Economics
USMCA Advocates See Impeachment as Leverage to Pass Trade Deal
- Executives, trade groups step up lobbying for revamped Nafta
- Democrats seek wins while pursuing Trump’s impeachment
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U.S. companies and trade groups that want lawmakers to approve a new trade pact with Mexico and Canada are making the unusual bet that the impeachment drama in Washington could actually help get the deal through Congress.
Industry coalitions and smaller firms have increased their lobbying in recent weeks in a bid to get the U.S.-Mexico-Canada Trade Agreement ratified before the presidential race heats up early next year. Yet, while that timetable would put the USMCA squarely in the path of the intensifying impeachment probe of Donald Trump, deal supporters say they see that as a potential advantage.