Ways and Means panel hearing on USMCA next week

House Democrats are seeking beefed-up labor, environment, enforcement and pharmaceutical provisions in the trade agreement.

Ways and Means panel hearing on USMCA next week

House Democrats are seeking beefed-up labor, environment, enforcement and pharmaceutical provisions in the trade agreement.

Ways and Means panel hearing on USMCA next week

House Democrats are seeking beefed-up labor, environment, enforcement and pharmaceutical provisions in the trade agreement.

 

   The House Ways and Means Trade Subcommittee will hold a hearing on enforcement in the U.S.-Mexico-Canada Agreement (USMCA) at 10 a.m. ET May 22, subcommittee Chairman Earl Blumenauer, D-Ore., announced Wednesday.
    It is unclear who will testify as the hearing notice doesn’t identify any witnesses.
    House Democrats are seeking beefed-up labor, environment, enforcement and pharmaceutical provisions in USMCA, though the new pact includes stronger provisions in these areas than NAFTA.
    Last week, Blumenauer said Democrats and the Trump administration haven’t gotten into specifics of how the agreement might be tweaked to assuage Democrats’ concerns. He noted that the next three months is the “sweet spot” to determine whether Congress and the Trump administration can build consensus on changes to the agreement.

We’ve been understanding during this negotiation process, but we cannot withstand another year in which our most important foreign market continues to slip away and soybean prices are 20 to 25%, or even more, below pre-tariff levels.

Twelve container shipping companies deploy capacity from Asia to Mexico, with COSCO deploying the most capacity on the trade each week, according to BlueWater Reporting's Carrier/Trade Route Deployment Report.

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Ways and Means panel hearing on USMCA next week

House Democrats are seeking beefed-up labor, environment, enforcement and pharmaceutical provisions in the trade agreement.

May 15, 2019 on Dec 27, 2018AmericanShipper.com

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Ways and Means panel hearing on USMCA next week

House Democrats are seeking beefed-up labor, environment, enforcement and pharmaceutical provisions in the trade agreement.

May 15, 2019 on Dec 27, 2018AmericanShipper.com