Proposed USMCA Agreement Reached, Could Be on House Floor Next Week

U.S. and Mexican negotiators have hammered out a deal on USMCA and now it will be up to House Democrats to accept it or object. Bloomberg News reported Saturday that the proposed deal was reached after a marathon negotiating session Friday between Jesús Seade, Mexico’s top North American negotiator, and U.S. Trade Representative Robert Lighthizer.

“We’re doing well,” Seade told Agri-Pulse and other news outlets Saturday. “I’m confident. We’re close.”

House Majority Leader Steny Hoyer, D-Md., said Friday he believes the USMCA implementing bill could be on the House floor as soon as next week.

Nearly 160 House Republicans, including Minority Leader Kevin McCarthy of California, are sending a letter to Pelosi today, pressuring her to put the USMCA implementing bill on the House floor before the end of the year.

The top Republican on the House Agriculture Committee, Texas Rep. Mike Conaway, and fellow Texan Kevin Brady, the senior Republican on Ways and Means, also signed the letter, which will say that approving USMCA would be a “critically important victory for the American people.”

Source: AgriMarketing