Costa Rican official: USMCA expansion could help U.S. meet nearshoring, supply chain goals

Costa Rica’s ascension to the U.S.-Mexico-Canada Agreement is the “natural way forward” for the U.S.-Costa Rica trade relationship, the country’s vice foreign minister said this week, claiming that expanded cooperation between the two countries could bolster U.S. efforts to nearshore supply chains to the Western Hemisphere. Costa Rican President Rodrigo Chaves last December approached USMCA members about joining the trilateral trade agreement, an idea that immediately won some support in the U.S. Congress. During a June 12 Atlantic Council event...