USMCA Legislation Approved in House, Could See January Vote in Senate

December 23, 2019

Legislation to implement the U.S.-Mexico-Canada Agreement updating NAFTA passed the House of Representatives on December 19 by a vote of 385 to 41.

Senate Majority Leader Mitch McConnell, R-Ky., has said he will bring the bill up for Senate consideration in January after a trial concerning the impeachment of President Trump. Canada has yet to ratify the USMCA and Mexico must still approve recent revisions made by the U.S. As a result, the agreement is not likely to take effect until mid-2020 at the earliest...

This was excerpted from 23 December 2019 edition of the Sandler, Travis & Rosenberg Trade Report.

Topic(s)

Trade Agreements

Information source

Industry Publication

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The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.

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