Canada–United States relations

Mexico becomes first country to pass USMCA trade deal

Mexico's President Enrique Pena Nieto US President Donald Trump and Canadian Prime Minister Justin Trudeau signing a trade deal
Mexico's President Enrique Pena Nieto (L) US President Donald Trump (C) and Canadian Prime Minister Justin Trudeau, sign a new free trade agreement in Buenos Aires, on November 30, 2018, on the sidelines of the G20 Leaders' Summit. Photo: Saul Loeb/AFP/Getty Images

Mexico became the first nation to ratify the U.S.-Mexico-Canada trade deal on Wednesday with little opposition within the Mexican Senate, reports Politico.

Details: The new North American free-trade agreement may not be in its final format as House Democrats demand changes to the deal regarding enforcement, labor, the environment and drug pricing, per Politico. Mexico must sign off on any future changes.

The 2020 trade war president

Illustration: Sarah Grillo/Axios

Multiple U.S. trade conflicts — with China, Mexico and, waiting their turn, Europe, Japan and Canada — are roiling the world economy. But one or more of them is still likely to be on the boil late next year, when President Trump faces a possibly tough re-election.

Quick take: Experts queried by Axios say Trump is likely to want to keep needling trade grievances through Election Day next year as evidence that the U.S. faces a showdown in which only he is equipped to prevail.