House Speaker Nancy Pelosi last week voiced optimism for bringing up USMCA for House action, soon.  But there’s still no sign of a negotiating breakthrough with the White House, and as the American Farm Bureau Federation points out, the clock is ticking.  AFBF trade adviser Dave Salmonsen said for a vote to take place in 2019, it’s now or never.

 

“Realistically, as far as this happening, I think this current week that we’re in, here, is critical to actually coming to an agreement, and then, going through all the steps.”

 

Required steps include consulting Mexico and Canada on any changes in the U.S. implementing bill that impact the deal all three countries signed almost a year ago.  But what about Speaker Nancy Pelosi’s recent optimism that Democrats and the White House are “reasonably close” to working out labor, environment and enforcement issues?

 

“I am not aware that they have come to final closure on the issues they were negotiating on. The calendar and the clock is ticking, to finish it this year…with about 15 or 16-legislative days remaining.”

 

Salmonsen said a deal could still happen soon and the legislative steps can fall into place, quickly.  But noted impeachment action could become a factor, though Pelosi and Democrats admit, they need to show legislative accomplishments ahead of next year’s elections.

 

And Salmonsen says USMCA, remains a “top priority” on both sides.

 

 

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