White House trade adviser Peter Navarro predicted Sunday that the U.S.-Mexico-Canada Agreement (USMCA) will pass the Senate as early as Friday.
He said on Fox News' "Sunday Morning Futures" that Sen. Chuck GrassleyChuck GrassleyGrassley announces reelection bid The Hill's Morning Report - Presented by Alibaba - Democrats argue price before policy amid scramble Congress facing shutdown, debt crisis with no plan B MORE (R-Iowa) will mark up the long-awaited trade deal Tuesday in the Senate Finance Committee. Then Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellHow the Democratic Party's campaign strategy is failing America GOP should grab the chance to upend Pelosi's plan on reconciliation We don't need platinum to solve the debt ceiling crisis MORE (R-Ky.) will be able to call it on the floor. With fast-track legislation there is a maximum of 20 hours before the vote.
Navarro also discussed the upcoming signing of the phase one deal with China scheduled for Jan. 15.
“So, you could have, within the space of a week, leading off 2020, two of the biggest and best trade deals ever signed in American history,” he said.
Starting off the election year with both enacted would be a win for the president. Trump has touted his success with moving forward on the USMCA and phase one of the China deal, saying he is improving the agreements to benefit American workers.
The USMCA passed the House in December after negotiations between the administration and lawmakers. The phase one of the China deal has also been in the works for months, as the trade war between China and the U.S. continues.