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Grassley Expects Progress on New Trade Deals in 2020

Grassley Expects Progress on New Trade Deals in 2020

Photo: WNAX


The Chairman of the Senate Finance Committee, Iowa’s Chuck Grassley, expects progress on several bi-lateral trade deals yet this year. He says negotiations with the United Kingdom will progress this year, but a deal won’t get inked until the end of 2020 at the earliest. He says that will lead to openings for other trade pacts.

He says there will be talks with the E.U. but no breakthrough is expected unless they include agriculture in the discussions, which isn’t very likely.

And Grassley doesn’t expect President Trump to follow through with earlier threats to place tariffs on European automobiles either.

Grassley says there could be a trade agreement reached with India but that won’t be as big a deal as with the U.K. or the European Union.

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