President Trump and House Democrats worked together yesterday to reach a new deal to advance a new trade deal between the U.S., Canada, and Mexico after months of negotiations.
The Trump administration and House Democrats worked together to achieve this bipartisan deal. The bill still has to be sent to the Senate, but it is expected to pass in the New Year.
The agreement is set to replace the North American Free Trade Agreement (NAFTA), which the President has been critical of since the start of his time in office.
The U.S. International Trade Commission predicts that the USMCA would grow the U.S. economy by $68.2 billion and add 176,000 jobs. House Speaker Nancy Pelosi commended the deal for benefiting the American worker. The new agreement is a victory for President Trump in the midst of impeachment battles against Democrats.
The deal is a major accomplishment for President Trump, who campaigned on replacing NAFTA and has followed through with his commitment.