Updated: Jan 21, 2020
The Independent Bakers Association applauds the passage of the US-Mexico-Canada Agreement (USMCA) yesterday by the U.S. House of Representatives on a bipartisan vote of 385-41. The vote comes more than 14 months after the treaty's signing, due to lengthy negotiations between Trade Representative Robert Lighthizer and Democratic leaders. Lawmakers on both sides of the aisle credited Ambassador Lighthizer, who was in the House gallery to watch the vote, with helping bring the Trump administration and House Democrats together on a compromise deal.
USMCA must still pass the Senate before it heads to President Donald Trump's desk. Senate Majority Leader Mitch McConnell (R-KY) maintains he will not present USMCA for a vote until after the Senate impeachment trial. The trade deal is expected to pass with strong bipartisan support in the upper chamber.
After the House vote, Minority Leader Kevin McCarthy (R-CA) summed up his party and the White House's sentiment that USMCA's completion will help strengthen the country's position in ongoing trade negotiations with China.
“Our hand would only have been stronger if today happened months ago,” Leader McCarthy said. “Another goal that President Trump continues to make progress on is our negotiations with China. Today will make him stronger and hopefully help his hand."
In addition to the China negotiations, which made substantial progress in recent weeks, Ambassador Lighthizer plans to focus on possible deals with the United Kingdom and European Union.
IBA will continue to track the progress of USMCA and other trade happenings throughout 2020. Please contact Andrea Hart for more details.
With content from POLITICO.