Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
You have 5 more viewings!
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
You have 4 more viewings!
You have 2 more viewings.
Unfortunately, you have no more viewings.
In the last week, there were a number of developments on the international trade front that could have varying impacts on the recycling industry.
All three parties to the U.S. Mexico Canada Agreement (USMCA) took their respective first procedural steps to begin the ratification process:
Much of the agreement’s future lies in the debate in Washington. The 232 tariffs have been lifted on products from Canada and Mexico, which was a major, bipartisan Congressional demand. House Democrats are saying that they wish to see how Mexico implements its labor reforms before they consider taking a vote … and are now calling the Administration’s filing of the “Statement” premature.
Then on Thursday night, after the markets and Administration offices closed, President Trump tweeted that he would impose tariffs on “all products” from Mexico until the country’s government takes action on the flow of immigrants passing through to the U.S. Because of the form and timing with which this announcement took place, there was no other information available to answer questions, such as will scrap be included? At the time of this writing, that is still unknown, but as soon as we know, ReMA will inform the membership.
The Mexican President already said he will not retaliate and will continue to move ahead with the ratification process for the USMCA. But on the U.S. side, it will have an effect on the debate in Congress as there has already been denunciations of the move by Members from both parties.
For more information, please contact Adina Renee Adler.