How likely is the U.S. Congress to approve USMCA this year, and what sorts of complications would pushing its ratification into 2020 bring? How are political dynamics affecting the deal’s passage? If the trade pact is delayed further, to what extent will North America’s manufacturers suffer?
At the end of the day, it was Mexico and Canada that won the hard-fought battle to preserve most of NAFTA, writes former Mexican president Ernesto Zedillo in The Washington Post.
How will the changes affect the three North American countries, and which sectors are set to gain or lose the most from them?
In the annual meeting of the world’s largest economies, which starts on Friday in Argentina, it seemed that Latin America and its most pressing concerns – such as the crisis in Venezuela – would be the priorities. However, it is now clear that the current complex global dynamic will dominate.
A year ago, the emergence of Guaidó brought some hope to Venezuela. He, and many others, then believed that international and national pressure would make the military turn from Maduro to Guaido, resulting in the regime’s fall. They were mistaken. They were guilty of a lack of realism. Today is a time for realism. It is also a time to be creative, open to new possibilities that have a chance, however remote, of ending the nightmare in our hemisphere.