Today, the top Republican on the House Ways and Means Committee Kevin Brady (R-TX) released the following statement after the Mexican Senate passed the United States-Mexico-Canada Agreement (USMCA), becoming the first country to ratify the new trade agreement:
“I congratulate the Mexican Senate for voting overwhelmingly to ratify USMCA this afternoon. Today’s action, combined with passage of Mexico’s landmark labor legislation earlier this spring, demonstrate Mexico’s solid commitment to serious reform and tough new rules to create fairer trade. Now it’s time for the U.S. Congress to pass USMCA as soon as possible to unlock the benefits of this agreement for U.S. workers and our local businesses. The longer Congress delays, the more our country loses out on new jobs, more customers for Made-in-America goods, and a stronger economy.”
‘Mexico’s Senate on Wednesday passed the USMCA, making it the first country to ratify the new North American trade pact.
“‘USMCA passes! Mexico goes first with clear signal that our economy is open,’ Jesús Seade, Mexico’s undersecretary for foreign affairs, wrote on Twitter.
“‘We’re confident that our partners will soon do the same,’ Seade added.
“Passage in Mexico comes less than three weeks after Mexican President Andrés Manuel López Obrador’s administration submitted the required texts for Mexican lawmakers to approve the deal. The Mexican leader was forced to call an extraordinary session to consider the deal after it broke off for recess at the end of April.”