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US House majority leader Hoyer says agreement close on USMCA trade deal

US House majority leader Hoyer says agreement close on USMCA trade deal.

Additional notes

  • Mexican government invites Canada's deputy prime minister Freeland to meetings in Mexico on Tuesday as USMACA deal draws nearer - Senior Mexican official.
  • Speaker Pelosi says final USMCA deal not agreed to.
  • US House Ways and Means Committee Chairman Neal says expects announcement on trade deal on Tuesday afternoon.
  • Pelosi says she expects treaty to be set by Tuesday.

FX implications

House Democrats and the Trump administration are on the brink of a deal to advance President Donald Trump's revised North American Free Trade Agreement after months of secretive negotiations which can only be positive for risk and the associated domestic currencies. 

 

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