Democrats agree to support new USMCA trade deal

Video Credit: Reuters Studio
Published on December 10, 2019 - Duration: 01:09s

Democrats agree to support new USMCA trade deal

Leaders from Canada, Mexico and the United States sign a new trade deal after democrats agree to support a revised version of the USMCA.

Tamara Lindstrom reports.


Democrats agree to support new USMCA trade deal

(SOUNDBITE) (English) INTELLIGENCE CHAIRMAN ADAM SCHIFF, SAYING:"We stand here today because the president's continuing abuse of power..." On a day when U.S. Democrats announced formal charges against Republican President Donald Trump - south of the border, a victory both parties can celebrate.

Representatives from the U.S., Canada and Mexico met Tuesday to sign the new U.S.-Mexico-Canada Agreement.

The deal moving forward after Democrats agreed to support the pact with significant changes from the 2018 agreement negotiated by the Trump administration.

(SOUNDBITE) (English) HOUSE SPEAKER NANCY PELOSI, SAYING: "There is no question, of course, that this trade agreement is much better than NAFTA." House democrats had refused to hold a vote until provisions were included to protect workers, the environment, and remove key provisions they said would have benefitted big drug companies.

(SOUNDBITE) (English) HOUSE SPEAKER NANCY PELOSI, SAYING: "We're declaring victory for the American worker in what is in this agreement." The 25-year old North American Free Trade Agreement encompasses $1.2 trillion in annual trade across the continent.

The USMCA was a top priority for President Trump, a frequent critic of the standing trade deal.

(SOUNDBITE) (English) U.S. PRESIDENT DONALD TRUMP, SAYING: "...probably the worst trade deal ever made, which was NAFTA." The deal still needs approval from lawmakers in all three countries.

A vote is headed to the U.S. House floor next week and then its on to the Senate where it is expected to pass.

You are here


๐Ÿ’ก newsR Knowledge: Other News Mentions


Donald Trump

45th president of the United States
Donald Trump's started on the pardon train, so the question -- is Joe Exotic next? And, what's the deal with the Grammys? ย So we gotta ask ...
Credit: TMZ.com - Published 3 hours ago

Donald Trump seemed to concede something that has Bill Maher and many others worried sick ... that he won't leave The White House on January 20. Trump now says..
Credit: TMZ.com - Published 21 hours ago





Related news from verified sources

Protections for biologic drugs will be reduced "drastically" in a new North American trade deal, a senior Mexican official said on Wednesday, in what would be a...
on December 4, 2019 • Reuters India

After the initial euphoria had subsided, Mexican business leaders emerged bruised and resigned to a new stricter trade deal with the United States and Canada...
on December 11, 2019 • Reuters India

The Business Roundtable, a trade group of top U.S. chief executives, announced Wednesday its members backed the revised U.S.-Mexico-Canada (USMCA) trade deal...
on December 11, 2019 • Reuters India

Related videos from verified sources

Trump Says U.S.-China Trade Deal Will Be Signed On January 15 00:28
Video credit: Wochit - Published on December 31, 2019 

Trump to sign U.S.-China deal Jan. 15 01:00
Video credit: Reuters Studio - Published on December 31, 2019 

Wall Street slips from record highs 01:18
Video credit: Reuters Studio - Published on December 30, 2019 

You might like