Trump, House Democrats Reach Agreement on USMCA Trade Deal
Tuesday, December 10, 2019
“America’s great USMCA trade bill is looking good. It will be the best and most important trade deal ever made by the USA. Good for everybody- farmers, manufacturers, energy, unions - tremendous support, importantly, we will finally end our country’s worst trade deal, NAFTA,” said Trump in a tweet.
The USMCA press conference came just moments after House Democrats unveiled two articles of impeachment against Trump.
According to USA Today, top trade officials from the three countries are expected to meet in Mexico City for a ceremony on Tuesday afternoon.
New Trade Deal
The new trade agreement will replace the North American Free Trade Agreement (NAFTA), which was put in place on January 1, 1994.
According to USA Today, the new agreement includes rules for the movement of products between the three countries.
There is also a provision in the agreement that requires a higher percentage of autos be made by parts manufactured in North America.
The USMCA agreement also provides drugmakers with a minimum of ten years of market exclusivity.
Related Articles
- Trump & Sanders Win Big in New Hampshire
- Trump and North Korea: Expert at Naval War College in Newport Weighs In
- Time’s Person of the Year - Donald Trump
- The Trump Foreign Policy Doctrine May Be Taking Shape - Sunday Political Brunch April 29
- Sunday Political Brunch: President Trump Had a Roller Coaster Week—November 5, 2017
- Sunday Political Brunch: Trump’s First Year Report Card—January 21, 2018
- Trump Campaign Signals Potential Shift on Immigration Stance
- Trump Names Kavanaugh To United States Supreme Court
- Trump Names Priebus Chief of Staff, Bannon Chief Strategist
- Trump Leads Clinton for 1st Time in General Election Poll
- Trump Labor Secretary Acosta Resigns Amid Epstein Teen Sex Abuse Scandal
- Trump Has Early Lead in Oregon—But Will It Last?
- Sunday Political Brunch: Is President Trump Undermining Himself?—October 15, 2017
Follow us on Pinterest Google + Facebook Twitter See It Read It