US-Mexico-Canada trade deal is ‘crucial’ for future negotiations and needs to get approved: GOP congressman

03/08/2019

|

Michelle Fox | CNBC

  • The North America trade pact has “gold-standard type of language” that can be applied to deals with China and other countries, says Rep. Tom Reed.
  • “Getting this on the books is really critical for the future trade negotiations for America,” he says.

The trade deal between the United States, Canada and Mexico is crucial for future trade agreements and needs to be “put on the books,” Rep. Tom Reed, R-N.Y., told CNBC on Thursday.

In fact, it was that deal — and not China negotiations — that was the main focus of a meeting between lawmakers and U.S. Trade Representative Robert Lighthizer on Thursday. “The priority is to get Mexico-Canada done,” said Reed, co-chair of the Bipartisan Problem Solvers Caucus, the group that met with Lighthizer.

The trade agreement between the three nations sets the stage for future deals, Reed said on “Power Lunch. ”

[To read the full article, click here.]