SC Nebraska News

Washington, D.C. ––On May 24, Ways and Means Trade Subcommittee Chairman Adrian Smith (R-NE) and Rep. Jim Himes (D-CT) introduced the Undertaking Negotiations on Investment and Trade for Economic Dynamism (UNITED) Act, a bill to authorize the administration, in consultation with Congress, to negotiate and enter into a comprehensive trade agreement with the United Kingdom.

The members released the following statements:

"American manufacturers, agriculture producers, and consumers alike stand to benefit greatly from proactive and tangible action maximizing trade opportunities with our allies," said Chairman Adrian Smith. "Building on our outstanding, historic relationship with the United Kingdom provides a valuable opportunity to mutually enhance economic resiliency, strengthen supply chains, and increase market growth. The United States-Mexico-Canada Agreement showed what can be achieved through bipartisan efforts to advance trade opportunities. I thank Rep. Himes for his cooperation on this bipartisan bill and Sens. Thune and Coons for their introduction of the legislation in the Senate."

"As a global economic leader, we should be improving and strengthening our trade partnerships, particularly with our closest allies," said Rep. Jim Himes. "The UNITED Act paves the way for a comprehensive free trade agreement which will expand opportunities for domestic businesses and workers, improve supply chain resilience, and reduce costs for American consumers. This bipartisan legislation offers an opportunity to deepen our special relationship with the United Kingdom under mutually beneficial terms, laying the groundwork for decades of prosperity and cooperation."

For bill text, click here.

Original source can be found here.