Tuesday, November 5, 2019

Politicians closing in on trade deal

The Democrats are close to being satisfied with the free trade deal among the United States, Mexico and Canada, according to news from a Mexican official.

Mexico's top North American negotiator, Jesús Seade, thinks an agreement could come before the end of the month.

Seade is basing his optimism on conversations held with House Speaker Nancy Pelosi and U.S. Trade Representative Robert Lighthizer last week. 


Seade believes a vote on USMCA will come up in the House before the U.S. Thanksgiving holiday on Nov. 28.

Talks between congressional Democrats and U.S. President Donald Trump’s administration officials over changes to the pact with Canada and Mexico were in the “last mile,” Pelosi said. 

She said she will allow a vote on USMCA in return for concessions on labour and enforcement provisions. 

Canada has been waiting for U.S. approval before it finalizes Parliamentary approval for the deal.