USMCA:

ABC will be sending a support letter to members of the U.S. House and Senate in support of the USMCA tomorrow morning. The trade deal is estimated to add $68.2 billion to the U.S. economy and create approximately 176,000 new jobs. ABC believes the USMCA will help to ensure certainty in the supply chain and reduce volatility in pricing for building materials from Mexico and Canada to further lift the economy, support more projects and help address the much-needed modernization of our nation’s infrastructure

In comments to reporters, House Speaker Nancy Pelosi stated that “We’re on a path to yes, and I think every day brings us closer to an agreement,” but gave no certain timeline for a vote in the House. Trump administration officials have become increasingly concerned that time is running out for a vote on the agreement this year and that it won’t be possible to consider during the election year in 2020