Consumer Electronics Daily was a Warren News publication.

USMCA Would Benefit ‘Every’ US Sector, Says Thune, Urging Its Ratification

The time is “now” for Congress to ratify the U.S.-Mexico-Canada Agreement on free trade, said Sen. John Thune, R-S.D., Tuesday on the Senate floor. USMCA will “benefit pretty much every sector of the U.S. economy,” said the majority whip. “With so many trade deals currently up in the air,” farmers and ranchers Thune met in South Dakota during the August recess “are struggling with a lack of certainty about what international markets are going to look like,” he said. They share President Donald Trump’s goal “of addressing trade imbalances and securing more favorable conditions for American products, [but] they also believe that we need to conclude the agreements we’re negotiating as soon as possible,” he said. “The surest way to stabilize and boost farm income and help farm country is to conclude agreements like USMCA.”