From the earliest days of his 2016 presidential campaign, Donald Trump said that NAFTA was a bad deal for the US and if elected, he would end it and renegotiate a new trade deal with Canada and Mexico.
Earlier this year, Trump kept that promise and withdrew from NAFTA.
Last month, Trump announced that he and Mexico had signed a revised NAFTA agreement, that especially would benefit the auto industry.
Just last week, it was reported that US – Canada relations had grown colder over disagreement on a new NAFTA agreement.
However, it was announced yesterday that the US and Canada had come to a new agreement, referred to as USMCA to replace NAFTA.
Hours before the midnight deadline, the two countries agreed to a framework for a renewed trilateral agreement between the United States, Mexico, and Canada. Newly dubbed the “USMCA” — the US-Mexico-Canada Agreement — it’s basically an updated version of the original North American Free Trade Agreement between the three countries.
US Trade Representative Robert Lighthizer and Canadian Foreign Minister Chrystia Freeland — the two top negotiators on USMCA — said in a joint statement late Sunday night that, together with Mexico, they had reached a “new, modernized trade agreement.”
“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 statement read. “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.” …
Democrats have to be gnashing their teeth and pulling out their hair in anger and frustration as President Trump continues to fulfil so many of his campaign promises.
Democrats are used to making promises and then only keeping those that push their socialist agenda.
However, many of the promises that Trump has been keeping go against the socialist agenda of Democrats.
The new USMCA trade deal is a huge feather in Trump’s hat, especially since it further benefits American workers.
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