican or North American-made components, including plans to produce microchips domestically.
Mexico is also amending laws to meet USMCA requirements, such as maintaining independent regulatory agencies.
This comes amid U.S. criticism over Chinese steel and parts entering North America via Mexico, with tariffs already imposed.
Doubt this will help. He’s just looking for an excuse to be racist. Still, producing microchips domestically isn’t a bad idea either way.
This just reminds me of when Trump met his campaign promise of destroying NAFTA by changing the initialism that describes NAFTA.
The changeover did effect things. It made it so damn complicated to send things to Canada that my company decided to mostly stop doing it.
Oh really? What makes it more difficult?
More paperwork, different paperwork. Biggest change is that it was no longer compatible with our manifest system, so we have to physically take every Canadian parcel to the Post Office and fill out the excise paperwork in person. Turned a ten-minute task into 1+ hour.
Well it is called
- USMCA (United States–Mexico–Canada Agreement) in American English
- CUSMA (Canada–United States–Mexico Agreement) in Canadian English
- ACEUM (Accord Canada–États-Unis–Mexique) in Quebec French
- T-MEC (Tratado entre México, Estados Unidos y Canadá) in Spanish
/joking
