Mexico wins trade battle over U.S.




New York – The newly-elected president of the U.S. is near his 100 day mark and with recent historic low ratings, another lost is the last thing that the Trump administration needed. Trump suffered his first defeat Tuesday against Mexico.

The World Trade Organization (WTO)  ruled in Mexico’s favor over the U.S. in the trade batter over tuna that has been ongoing for years between the two countries.

The U.S. believed that Mexico was not applying by the “dolphin safe” agreement. However, Mexico says they have complied with the rules and that dolphins were not killed by tuna fisherman.

This win means that Mexico can now impose trade sanctions worth $163 million a year against America because the U.S. unfairly penalized Mexican tuna.

Trump wants to renegotiate the free trade agreement between Mexico, U.S., and Canada, also known as NAFTA. On Monday, the Commerce Department announced a 20% tariff against Canadian softwood lumber.

In order words, Trump has managed to upset Canada and has been defeated by Mexico.

Mexico proved that they have upheld international standards on commercial fishing and environmental preservation.

The Republican party controls the oval office, House, and the Senate yet still are struggling to be productive. Trump average ratings was in the 40% range, lowest ever in President history.

 

Facebook Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post

Facebook