This is a topic we have previously discussed. The current status is unfortunately what CTH previously predicted…. The consequences here are very serious.
Representative Denver Riggleman (R-Va.), a member of the House Financial Services Committee, claims a significant number of House Democrats are ready to vote to approve the USMCA trade deal. However, Nancy Pelosi is holding back the vote.
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Everyone agrees that passage of the USMCA would provide leverage for the U.S. position in both China and EU trade negotiations. Representative Andy Barr says despite a likely 300+ vote of support, he believes Pelosi is stalling to block that exact leverage.
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