House Democrats have struck an agreement to support the new U.S. trade deal with Mexico and Canada, Rep. Henry Cuellar said Tuesday, marking a victory for President Trump who ran for office in 2016 on a pledge to renegotiate or terminate the North American Free Trade Agreement.
The House is planning to vote on the agreement next week, said Rep. Cuellar, a Democrat who represents a Texas border district and has been leading the push for ratifying the U.S.-Mexico-Canada Agreement.
The new USMCA will replace Nafta when ratified and contains provisions aimed at creating more manufacturing jobs, for example, by increasing the proportion of vehicles that must originate in North America for the cars and trucks to receive duty-free treatment.
USMCA had long been supported by Republicans and leading business trade groups but opposed by Democrats over concerns including the legal language enforcing new labor rules.
Earlier Tuesday, the House Judiciary Committee said it would pursue two articles of impeachment against President Trump.
Ahead of the announcement, Mr. Trump tweeted: "Looking like very good Democrat support for USMCA. That would be great for our Country!".
Mexican President Andrés Manuel López Obrador said an amended version of USMCA will be signed on Tuesday by officials from the U.S., Canada and Mexico.
https://www.wsj.com/articles/house-democrats-reach-agreement-with-trump-administration-on-usmca-trade-deal-11575989670?mod=hp_lead_pos2
The House is planning to vote on the agreement next week, said Rep. Cuellar, a Democrat who represents a Texas border district and has been leading the push for ratifying the U.S.-Mexico-Canada Agreement.
The new USMCA will replace Nafta when ratified and contains provisions aimed at creating more manufacturing jobs, for example, by increasing the proportion of vehicles that must originate in North America for the cars and trucks to receive duty-free treatment.
USMCA had long been supported by Republicans and leading business trade groups but opposed by Democrats over concerns including the legal language enforcing new labor rules.
Earlier Tuesday, the House Judiciary Committee said it would pursue two articles of impeachment against President Trump.
Ahead of the announcement, Mr. Trump tweeted: "Looking like very good Democrat support for USMCA. That would be great for our Country!".
Mexican President Andrés Manuel López Obrador said an amended version of USMCA will be signed on Tuesday by officials from the U.S., Canada and Mexico.
https://www.wsj.com/articles/house-democrats-reach-agreement-with-trump-administration-on-usmca-trade-deal-11575989670?mod=hp_lead_pos2
No comments:
Post a Comment