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Progress but No Handshake Deal on USMCA

Progress but No Handshake Deal on USMCA

House Speaker Nancy Pelosi, Ways and Means Chairman Richard Neal, and U.S. Trade Representative Robert Lighthizer met for an hour and a half on November 21 in their latest efforts to seek a path toward a congressional vote this year on the United States-Mexico-Canada Agreement (USMCA). While a so-called “handshake deal” addressing a small number of lingering concerns was not announced, Pelosi left the meeting declaring: “We made progress; I think we’re narrowing our differences.”

 

Despite the limited number of legislative days remaining in 2019, Chairman Neal said he “is still hopeful that a deal could be struck soon that would allow Congress to pass the pact this year. He said he would talk with Lighthizer again before Thanksgiving, and even joked he would be spending the holiday with the trade chief,” Politico reported.

 

“We’re going to stay right at this through the next week, and we’re going to have a couple counterproposals,” Neal told the press. “With all seriousness, we do think we’re down to two-and-a-half, maybe three issues.” The remaining issues reportedly relate to labor enforcement.

 

 

Senior Vice President for International Policy John Murphy (jmurphy@uschamber.com).

 

 

Foto tomada de: eleconomista.com.mex

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