Optimism Renewed on Capitol Hill for USMCA

U.S. Trade Representative Robert Lighthizer had kind words for House Speaker Nancy Pelosi after they met this week to discuss the U.S.-Mexico-Canada Trade Agreement.

Lighthizer said that Pelosi is focusing on moving the deal forward. Senate GOP members who spoke with Lighthizer seemed more optimistic about the future of the deal, which Politico says was on “life-support” just weeks ago.

One sign that Pelosi is showing faith in the deal is the formation of four working groups to address Democratic concerns. Those concerns included improvements in the areas of labor, environment, and medicines. The fourth group will work on miscellaneous issues that Democrats want to get resolved.

There’s no timeline yet as to when the administration will formally submit the text of the agreement to Congress. Senate Republicans know time is of the essence. They share an administration goal of getting the deal done and approved by the end of the summer. That would give Republicans and President Trump a big victory going into the 2020 elections.