Mexico is withdrawing its objection to a labor provision in the U.S.-Mexico-Canada Agreement that threatened to derail the USMCA approval process, which is expected to take a major step forward this week in the U.S. House of Representatives.
House Speaker Nancy Pelosi says negotiations to bring the U.S.-Mexico-Canada Agreement to the House floor are ongoing, but procedural steps required once a deal with the Trump administration is secured could push a vote into the new year.
The Trump administration is in a hurry for Congress to ratify the U.S.-Mexico-Canada trade agreement, but many House Democrats showed Wednesday at a hearing that they won’t be hurried as they contemplate changes to the renegotiated North American trade pact.
The National Biodiesel Board says in a letter signed by more than 70 other organizations and stakeholders that the very industry they represent is on the line if lawmakers are unable to pass an extension of a $1-per-gallon tax credit.
WASHINGTON, Nov. 3, 2017 - The House GOP tax bill’s new rules for partnerships and other “pass-through” small businesses, together with new requirements for paying self-employment taxes, could significantly offset some of the legislation’s benefit to farms, experts say.