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On Jan. 16, the U.S. Senate approved President Trump’s signature trade deal with Mexico and Canada, the USMCA, in an overwhelmingly bipartisan 89-10 vote. The agreement previously passed the House in December on a similarly bipartisan 385-41 vote and now awaits the president’s signature of the deal into law. ABC supports the USMCA and believes it will help 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.
The deal is awaiting ratification from Canada’s legislature, and Prime Minister Justin Trudeau announced that the government would unveil legislation to approve the agreement at the end of this month.