Leaders in House and Senate Discuss Senate Finance Committee Approval of USMCA

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Recently, the leading Republican on the House Ways and Means Committee Kevin Brady (R-TX) released the following statement after the Senate Finance Committee approved the new United States-Mexico-Canada Agreement (USMCA):

“The Senate Finance Committee’s strong vote in favor of advancing USMCA to the Senate floor is a significant milestone. This new trade deal ensures America will continue to improve American lives and provide new jobs and growth. I commend Chairman Grassley for his leadership in building support for this agreement in the Senate, and I encourage swift action on the Senate floor so we can send this agreement to the President’s desk as soon as possible. It’s time to bring this deal across the finish line so we can bring North American trade into the 21st Century.”

Also this week U.S. Senator Roger Wicker (R-MS), Chairman of the Senate Committee on Commerce, Science, and Transportation,  joined Senators Chuck Grassley (R-IA) James Risch (ID), and John Barrasso (R-WY)., to discuss their committees’ plans to report the U.S.-Mexico-Canada Agreement (USMCA) favorably next week.

“When you’ve got a good trade agreement, we sell twice as many of our goods and products to those countries as we do to the rest of the world,” Wicker said. “This update of NAFTA, this bipartisan achievement of USMCA, is good for America, it is good for workers, it is good for agriculture to the tune of $2.2 billion.”

In a statement the Senators stated that “Once the committees have favorably reported the agreement, it can be considered by the full Senate for final passage.

“’The parliamentarian has required that we report it. We are going to do so on an expedited basis, and on a bipartisan basis. And that will be part of the quick response next week to moving this along toward reality,’ Wicker said.

“The USMCA agreement is a much-needed update to the Clinton-era North American Free Trade Agreement (NAFTA). It was negotiated by President Donald Trump in 2018 and was recently approved by the U.S. House of Representatives after a significant delay from House Speaker Nancy Pelosi. Now that the agreement has come to the Senate, USMCA is expected to receive expedited consideration and be ratified with wide bipartisan support.”

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