Trade agreement between U.S., Canada and Mexico is yet to be approved. Republicans and Democrats have both seized upon the not-yet-ratified Canada-U.S.-Mexico Agreement (CUSMA) on trade to try to win the argument over who’s properly conducting the nation’s business amid the impeachment fight. A new trade agreement that would govern more than three-quarters of all Canada’s exports is hanging in imbalance.
The impending approval would pave the way for the agreement’s performance in Mexico, Canada and U.S., replacing North American Free Trade Agreement (NAFTA). Although talks are on about adjustments to take care of the requirements of the allies, there has been no breakthrough as yet. Supporters of the trade pact hope to get approval for the agreement soon. However the U.S.-Canada trade lawyer sees the deadline for the pact postponed for now.