If the Trump administration wants to get the USMCA through Congress solely with Republican votes, the clock is running out.
The approaching Democratic takeover does not foreclose the possibility of Congress voting to ratify the USMCA, but certainly complicates the pact's path forward.
Still, threading the needle on the USMCA will only become more difficult after January 3, when the current Congress ends.
Even if Trump goes along with those demands, any changes to the USMCA that erect further barriers to trade would make pro-trade Senate Republicans more likely to jump ship.
It's tempting to think that the USMCA falling apart in Congress is for the best.
If the White House is unable to get the USMCA through Congress next year, he worries the president will do what he's long threatened to: Unilaterally yank the United States out of NAFTA without a replacement ready.
Still, if Trump wanted to get his NAFTA rewrite through Congress quickly and easily, the best choice would have been to dial down the protectionism and seek approval soon after a deal with struck with Canada and Mexico last month.
http://reason.com/blog/2018/11/30/the-nafta-rewrite-is-deeply-flawed-as-a
The approaching Democratic takeover does not foreclose the possibility of Congress voting to ratify the USMCA, but certainly complicates the pact's path forward.
Still, threading the needle on the USMCA will only become more difficult after January 3, when the current Congress ends.
Even if Trump goes along with those demands, any changes to the USMCA that erect further barriers to trade would make pro-trade Senate Republicans more likely to jump ship.
It's tempting to think that the USMCA falling apart in Congress is for the best.
If the White House is unable to get the USMCA through Congress next year, he worries the president will do what he's long threatened to: Unilaterally yank the United States out of NAFTA without a replacement ready.
Still, if Trump wanted to get his NAFTA rewrite through Congress quickly and easily, the best choice would have been to dial down the protectionism and seek approval soon after a deal with struck with Canada and Mexico last month.
http://reason.com/blog/2018/11/30/the-nafta-rewrite-is-deeply-flawed-as-a
No comments:
Post a Comment