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Tuesday, June 16, 2020

Trade to be High on the Agenda This Week

Those who are interested in trade will have a busy day on Wednesday.

U.S. Trade Representative Robert Lighthizer testifying twice that day regarding the Trump administration’s trade agenda.

He will testify before the House Ways & Means Committee in the morning and then the Senate Finance Committee in the afternoon.

Both sessions will be “virtual” hearings as has become the norm with many actions in Washington in the wake of the COVID-19 situation.

His sessions before House and Senate trade panels will be watched for his assessments on the U.S.-Mexico-Canada Agreement (USMCA) with implementation coming July 1; the U.S.-China Phase One agreement will be an attention point; and the prospects for a U.S.-UK trade agreement will likely be broached given a UK official’s comments last week that the hope was for a deal by the U.S. November 3 elections.