The White House steps up its campaign to get Congress to approve the U.S.-Mexico-Canada trade agreement this week, dispatching U.S. Trade Representative Robert Lighthizer for hearings on both sides of Capitol Hill.
The U.S., Canada and Mexico are getting close to a deal to lift U.S. steel and aluminum tariffs on its North American allies, clearing the way for ratification of a new trade pact for the three countries, says U.S. Treasury Secretary Steven Mnuchin.
Mexico is the largest foreign market for U.S. corn and distiller’s grains and the U.S. Grains Council has chosen its top representative there, Ryan LeGrand, to take over as president and CEO next month.
The U.S.-Mexico-Canada Agreement is going to have to be torn open to add labor enforcement measures or the newly renegotiated trade pact will have no chance of ratification in the U.S., AFL-CIO President Richard Trumka said Tuesday.
The U.S.-Mexico-Canada Agreement would be an overall win for the U.S. farm sector, reforming biotechnology and phytosanitary standards, but it would also allow for only “slight increases” in exports of some U.S. agricultural commodities, according to a 379-page analysis released today by the U.S. International Trade Commission.
The renegotiated North American trade pact is popular in the U.S., Mexico and Canada, but the Trump administration and U.S. lawmakers are making ratification increasingly difficult with complications that threaten to derail the process.
If American almond, citrus, pork, apple and dairy farmers want any chance of regaining their markets in China, Mexico and Canada, U.S. steel and aluminum tariffs will likely have to be lifted. The problem, however, is the threat of cheap foreign metal flooding the U.S. market is now as high as ever.
The Trump administration, seeking to gain support for the U.S.-Mexico-Canada Agreement from apprehensive House Democrats, sent its chief trade advisor to Capitol Hill Wednesday morning to try to sell the pact and address lawmakers’ concerns.