Senate Finance subcommittee eyes expanding, replicating USMCA in Latin America

The Senate Finance international trade subcommittee this week looked at how to expand the reach of the U.S.-Mexico-Canada Agreement, including through allowing more countries to join and applying some of USMCA’s elements to other agreements in the Western Hemisphere. During a May 16 hearing on economic cooperation in the Western Hemisphere, members of the Senate Finance international trade, customs, and global competitiveness subcommittee and witnesses discussed strategies to boost trade with Latin American countries amid increasing challenges that that they...