Trump, House Democrats Reach Agreement on USMCA Trade Deal

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Moments ago, the Trump administration and House Democrats reached an agreement on the United States/Mexico/Canada (USMCA) trade deal. The agreement comes after a considerable wait on the end of House Democrats. In recent weeks, the president called upon Pelosi to act accordingly on the deal.

After House Democrats announced their articles of impeachment against President Trump, Americans learned about the success of the USMCA deal.

Everything You Need to Know About the USMCA Trade Deal

The trade deal is set to positively impact farmers and other working Americans.

Unlike NAFTA, the USMCA ensures that at least 75% of automobile parts are produced in the United States, Mexico, and Canada. This will subsequently prevent needless tariffs. Workers also get an additional win; under USMCA, employees earning at least $16.00 per hour will create 40-45% of automobile components by 2023.

Protection of international markets for Americans, 176,000+ new jobs, and a $4.6 billion dollar investment into this nation’s auto industry are additional benefits linked to the USMCA trade deal.

What Happens Now?

The mutual agreement on USMCA marks a major milestone; however, the work isn’t over yet. The United States, Mexico, and Canada must each ratify USMCA. At this time, House Democrats will projectively vote on the deal as early as next week. Since Congress breaks for the holidays on December 20, America’s ratification of USMCA might not occur until 2020.

Statements from Republicans and Democrats

Politicians on both sides of the aisle shared positive remarks regarding USMCA. During a press conference, House Speaker Nancy Pelosi stated that this trade deal is “much better” than NAFTA. Many conservatives agreed with her, although noted that the work of President Trump enabled USMCA’s success.

Republicans, while favoring the USMCA, also called out Democrats for the articles of impeachment which they brought against Trump earlier this morning.

Conservatives additionally noted the irony of Democrats bringing impeachment articles against Trump on the same day of approving his trade deal.

Despite mutual agreements on USMCA, Republicans and Democrats remain torn on which side deserves credit. Conservatives grant credit to the work of President Trump; progressives and others on the left, however, favor the work of Pelosi and House Democrats.