Democrats, White House reach agreement on USMCA
December 10, 2019 By Amie Simpson Filed Under: News, Trade
House Speaker Nancy Pelosi says Democrats have
reached a deal with President Trump on the US Mexico Canada Agreement.
Pelosi held a press conference with Chairman Richard Neal this morning.
“There is no question of course that this trade agreement is much better than NAFTA, but in terms of our work here it is infinitely better than what was initially proposed by the administration,” she says.
Democrats have been seeking changes to labor and environmental standards. Chairman
Richard Neal, the leader of the House Ways and Means Committee, calls USMCA a
“It’s a template I believe for future agreements,” he says. “Our constant emphasis was on enforceability, enforceability, enforceability and we fixed that.”
Trump tweeted this morning that the agreement is looking good and will benefit both
farmers and manufacturers.
Trade officials from the three countries are
expected to meet in Mexico City today.
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