Trading News

Mexican Government Rebuff the US Factory Inspector as Part of Trade Deal

Andrés Manuel López Obrador, President of Mexico, announced today that the government had rejected a US lawmakers’ plan to inspectors into the country’s factories. As part of the US-Mexico trade deal, Democratic lawmakers had proposed that inspectors should be allowed to inspect Mexican factories for labor law violations.

Mexico has stated that it wants a new North American trade accord with the US as soon as possible so that no complications can arise due to the elections next year.

However, Democratic lawmakers are worried that the absence of labor unions has led to low wages in Mexico and hence, resulted in the flight of US manufacturing jobs.

President Obrador stated that the Mexican government had passed the necessary reforms that would lead to free and fair labor union elections. He added that the government has also approved a budget for monitoring those elections.

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