One hour after announcing that the House will impeach President Trump, Speaker Nancy Pelosi announced that she would pass the U.S.-Mexico-Canada Agreement on trade.
The House will vote on the USMCA trade deal put together by President Trump that he has been lobbying for Congress to pass for nearly a year.
Here’s more from Washington Examiner:
“It is infinitely better than what was originally proposed by the administration,” said Pelosi, a California Democrat.
House Ways and Means Committee Chairman Richard Neal, a Massachusetts Democrat, said Democrats are entering the “final stages of text sharing” with other lawmakers “before there is any expedited period of bringing it to the floor.” Neal did not indicate specifically when the House would vote on the deal.
The House is set to adjourn for the year on Dec. 20 and lawmakers typically want ample time to review trade deals.
Democrats said the accord came after provisions were added addressing labor law enforcement, environmental standards, and prescription drugs, satisfying their members.
Neal, the lead Congressional negotiator, stated, “This is a transformative agreement. Our constant emphasis was on enforceability, enforceability, and enforceability, we fixed that.”
This trade deal is set to replace NAFTA, the North American Free Trade Agreement that was passed back in 1993. This is a major win for the president who has said for years the old agreement was a bad deal for the United States.
The new version of the agreement says that 75 percent of a car’s parts must be manufactured in North America to be duty-free, up from the previous 62.5 percent. The deal also says that 40 to 45 percent of a vehicle’s component parts must be made by factory workers making at least $16 an hour.