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House and White House Reach Deal on USMCA Free Trade Treaty

By: Politicized News

· Domestic Policy

On Tuesday, December 10, 2019, Speaker of the House of Representatives Nancy Pelosi (D-CA) announced that House Democratic Leadership and the White House have reached an agreement on the United States-Mexico-Canada Agreement (USMCA) free trade treaty, and there are plans to set the House to vote to ratify the USMCA by December 20, 2019. Here are some statements from key players.

President Trump tweeted that “America’s great USMCA Trade Bill is looking good. It will be the best and most important trade deal ever made by the USA.”
Speaker Pelosi expressed that the compromised and revised USMCA is “much better than” the North American Free Trade Agreement (NAFTA) agreed to under U.S. President George H.W. Bush (R), Mexican President Carlos Salinas de Gortari, and Canadian Prime Minister Brian Mulroney.
U.S. Trade Representative Robert Lighthizer said that the sides have “reached an historic agreement on the USMCA” which “will benefit American workers, farmers, and ranchers for years to come” and “will be the model for American trade deals going forward.”
President of the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) Richard Trumka said that “the USCMA is far from perfect” but that “there is no denying that the trade rules will now be fairer because of our hard work and perseverance.”
The USMCA was signed by all three parties on November 30, 2018. The Senate of Mexico ratified the Agreement on June 20, 2019. The Agreement must be introduced into the 43rd session of the Canadian Parliament for ratification. If ratified by Canada and America, the USCMA will be in force for 16 years.

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