During a recent hearing on May 16th, the Senate Finance International Trade Subcommittee delved into the possibilities of broadening the scope of the U.S.-Mexico-Canada Agreement. Their discussions revolved around the potential inclusion of additional countries and the application of certain USMCA components to other agreements within the Western Hemisphere. The hearing centered around enhancing economic collaboration in the Western Hemisphere and esteemed members of the Senate Finance International Trade, Customs, and Global Competitiveness Subcommittee, along with knowledgeable witnesses engaged in fruitful discussions regarding innovative strategies to amplify trade with Latin American nations. The ideas were prompted by the increasing difficulties that past free trade agreements were unable to effectively address.

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