Bloomberg: Trump Administration Sent Pelosi USMCA Proposal for Review

Posted on 12/08/2019 5:46 AM

Mexico’s top trade negotiator to return to Washington Monday for meetings

USMCA update:

  • Members of Mexico’s Senate were slated to meet key negotiators Sunday afternoon to deliberate on the latest version of the U.S.-Mexico-Canada Agreement (USMCA), said Majority Leader Ricardo Monreal. “I have spoken with Foreign Minister [Marcelo] Ebrard and Deputy Minister [Jesus] Seade about the advances in the U.S. ratification of USMCA,” Monreal said on Twitter. “Tomorrow, Sunday, we will meet after noon in the Senate to find out what they are and set our position as a constitutional ratification body.”
  • The Trump administration sent House Speaker Nancy Pelosi (D-Calif.) a proposal for changes to the deal for review, Bloomberg reported, citing people familiar with the talks.
  • Seade left USTR Bob Lighthizer’s office Saturday about midday and told reporters he plans to return to Mexico before traveling back to Washington for more talks on Monday. On Friday night, Seade told reporters he was optimistic a deal can still be finalized in 2019. “I’m confident this is going to reach home, but we’re working on it,” he said.
  • A last-minute hang-up also emerged this past week over rules governing steel and aluminum content requirements in the auto sector.

 

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