LatinNews Daily - 11 December 2018

* The US Chamber of Commerce (USCC) has issued a statement underlining that after carefully assessing the new US-Mexico-Canada Agreement (USMCA) regional trade deal and its “impact on our members,” the USCC has “thrown its support behind [the trade deal], which is critical to maintaining strong economic growth” in the US. The USCC adds: “We will work with the [Donald Trump] administration and other stakeholders to address a handful of outstanding issues and secure approval of the USMCA in Congress”. It cites as a “critical first step” lifting the tariffs on “steel and aluminium imports from Canada and Mexico that were supposed to end once the USMCA was agreed to”. It adds that “these tariffs – imposed on our partners as a negotiating tactic – have invited $15bn in counter-tariffs on US agricultural and manufactured goods”.

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