On the recordOctober 23, 2019
Mr. President, it has been a year since the United States, Mexico, and Canada agreed to the U.S.-Mexico-Canada Trade Agreement, the replacement for NAFTA and the modernization for the NAFTA agreement that has been so important to all three of our countries. In fact, we are coming up on 1 year since it was signed by leaders of all three countries. In fact, the country of Mexico has ratified the USMCA. Canada is waiting for the United States to take the next step so they, too, can ratify this very important trade agreement. This agreement between the three countries on the North American continent is estimated to add $68.2 billion to the U.S. economy and create 176,000 new jobs. The USMCA would also increase exports to Canada by 5.9 percent, to a total of $19.1 billion, and shipments to Mexico by 6.7 percent, or $14.2 billion. Imports from Canada and Mexico would rise by 4.8 and 3.8 percent, respectively. But the ratification process has to begin with the Democrats in the House under the trade promotion authority with which this deal was struck. The Democrats leading the House seem to be more focused on taking away one person's job than creating 176,000 new ones here in the United States. It is time for Speaker Pelosi to act on something that is nearly unanimously agreed to. While not every person agrees to it, I don't think there is any question that if she would bring up the USMCA for a vote in the House, it would pass.…





