President Donald Trump is a re-gifter. The question is whether soon-to-be House Speaker Nancy Pelosi, D-Calif., will be impressed.
Trump signed a symbolic trade deal with Canada and Mexico at the G-20 Summit last week. Despite the pageantry and the new name, the U.S.-Mexico-Canada Agreement, trade analysts agree that the deal makes only marginal changes to the North American Free Trade Agreement. Now Congress has six months to accept or pass entirely on what is essentially a rewrapped and slightly refurbished NAFTA.
More than likely, that decision will belongs to Pelosi in the New Year. Odds are good she won’t look favorably on the package for two reasons.