usmca

McConnell, Others, Optimistic on USMCA

Dan Exports/Imports, Industry News Release, Trade

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(NAFB) — Senate Majority Leader Mitch McConnell hopes lawmakers can reach a resolution on the U.S.-Mexico-Canada Agreement soon. Speaking to CNBC this week, McConnell says “USMCA is something we can agree on,” referring to the Democrat-led House of Representatives and Republican-led Senate.

President Donald Trump announced the three nations reached an agreement one year ago this week. Concerns regarding the impeachment effort in the House are building as some fear the effort may derail USMCA.

However, House Speaker Nancy Pelosi says the USMCA working group will continue efforts to reach an agreement with the White House. However, labor and environment provisions remain as sticking points in the talks.

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Agriculture Secretary Sonny Perdue told dairy farmers Tuesday at World Dairy Expo he is optimistic a vote in the House will happen soon. Perdue says every provision in the agreement is an improvement, compared with the North American Free Trade Agreement, for U.S. agriculture.

Mexico has already ratified the agreement and Canada is expected to do so following its federal elections later this month.

Source: National Association of Farm Broadcasters