January 8, 2020
By: Jacob Pramuk
(CNBC) In a 25-3 vote, the panel sent the United States-Mexico-Canada Agreement to the full Senate, which could pass the pact this month. The House approved the accord last month in a bipartisan vote.
USMCA backers, led by President Donald Trump, have called the deal a long-needed overhaul of the 1994 North American Free Trade Agreement. The new pact makes several changes to protect auto industry workers, increases access to Canadian dairy markets for U.S. farmers and updates digital trade rules.