White House is expected to kickstart USMCA trade deal approval process this week

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White House is expected to kickstart USMCA trade deal approval process this week
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The White House has put pressure on House Speaker Nancy Pelosi and Democrats to ratify the United States Mexico Canada Agreement.

The Trump administration could take a formal step to kickstart approval of the United States Mexico Canada Agreement by the end of the week.

The White House has pushed House Speaker Nancy Pelosi and Democrats to approve the deal despite lawmakers' concerns. US President Donald Trump shakes hands with Speaker of the House Nancy Pelosi as he departs following the Friends of Ireland Luncheon in honor of Irish Prime Minister Leo Varadkar at the US Capitol in Washington, DC, March 14, 2019.The Trump administration is expected to kickstart the process of approving updates to the North American Free Trade Agreement by the end of the week, sources told CNBC.

The White House could submit a draft so-called Statement of Administrative Action as soon as Thursday, which would allow it to send the trade deal to Congress within 30 days. Presidentwants to quickly follow through on his pledge to overhaul trade relations with Canada and Mexico, but Congress still stands in the way of ratifying the United States Mexico Canada Agreement.

The administration has put pressure on House Speaker Nancy Pelosi and Democrats to ratify the trade deal despite lingering concerns about the deal within the Democratic-held House. The speaker previously urged U.S.

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