MEXICO CITY/WASHINGTON -- As the revamped North American trade pact known as the USMCA marks its third anniversary, the trade bloc has come back into focus amid tensions with China, but the deal has fallen short on Washington's original goal of attracting manufacturers to the U.S.
Trade
China tensions keep Mexico in spotlight, 3 years on from USMCA
Low labor costs draw manufacturers avoiding U.S. tariffs aimed at Beijing
U.S. President Joe Biden's administration has sought to draw manufacturing investment to North America as a whole for economic security purposes. © Reuters
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