The U.S.-Mexico-Canada Agreement moves forward this week with a House Ways & Means Committee vote slated for Tuesday and full House consideration expected two days later -- though the implementing bill has raised some questions in Mexico.
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The House on Thursday passed the U.S.-Mexico-Canada Agreement’s implementing bill 385-41, setting up the Trump administration's signature trade deal for Senate consideration – and ratification – in 2020.
The Senate should not consider the U.S.-Mexico-Canada Agreement under Trade Promotion Authority fast-track procedure because the Trump administration has failed to comply with the law, Sen. Pat Toomey (R-PA) said on Thursday.
Major opposition parties in Canada's Parliament last week expressed concerns over the modified U.S.-Mexico-Canada Agreement, potentially throwing a wrench in the ratification process in Ottawa but not putting the deal's future in serious jeopardy, analysts said this week.
The European Parliament on Wednesday overwhelmingly passed a resolution supporting aspects of an Organization for Economic Cooperation and Development digital tax proposal that Treasury Secretary Steven Mnuchin criticized earlier this month.
The U.S. on Wednesday appealed a World Trade Organization compliance panel with India over countervailing duties to the non-functioning Appellate Body it hobbled, blocking India from retaliating against alleged U.S. non-compliance indefinitely.
Senate Finance Committee members Tim Scott (SC) and James Lankford (OK) believe the U.S. should prioritize efforts to strike a bilateral deal with New Zealand next year, a subject Scott said he recently raised with U.S. Trade Representative Robert Lighthizer.
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The House on Thursday passed the U.S.-Mexico-Canada Agreement’s implementing bill 385-41, setting up the Trump administration's signature trade deal for Senate consideration – and ratification – in 2020.
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The Senate should not consider the U.S.-Mexico-Canada Agreement under Trade Promotion Authority fast-track procedure because the Trump administration has failed to comply with the law, Sen. Pat Toomey (R-PA) said on Thursday.
World Trade Organization
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This dispute is one of four pending appeals the Appellate Body will finish following its paralysis last week.
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The U.S. on Wednesday appealed a World Trade Organization compliance panel with India over countervailing duties to the non-functioning Appellate Body it hobbled, blocking India from retaliating against alleged U.S. non-compliance indefinitely.