After months of negotiations the White House and House Democrats reached a deal today that clears the way for passage of the US-Mexico-Canada Agreement (USMCA).
The next step requires the Trump administration to submit legislation to Congress. Once the White House hands over written text to Congress, they will have a 90-day window to approve USMCA. The House is expected to vote on USMCA next week. The Senate could complete approval before the end of the year.
MWFPA President Jason Culotta released the following statement regarding the agreement:
“The Midwest Food Products Association is pleased with the news that the Trump Administration and House Democrats have reached agreement concerning the USMCA. We thank U.S. Trade Representative Robert Lighthizer, House Speaker Nancy Pelosi, House Ways and Means Chairman Richard Neal, and members of the House Democrats’ Working Group for their perseverance and active participation in forging this historic agreement.
We trust this development will now pave the way for final approval of USMCA quickly, which will benefit food manufacturers, American agriculture and consumers.”
MWFPA has joined with numerous food and agriculture companies and associations in requesting the U.S. Senate and House leadership to move quickly to approve the USMCA. Together they have indicated that stressed that USMCA will benefit the U.S. agriculture and food industry while providing consumers a more abundant supply of high-quality, safe food at affordable prices. it would build on the success of the prior NAFTA agreement ultimately leading to freer markets and fairer trade.