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Balanced Reporting. Trusted Insights.
Sunday, April 06, 2025
The European Union and Mexico concluded the last outstanding element of their negotiations of a new trade agreement on Tuesday and plan to advance to the signature and ratification phases.
U.S. Trade Representative Robert Lighthizer on Friday sent official notice to Congress that the U.S.-Mexico-Canada Agreement will be ready for implementation on July 1, the final step in the long process that will ensure that most agricultural tariffs between the three countries remain at zero.
The State Department agreed to accelerate approvals of H-2A farm workers by waiving interviews for many applicants, a move welcomed by agricultural groups who feared that embassy cutbacks amid the COVID-19 pandemic would leave farms without needed labor.
Canada’s House of Commons and Senate went into overdrive Friday and rushed through votes to approve implementing legislation for the U.S.-Mexico-Canada Agreement before going on recess amid concerns over the spread of the coronavirus.
President Donald Trump on Wednesday signed the implementing language for the U.S.-Mexico-Canada Agreement into law, leaving Canadian ratification as the last hurdle for the pact that would preserve the strong trade ties between the three North American countries.
The Senate overwhelmingly passed the Trump administration’s revision of the North American trade pact with Canada and Mexico, sending the deal to the White House where the president has said he may sign it in a grand ceremony next week.
The Senate will likely clear the U.S.-Mexico-Canada Agreement this week, ahead of an impeachment trial for President Donald Trump, says Majority Leader Mitch McConnell.
The Senate is moving ahead with the procedures needed to ratify the U.S.-Mexico-Canada Agreement despite uncertainty over whether the impeachment process will bring the process to a halt.
The U.S.-Mexico-Canada Agreement is headed for easy approval on the Senate floor, but the uncertainty surrounding the impeachment process could mean farmers and ranchers will have to wait several more weeks for that final congressional vote.
The Senate Finance Committee on Tuesday easily approved the U.S.-Mexico-Canada Agreement with a bipartisan 25-to-3 vote, potentially setting the trade pact up for a speedy floor vote.