In this file:
· Tuesday Is Earliest President May Start USMCA Congressional Debate
· NCBA, State Affiliates Urge Approval of USMCA
· We can't afford to delay passage of USMCA trade deal
Tuesday Is Earliest President May Start USMCA Congressional Debate
By AgDay TV
via AgWeb - July 8, 2019
Congress will be back in session with the House of Representatives returning on Tuesday.
Tuesday is the earliest date the President can submit legislation to officially start Congressional debate on the new United States- Mexico- Canada (USMCA) agreement.
Senate Finance Committee Chairman, Republican Chuck Grassley says while progress is slow, Democrats are warming to the idea of adding side agreements to the trade deal.
Farm Journal Washington Correspondent Jim Wiesemeyer reporting a group of Democrats, appointed by House Speaker Nancy Pelosi, wants to address labor, environmental, pharmaceutical, and enforcement provisions in the plan. It is seeking to meet with U-S Trade Representative Bob Lighthizer this week. The group also invited Lighthizer to meet each week that the House is in session this month...
more, including video report [0:42 min.]
NCBA, State Affiliates Urge Approval of USMCA
Drovers News Source
July 8, 2019
The National Cattlemen’s Beef Association (NCBA) sent a letter signed by 39 of its state affiliates to U.S. Senate and House leaders urging them to support the swift ratification of the U.S.-Mexico-Canada Agreement (USMCA).
The letter to Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer, House Speaker Nancy Pelosi, and House Minority Leader Kevin McCarthy is NCBA’s latest salvo in the battle to build support for USMCA ratification, coming less than two weeks after the group launched a new media campaign to push the accord.
“American cattle producers need to maintain our unrestricted, duty-free access to markets in Canada and Mexico, and that’s exactly what USMCA would guarantee us,” said NCBA President Jennifer Houston. “Jeopardizing that access by having Congress not take action on USMCA is simply not an option for us.”
In addition to calling on Congress to quickly ratify USMCA, the letter also encouraged the Capitol Hill leaders to oppose efforts to re-instate failed policies of the past, such as mandatory country-of-origin labeling, or MCOOL...
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We can't afford to delay passage of USMCA trade deal
By Rep. Michael McCaul (R-Texas), Opinion Contributor, The Hill
McCaul is ranking member of the House Foreign Affairs Committee. He has served Texas's 10th district since 2005. The views expressed by contributors are their own and not the view of The Hill.
President Trump gave his lawfully required 30-day notice that he intends to submit the United States-Mexico-Canada (USMCA) trade deal to Congress for ratification. This action brought us one step closer to implementing a strong trilateral agreement that will significantly improve commerce between our countries. Mexico has already ratified the deal and Canada is well on its way to doing so. As the negotiation period expires today, I urge my Democratic colleagues not to stand in the way and let Congress finish the deal.
The USMCA modernizes and rebalances the 25-year-old North American Free Trade Agreement (NAFTA). Texas has been the biggest beneficiary of NAFTA in the U.S., accounting for almost a quarter of all NAFTA trade last year, including more than $120 billion in exports to Canada and Mexico. USMCA presents an opportunity to build on this success by bringing continental trade into the 21st century.
A recent report by the U.S. International Trade Commission (USITC) found that USMCA will generate tens of billions of dollars, bolster domestic employment by more than 175,000 jobs, and raise wages for American workers. It would also reduce the U.S. trade deficit with Mexico. The USMCA is expected to add 76,000 jobs to the U.S. automotive sector alone. In addition, USMCA will give American farmers greater access to the Mexican and Canadian markets.
Importantly, the agreement includes modern issues that NAFTA did not cover, such as digital trade — an area where Texas is a world leader. When Congress approved NAFTA in 1993, the prevalence of the Internet was so low in the United States that the Census Bureau didn’t even record statistics on usage. Today, almost 90 percent of Americans are online. When the USMCA is ratified, online commerce could grow further, helping to boost our economy and create more American jobs.
The USMCA also locks in historic reforms to Mexico’s energy sector, where NAFTA explicitly excluded foreign investment. Thanks to the USMCA, Texas companies will have long-term certainty to invest in Mexico’s oil, gas and power sectors. And after years of declining production and underinvestment, Mexico can benefit from American technology, experience and expertise to enable it to bolster output. This will deepen North American energy integration, enabling the U.S., Mexico and Canada to reduce our reliance on Middle East oil and other unstable sources of energy.
The agreement will raise standards in other areas, like intellectual property rights, labor and environment, agriculture, and automotives. These new standards don’t just matter for North American trade — our trade agreements become reference points for other trading blocs. As the Trump administration prepares to formally launch trade talks with other trading partners, such as the European Union, it is critical that Congress passes the USMCA to bolster the president’s negotiating position.
Democrats have raised concerns about Mexico’s labor market and drug prices, in what appears to be an attempt to delay passage of the deal. Here are the facts: