Snowballing signals from the White House of losing patience over the slow pace of ratification of the U.S.-Mexico-Canada Agreement could force a showdown with House Democrats, and there’s a lot at stake for the U.S. ag sector.
House Speaker Nancy Pelosi on Thursday announced her desire for a vote to approve the U.S.-Mexico-Canada Agreement that the U.S. ag sector is counting on for continued trade in North America that is mostly tariff-free.
Several House Democrats stood in the sweltering summer heat Tuesday afternoon with AFL-CIO President Richard Trumka, pledging to gathered reporters and supporters there will be no vote on the U.S.-Mexico-Canada Agreement until the Trump administration meets their demands.
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.