US Trade Envoy Meets Lawmakers on U.S.-Mexico-Canada Deal as Time Runs Short

  • Published Month : Thursday, 24 Oct 2019 07:00 pm

Robert Lighthizer met this week with Democratic lawmakers to try to resolve their concerns about the U.S.-Mexico-Canada (USMCA) trade agreement as Republicans increased pressure to get the deal passed by the end of 2019.

 

Lighthizer and other U.S. trade officials met on Wednesday with a working group of Democrats in the U.S. House of Representatives, Reuters reported.

Democrats said they were making progress every day, rejecting criticism from U.S. President Donald Trump and some Republicans who have accused them of stalling a vote on the deal that replaces the 1990s-era North American Free Trade Agreement (NAFTA).

Lighthizer also met with Republicans on the House Ways and Means Committee, said one of the sources. In addition, his staff met with congressional staff on Monday and Tuesday, according to two of the sources.

Despite the positive signals, Senate Finance Committee Chairman Chuck Grassley, a Republican, said in a speech on the Senate floor that he feared the Democratic-controlled House was “increasingly less likely to act this year on USMCA.”

He said Democrats appeared to be stalling to avert handing any victory to Republican Trump, but added that failure to act could cost them votes in the 2020 elections.

Delaying a vote on the deal could ultimately derail it since little legislation is likely to be finalized in a presidential election year.

As part of the USMCA, Canada and Mexico both raised their de minimis thresholds, aiding consumers and small businesses in the United States, but those levels will remain well below the U.S. level of $800, the highest in the world.

U.S. technology groups have said that lowering the U.S. threshold would undermine the broader gains of the deal.

Read More

 

About The Insight Partners:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

A PHP Error was encountered

Severity: Warning

Message: count(): Parameter must be an array or an object that implements Countable

Filename: amp/news_details_amp.php

Line Number: 252

Backtrace:

File: /home/smartmarketnews/public_html/application/views/amp/news_details_amp.php
Line: 252
Function: _error_handler

File: /home/smartmarketnews/public_html/application/controllers/Amp_controller.php
Line: 41
Function: view

File: /home/smartmarketnews/public_html/index.php
Line: 315
Function: require_once

Smarter Decisions with Smart News

Smart Market News is committed to getting its readers the latest updates and insights on industries that help in making “smarter” business decisions. With insights and inputs from corporate decision makers, we bring you the stories of adopting innovative solutions and strategies that have been changing the world. Our editorial insights on products, solutions, companies, and adoption of best practices not only help in understanding the markets better, but also prove to be a complete package for your information needs.

media@smartmarketnews.com | sales@smartmarketnews.com

Contact Us
Visit Our Sites
© The News and Media Division of The Insight Partners 2019 | All Rights Reserved | Privacy Policy