The U.S.-Mexico-Canada agreement, now signed by the three member countries, still faces a long road before agriculture can reap the benefits of the trade deal. Replacing the North American Free Trade Agreement, the deal must be approved by the governments of all three nations. David Salmonsen, senior director of congressional relations at AFBF, explained in Tuesday’s Newsline that there are several steps before consideration by the U.S. Congress.
“There’s some required reports, the International Trade Commission is required to do a report about the economic impacts, that’s due mid-March next year,” Salmonsen said. The administration also has to send up what’s called an implementing bill. “Congress doesn’t vote on the agreement, they vote on a bill which makes the changes to U.S. law to make the agreement come into effect,” he noted.
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