USMCA Wont Pass This Year Unless Deal Reached by Weeks End: Grassley

The U.S.-Mexico-Canada trade agreement probably wont pass this year unless a deal is reached this week, Sen. Chuck Grassley, the President Pro Tempore, said on Dec. 2.

“Ive come to the floor many times to speak with my colleagues about the U.S.-Mexico trade agreement. I recently spoke with my colleagues in the House of Representatives and also officials within the administration about the same subject. By all accounts, the deal is close,” Grassley said on the Senate floor.

“I urge House Democrats to act quickly and be reasonable so that we can finally deliver certainty on this issue to the American people. It has now been more than a year since the leaders of Canada, Mexico, and the United States signed the agreement. So Americans have waited a year for what can happen now to happen.”

Grassley said the deal would create hundreds of thousands of new jobs and boost wages but warned the deals conclusion would likely be delayed into next year if it wasnt ratified by the end of the week.

“The end of this years legislative session is rapidly approaching, as we all know. If a deal cannot be reached by the end of this week, I do not see how the USMCA can be ratified in the year were in. As it is, the window of opportunity for 2019 is extremely tight. Now is the time for the Democrat-controlled House of Representatives to act so we can act now in the United States Senate,” he said.

House Speaker Nancy Pelosi (D-Calif.) speaks to the media during her weekly press conference at the U.S. Capitol in Washington on Nov. 21, 2019. (Alex Edelman/Getty Images)

Sen. John Cornyn (R-Texas) also called for the House to pass the USMCA.

“Over the last few weeks Ive been hearing rumors—which I hope are true—that a deal on the USMCA is very close,” he said.

“The USMCA comes now after nearly a year of negotiations between the administration and Speaker Pelosi and her House colleagues to resolve some differences and Im cautiously optimistic that we may Read More – Source