Congress Returns with Push for USMCA

Dan Exports/Imports, Industry News Release, Trade


Lawmakers are returning to Washington this week with a renewed industry push to approve the U.S.-Mexico-Canada Agreement (USMCA).

Following the International Trade Commission Report, few steps remain to reach implementation. Vice President Mike Pence touted the deal during a stop in Michigan last week, and a road tour from Farmers for Free Trade crossed the country building support for passage of the agreement.

The ITC Report found the agreement will increase U.S. agricultural exports by $2.2 billion, according to the American Farm Bureau Federation.

The Trump administration must submit the final text of the USMCA to Congress 30 days before it is formally introduced. The House Ways and Means Committee and Senate Finance Committee may then take up to 45 days before introducing the bill to the full bodies of Congress. The bill will be considered by the House first, followed by the Senate. Because of Trade Promotion Authority, the deal will be considered with no amendments on an up or down vote.

Source: National Association of Farm Broadcasters