22 Jun 2017
US Trade Rep. Lighthizer: Mexican labor laws need to be addressed in NAFTA renegotiations
Speaking in front of a panel of lawmakers on Capitol Hill, U.S. Trade Representative Robert Lighthizer said that Mexican labor laws need to be addressed in NAFTA negotiations.
Key quotes (via Reuters):
- Very troubled about Ford plan to move some production to China
- If Ford's plan was motivated by 'non-economic' factors, administration could take action
- Administration has a high priority to not disrupt sales of agricultural products to Mexico or Canada
- Value added taxes create an unfair advantage in terms of trade