USMCA Deal Could Emerge Later This Week

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A final agreement on the U.S.-Mexico-Canada Agreement is within days, according to some in Washington. A Mexican trade official last week told reporters Mexico was expected to approve changes to the agreement this week, which could then set up a vote in Congress. The official said, “maybe days, so maybe sometime next week,” regarding timing, according to Politico.

The comments followed a meeting with Canada’s Prime Minister, Justin Trudeau, and Deputy Prime Minister Chrystia Freeland. A vote doesn’t mean the deal can be completed still in 2019, but would mark significant progress to finalizing the trade pact within the next few months.

USMCA is one of many legislative items on the agenda this month, as Congress must also yet again work towards funding the federal government. Lawmakers may also consider two farm labor bills, and provisions regarding biodiesel tax credits, as part of a broader energy bill. Meanwhile, the House of Representatives continues its impeachment investigation this week in the House Judiciary Committee.