On Wednesday, the Senate put the finishing touches on USMCA.  Chuck Grassley, chair of the Finance Committee and Senate President Pro tempore, signed the agreement, the final step before the agreement heads to the White House.  President Trump was previously expected to sign the agreement sometime this week.

 

The ceremony Wednesday signals the end is close after the nearly three-year process of renegotiating the agreement, then further negotiations to gain U.S. congressional approval.  President Trump, in January 2017, announced his intention to renegotiate NAFTA, with trade talks starting in May of that year.  A deal was reached in September of 2018 between the U.S., Mexico and Canada.

 

On Sunday, President Trump told the American Farm Bureau Federation, that USMCA, and the agreement with China, “are just the beginning,” as his administration seeks more trade agreements.

 

 

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