Trump and Pelosi Reach Deal on Historic Trade Agreement

  • 12/10/2019 12:00 AM
  • Source: AAN
  • by: AAN Staff
Trump and Pelosi Reach Deal on Historic Trade Agreement
 
House Speaker Nancy Pelosi and President Trump have reached an agreement to pass the trade agreement titled USMCA which was negotiated by the Trump administration.

Despite impeachment articles being announced Pelosi will pass a key piece of legislation for President Trump, who is apparently a threat to the republic.

According to CNBC:

House Democrats and the Trump administration have reached an agreement to move forward with the White House’s replacement for the North American Free Trade Agreement. 

The two sides had worked for more than a year to resolve Democratic concerns about enforcement tools for labor and environmental standards under the new deal, known as the United States-Mexico-Canada Agreement. House Democrats, President Donald Trump, top Senate Republicans and labor leaders all cited progress toward a deal this week.

The Trump administration needs to submit ratifying legislation to Congress for the House to move forward with approving the agreement. Once the White House submits text — it could do so in the coming days — a 90-day window to approve USMCA starts. 

In a news conference Tuesday, Democrats highlighted the provisions they pushed to include in the revised USMCA. House Speaker Nancy Pelosi said the new agreement is “a victory for America’s workers and it’s one we take great pride in advancing.” House Ways and Means Committee Chairman Richard Neal, a Massachusetts Democrats who led his party’s talks with the Trump administration, called it a “triumph” for organized labor and “workers everywhere across America.” 

The trade agreement which could create countless jobs will now have the opportunity to be ratified before the end of the year.

 Source: AAN
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