Mexico Becomes First Country to Approve New NAFTA Deal - Articles

All Content

Posted by: Jarod Word on Jun 20, 2019

Mexico recently became the first nation to ratify the new North American free-trade agreement (NAFTA), with its Senate approving the proposed rules in a landslide 114 to 4 vote, The Washington Post reports. Mexico remains a strong advocate of the program, which has been a huge boon to its economy, allowing 80 percent of its exports to flow into the U.S. Canada is also on board with the new NAFTA proposal, but is waiting to see how the agreement shakes out with leaders in the U.S. as ratification is pending on an agreement between the Trump administration and Congress. Mexico is currently the number one trade partner of the U.S.