CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the High risk of losing your money.

USTR Lighthizer: US-Mexico-Canada agreement has 'most ambitious labor chapter' ever negotiated

2019-06-18 22:30

In his prepared remarks delivered to lawmakers on Tuesday, the U.S. Trade Representative, Robert Lighthizer, said that the U.S.-Mexico-Canada (USMCA) trade pact has the 'most ambitious labor chapter' ever negotiated.

Key quotes (via Reuters)

  • USMCA pact as watershed development for labor, reducing incentives to outsource jobs.

  • We are having constructive discussions with lawmakers on improvements to the USMCA.

  • Hopes to submit implementing legislation that Congress can approve very soon.

Lighthizer didn't touch on the U.S.-China trade negotiations in his remarks but may have to respond to questions on that matter during the Q&A session.

This article is published only for general use basic informatory purposes and should not be considered or depended on as a financial or investment advice. Investors should make sure that they understand the risks and seek independent financial advice at all times. CFDS ARE COMPLEX INSTRUMENTS AND COME WITH A HIGH RISK OF LOSING MONEY RAPIDLY DUE TO LEVERAGE.

Economic news

    Exchange Rates

    GBPUSD -0.23% 1.3759
    EURUSD +0.19% 1.16433
    XAUUSD +0.52% 1792.56
    XTIUSD +2.02% 83.855
    NAS100 -0.39% 15335.7
    US30 +0.05% 35599.3