USMCA May Be Heading To A House Vote

While progress on a “phase one agreement” between the U.S. and China remains forthcoming, there have been developments on another trade front. Speaker Nancy Pelosi has said that a deal on the United States–Mexico–Canada Agreement (USMCA) is in range, as she is waiting on the U.S. Trade Representative to draw up a copy of a modified, compromise agreement for her to review. House Democrats have been holding out for stronger enforcement mechanisms in the agreement before a vote in the House of Representatives is held, and they and the White House appear to be closing in on a deal.