The USMCA is a long way away from becoming law, as Senate majority leader Mitch McConnell says there’s no chance U.S. lawmakers will be able to vote on ratifying USMCA this year
Learn more of why USMCA is the name of the trade agreement
“That will be a next-year issue because the process we have to go through doesn’t allow that to come up before the end of this year,” McConnell told
The final details of the agreement have yet to be worked out, and trade officials are hoping to have the specifics ironed out by the end of November, which would have made the timeline to ratify a deal in 2018 extremely tight to begin with.
The USMCA timeline in a nutshell
The updated pact, which is now called the USMCA, still needs to be approved by each nation’s legislatures. Mexico is on track for its new legislature to ratify the deal in December, and the Canadian government is planning to put the trade pact to a vote next year too.
Senate Majority Leader Mitch McConnell says that a vote on Trump’s NAFTA replacement won’t come until 2019
Do you need a reliable North American Logistics Partner?
Contact your strategic partner specialized in cross-border solutions between Mexico and the US
Send us an email and we can build a solution for you!
[wpforms id=”5636″ title=”true” description=”true”]
“We inspire confidence and peace of mind to our customers by providing integrated logistic services that are focused on contributing to their competitive advantage”.