World Perspectives

USMCA Down, Now Up; Buy the Rumor – How’s That Working Out?; WTO Showdown

USMCA Down, Now Up U.S. House Democrats are sounding more positive about their ability to pass USMCA, though it is unclear whether it will be this year or next. They are being warned about attempting passage in a presidential election year, but this isn’t the old days before social media when reporters moved on, memories faded, and so controversial work could be safely done in non-election years. Nowadays, things like USMCA either must be defensible, or not. The deal making involves enforcement of Mexico’s labor commitments, which seems doable, and extraneous unrelated matters. The wild card is the impeachment process, which shouldn’t be implicated but it is hard to strain it out. Buy the Rumor – How’s That W...

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