The Senate overwhelmingly passed the Trump administration’s revision of the North American trade pact with Canada and Mexico, sending the deal to the White House where the president has said he may sign it in a grand ceremony next week.
The WTO’s appellate body — key to resolving disputes among its 164 member nations — ceased to function about a month ago, indefinitely putting key cases on hold that the U.S. ag sector would like to see settled.
The first shipment of U.S. chicken to be sent to China in years will be arriving in January, marking the resumption in trade after China lifted its ban just a little over a month ago, USA Poultry and Egg Export Council President Jim Sumner tells Agri-Pulse.
House Speaker Nancy Pelosi and Democratic leaders gave the green light on Tuesday to a revised U.S.-Mexico-Canada Agreement and, according to House Ways and Means Committee Chairman Richard Neal, a floor vote on the new North American pact could get a floor vote next week.
President Donald Trump’s claim that China is willing to address “agricultural structural issues” in a trade deal has the U.S. ag sector excited that real change may be coming to the U.S-China trading relationship beyond just increased commodity sales.