UPDATE 1-Mexico accepts U.S. steel demand in USMCA trade deal, but with conditions

Mexico would accept a U.S. demand on steel in the United States-Mexico-Canada Agreement if the rule took effect at least five years after the trade pact's ratification, Mexican Foreign Minister Marcelo Ebrard said on Sunday. Mexican lawmakers earlier this year approved the deal, known as USMCA, which would replace the North American Free Trade Agreement. U.S. Trade Representative Robert Lighthizer also made a last-minute demand to restrict the definition of what would constitute North American steel and aluminum under automotive rules of origin, calling for the metals to be "melted and poured" only in North America.
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