In this file:
· Canada: U.S. Legislation to Ratify USMCA Believed Close
· US: Doubt Growing on USMCA Passing in 2019
U.S. Legislation to Ratify USMCA Believed Close
Colin Robertson - Canadian Global Affairs Institute
Farmscape for November 26, 2019
The Vice President of the Canadian Global Affairs Institute is confident a deal that will allow a smooth ratification of the United States-Mexico-Canada Agreement by the U.S. is close.
The agreement intended to modernize the North American Free Trade Agreement has been ratified in Mexico and legislation to ratify it in Canada is expected to be reintroduced by the new government in the House of Commons where it had reached second reading before being derailed by the federal election.
Colin Robertson, the Vice President and a fellow of the Canadian Global Affairs Institute, observes discussion have been underway to address concerns of the Democrats related to labor protection, the environment and patent drug protection, to ensure approval in the Democrat controlled House of Representatives.
Clip-Colin Robertson-Global Affairs Institute:
The deal is close to being done but, when you're dealing with Donald Trump, you just never know what's going to happen.
He is, as we all know and as we've witnessed over the last three years, unpredictable and a tweet which might go up the nose of the Democrats could well lead to this thing not proceeding even though the negotiations are essentially done.
We are in the midst of impeachment hearings and that clouds things so we're not sure how that all is going to go.
Essentially the deal is done and I think Nancy Pelosi will not allow the legislation to be introduced until she is sure she's got the votes.
Once it gets there, I think it will pass through very quickly, two or three days, a couple of days in the House Ways and Means Committee and then going to the full House for approval and then flipping over to the Senate for similar fast passage.
The passage, I think, in the Senate is pretty much assured because the Republicans have the majority there and then the President would sign it off.
The original hope was to have it all done by Christmas.
The impeachment hearings are likely to delay the rise of Congress until closer to Christmas so that may give some window in the House and Senate schedule for this to go through.
I think we'll know in the coming days so watch that space.
Doubt Growing on USMCA Passing in 2019
Hoosier Ag Today
Nov 23, 2019
Speaker of the House Nancy Pelosi appears doubtful that the U.S.-Mexico-Canada Trade Agreement (USMCA) will be passed this year.
After she met with U.S. Trade Representative Robert Lighthizer and House Ways and Means Committee Chair Richard Neal last week, there was no deal and not much time left on the legislative clock.
“We’ve made progress,” she said after leaving the 90-minute meeting. “I think we’re narrowing our differences.”
She said earlier in the day that they’ll still have several steps to take even after they finally reach an agreement. The clock is ticking.
Last Thursday was the last day before the House takes its Thanksgiving break. The Trump Administration and some Democrats hoped to strike a deal...