The United States, Mexico, and Canada have reached a historic trade deal to replace NAFTA; fulfilling a key campaign pledge from President Trump on the aging agreement that eliminated countless American manufacturing jobs.
“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!” posted the President on Twitter.
“Looking like very good Democrat support for USMCA. That would be great for our Country!” he added.
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!
— Donald J. Trump (@realDonaldTrump) December 10, 2019
Looking like very good Democrat support for USMCA. That would be great for our Country!
— Donald J. Trump (@realDonaldTrump) December 10, 2019
“There is no question, of course, that this trade agreement is much better than NAFTA,” said House Speaker Nancy Pelosi.
Read the full report here.
Source: Fox News
NAFTA NO GO: Trudeau Says NO DEAL that Doesn’t Protect Canada's 'Culture and Identity'
Canadian Prime Minister Justin Trudeau pivoted during high-stakes negotiations on the North American Free Trade Agreement this week; saying he can’t sign-on to any deal that doesn’t protect Canada’s “culture” and history.
According to the CBC, Trudeau “will not sign a renegotiated” NAFTA without direct protections for Canada’s cultural sectors; including media, sports, and other institutions vulnerable for purchase by American corporations.
“It is inconceivable to Canadians that an American network might buy Canadian media affiliates, whether it’s newspapers or TV stations or TV networks. It would be a giving up of our sovereignty and our identity and that is something that we will simply not accept,” said the Prime Minister in Vancouver.
“We’ve made it very clear that defending that cultural exemption is something fundamental to Canadians,” he added.
Read the full report here.
GOODBYE NAFTA: New North American Trade Agreement Named ‘USMCA’
Negotiators from the United States and Canada announced a new North American trade agreement over the weekend; officially ending NAFTA and unveiling the United States-Mexico-Canada Agreement -better known as the USMCA.
Officials from both countries released a statement Sunday evening ahead of the self-imposed midnight deadline; saying the new free trade agreement will benefit “workers, farmers, ranchers, and businesses” on all sides of the border.
“USMCA will give our workers, farmers, ranchers, and businesses a high-standard trade agreement that will result in freer markets, fairer trade and robust economic growth in our region,” the joint statement said. “It will strengthen the middle class, and create good, well-paying jobs and new opportunities for the nearly half billion people who call North America home.”
Congratulations to Mexico and Canada!
— Donald J. Trump (@realDonaldTrump) October 1, 2018
The President weighed-in on the international trade deal Monday morning; saying “Congratulations to Mexico and Canada!”
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