North American Free Trade Agreement

House minority leader Kevin McCarthy (R-CA) said on Thursday that Congress must pass the U.S.-Mexico-Canada Agreement by Thanksgiving or the deal won’t be ratified at all, putting the onus solely on House Speaker Nancy Pelosi (D-CA) to bring an implementing bill to the House floor.

“There's a lot of uncertainty in this industry. And this negotiation is looking for certainty for the next four years for these workers.”

“The longer negotiations drag on, the tougher the situation for farmers, who face retaliatory tariffs as well as a lot of uncertainty about what markets are going to look like.”

Donohue said his prediction was “not just based on some thought I came up with in the middle of the night.”

The Office of the U.S. Trade Representative’s U.S.-Mexico-Canada Agreement counterproposal to House Democrats is being kept under wraps due to national security, House Ways & Means Committee Chairman Richard Neal (D-MA) told Inside U.S. Trade on Thursday.

Larsen spoke about the status of the U.S.-Mexico-Canada agreement, as well as the U.S.-China trade conflict and the shifting politics of trade.

U.S. Trade Representative Robert Lighthizer on Wednesday submitted a formal counterproposal to the House Democrats’ U.S.-Mexico-Canada Agreement working group, according to a House Ways & Means Committee spokesperson.

The AFL-CIO disapproves of Mexico’s budget proposals for labor reform in 2020, a trade specialist with the union federation told Inside U.S. Trade.

The top trade official at the Agriculture Department told farmers on Monday that he expected a deal in principle with Japan, announced by the president last month, would “go live” around Jan. 1.