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.
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.
House Speaker Nancy Pelosi, D-Calif., has at times been a critical ally for farm groups and rural Democrats. They hope they can count her again, this time to get the U.S.-Mexico-Canada Agreement approved, and to keep her caucus from being pulled too far to the left.
Lawmakers seeking to simultaneously boost energy production and reduce carbon emissions are urging House leaders to adopt a tax package providing incentives for the implementation of carbon sequestration.