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In Congress, a mounting push to bring Latin American countries under USMCA umbrella

In Congress, a mounting push to bring Latin American countries under USMCA umbrella

BNN Bloomberg
Thursday, September 14, 2023 10:58:01 PM UTC

Two members of Congress want to invite Latin American countries to join Canada's trade agreement with the United States and Mexico.

Louisiana Republican Sen. Bill Cassidy and Sen. Michael Bennet, a Democrat from Colorado, say they want to create a Western Hemisphere trading bloc to combat China. 

They say expanding the U.S.-Mexico-Canada Agreement to include Latin American countries would be a win-win for the Americas. 

Their proposed Americas Trade and Investment Act is designed to leverage the power of the U.S. as a trading partner to foster economic growth and stability throughout the hemisphere. 

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