Wednesday, December 25

NAFTA Replacement to Move Forward in U.S. Congress

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December 10, 2019-House Speaker Nancy Pelosi and fellow House Democrats announced support for the U.S. -Mexico-Canada Trade Agreement today.

Pelosi said the trade agreement is better than NAFTA and “infinitely better” than what President Donald Trump had initially proposed. “It’s a victory for America’s workers and one we take great pride in advancing.”

It’s been a year since the leaders of Canada, the United States and Mexico signed the trade agreement. The deal covers agriculture, intellectual property, digital trade and financial services. The legislatures in all three countries need to ratify the deal before it takes effect.

Democrats said the key to winning their support was working out enforcement mechanisms, particularly in the areas of labor and environment.

NAFTA Replacement to Move Forward in U.S. Congress, Global Economic ReportCopyright secured by Digiprove © 2019 Patti Mohr
, NAFTA Replacement to Move Forward in U.S. Congress, Global Economic Report

Patti Mohr

Patti Mohr is a U.S.-based journalist. She writes about global diplomacy, economics, and infringements on individual freedom. Patti is the founder of the Global Economic Report. Her goal is to elevate journalistic principles and share the pursuit of truth in concert with others.

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