USMCA

Canada threatens US with tariffs over EV tax credit

A tractor-trailer passes by a US, Canadian and United Nations flagl

The Canadian government is threatening to impose tariffs on U.S. exports and suspend select provisions of the United States-Mexico-Canada Agreement over a proposed tax credit for U.S electric vehicles.

Tariffs would target U.S. exports “in a manner that will impact American workers in the auto sector” as well as other industries, Deputy Prime Minister Chrystia Freeland and Trade Minister Mary Ng wrote in a letter to eight U.S. senators Friday. Additionally, Canada is considering suspending parts...

https://www.freightwaves.com/news/canada-threatens-us-with-tariffs-over-ev-tax-credit

US settles labor dispute with Mexican auto parts factory

The U.S. parent company of a Mexican auto parts factory has agreed to recognize worker rights and pay back wages to laid-off employees to settle a labor rights complaint filed under the United States-Mexico-Canada Agreement (USMCA).

The agreement under the trade pact was announced Tuesday by the U.S. Trade Representative and the Tridonex plant in Matamoros, Mexico.

“The agreement reached with Tridonex to provide severance, back pay and a commitment to neutrality in future union elections shows...

https://www.freightwaves.com/news/us-settles-labor-dispute-with-mexican-auto-parts-factory

“What spurred construction of Laredo’s World Trade Bridge?”

On April 24, 2000, the World Trade Bridge in Laredo, Texas, held a dedication ceremony to great public fanfare.

Then-Texas Gov. George W. Bush attended the grand opening, along with President Ernesto Zedillo of Mexico.

The eight-lane, $128 million World Trade Bridge crosses over the Rio Grande River and connects Laredo to Nuevo Laredo, Mexico. It was constructed to handle the rapid growth of commercial truck traffic between Mexico and the United States.

“Today we are celebrating not just a bridge...

https://www.freightwaves.com/news/what-spurred-construction-of-laredo-world-trade-bridge

Cross-border consulting helps navigate USMCA ups and downs

This July marks the first anniversary of the adoption and implementation of the United States-Mexico-Canada Agreement (USMCA). The agreement has brought about new opportunities for cross-border trade; is your organization taking advantage of these changes?

With close to $2 billion in trade flowing across the U.S.-Mexico border daily, it’s imperative that logistics service providers know what’s at stake.

Reliance Partners’ Borderless Coverage offers USMCA and international trade consulting to...

https://www.freightwaves.com/news/cross-border-consulting-helps-navigate-usmca-ups-and-downs

Borderlands: Trade experts take stock on USMCA’s first anniversary

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Trade experts take stock on USMCA’s first anniversary; more factories and jobs for Mexico; Quiet 3PF opens distribution center in Dallas; and border officials see uptick in migrants hiding in trains.

Trade experts take stock on USMCA’s first anniversary

July 1 will mark the first anniversary of the United States-Mexico-Canada Agreement (USMCA).

The trade pact was...

https://www.freightwaves.com/news/trade-experts-take-stock-on-usmcas-first-anniversary

US extends COVID-19 travel restrictions with Mexico and Canada

Land and ferry border crossings between the United States, Canada and Mexico will remain closed to nonessential travel until at least July 21.

U.S. Homeland Security (DHS) announced the border closure extension Monday. Commercial trucks will continue to move freely across the borders, as the movement of essential goods remains exempt from the restrictions.

“To reduce the spread of #COVID19, the United States is extending restrictions on nonessential travel at our land and ferry crossings with...

https://www.freightwaves.com/news/us-extends-covid-19-travel-restrictions

Borderlands: Mexico remains top US trade partner, Canada No. 2

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico remains top US trade partner; second USMCA labor complaint lodged at Mexican factory; Hyliion expands Texas headquarters; and avocado imports from Mexico up 26%.

Mexico remains top US trade partner, Canada No. 2

For the second month in a row, Mexico was the main trading partner of the U.S., followed by Canada in second place and China in third. 

Trade between the...

https://www.freightwaves.com/news/borderlands-mexico-remains-top-us-trade-partner-canada-no-2

First USMCA labor complaint filed against Mexican auto parts supplier

A Mexican auto parts supplier became the first company to receive a labor violation complaint under the United States-Mexico-Canada Agreement (USMCA) on Monday.

The complaint against the Tridonex auto parts factory in Matamoros, Mexico, just across the border from Brownsville, Texas, alleges workers were denied independent union representation in violation of the trade pact, which replaced the North American Free Trade Agreement in July 2020.

The AFL-CIO, the largest U.S. labor federation, filed...

https://s29755.pcdn.co/news/labor-complaint-filed-against-mexican-auto-parts-supplier

Viewpoint: CP-KCS merger makes sense; CN takeover does not

By Byron L. Dorgan, retired U.S. senator from North Dakota

Making an exception is different than changing one’s mind. That’s how I came to the conclusion that, although I have been a strong and relentless critic of mergers by big Class I railroads, the recently proposed merger by Canadian Pacific (CP) and Kansas City Southern (KCS) is an exception that makes good sense for American shippers, consumers and the economy at large.  The recent proposal by Canadian rival CN to buy KCS instead would be...

https://s29755.pcdn.co/news/viewpoint-cp-kcs-merger-makes-sense-cn-takeover-does-not

Transmission: Auto suppliers will head south for better weather

Here’s what’s cookin’ today in Transmission:

  • Suppliers are following OEMs to Mexico
  • VW unveils its new EV strategy 
  • Industry news

Suppliers are following OEMs to Mexico

There are a couple of trends shaking up the automotive industry in the years ahead. Electric vehicles are the obvious example that comes to mind. Other examples include the rise of digitization in new vehicle models and the need for an omnichannel car-buying experience. One trend often gets left out: the growing reliance on...

https://www.freightwaves.com/news/transmission-auto-suppliers-will-head-south-for-better-weather

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