A notice, released today for publication in the Federal Register, states that the U.S. president has notified Congress of an intention to enter into a trade agreement with Mexico and “with Canada if it is willing, in a timely manner, to meet the high standards for free, fair, and reciprocal trade contained therein.”
Read the notice [PDF 170 KB] which is scheduled to be published in the Federal Register on 5 September 2018.
In a related release, the U.S. Trade Representative said:
[T]he President notified the Congress of his intent to sign a trade agreement with Mexico – and Canada, if it is willing – 90 days from now. The agreement is the most advanced and high-standard trade agreement in the world. Over the next few weeks, Congress and cleared advisors from civil society and the private sector will be able to examine the agreement. They will find it has huge benefits for our workers, farmers, ranchers, and businesses.
We have also been negotiating with Canada throughout this year-long process. This week those meetings continued at all levels. The talks were constructive, and we made progress. Our officials are continuing to work toward agreement.
For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:
John L. McLoughlin
Luis (Lou) Abad
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