Republican leaders hopeful new trade deal is approved by the new year

Local News

MCALLEN, Texas – November 30th will mark one year since President Trump signed the new United States-Mexico-Canada Agreement (USMCA). However congress has yet to approve the agreement. Some congressional leaders are hoping to approve the deal by the new year.

The White House, as well as several Republican leaders, are calling for House Speaker Nancy Pelosi to put the USMCA Trade deal on the floor for a vote.

U.S. Senator John Cornyn was recently in the Valley to discuss infrastructure.He was asked about the approval of the trade deal, Cornyn says he supports the agreement. “I wouldn’t be surprised if there is an announcement in the coming of week or two at least. That’s what i’m hoping for.”

McAllen Mayor Jim Darling says the agreement will be beneficial to the region. “USMCA is going to be so important to the country, but I think important in the Valley especially because of our maquiladora presence.”

Mayor Darling adds the agreement will create a dramatic shift where parts will start to be manufactured here. Then sent to Mexico creating opportunities for skilled workers and higher paying jobs on both sides of the border. “We’re going to see some significant things happen in Mexico too. Like i say whatever happens to Mexico happens to us.”

House Speaker Pelosi says she is happy with a deal reached with the Trump Administration. While Pelosi hopes to strike a deal, Republicans say they are not seeing any movement.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


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