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Thursday, January 30, 2020

NAFTA replaced: Trump signs USMCA trade deal with Canada and Mexico

President Trump signed the U.S.-Mexico-Canada Agreement on trade Wednesday, overriding the 1993 North American Free Trade Agreement and fulfilling one of his 2016 campaign promises.

"Today, we finally end the NAFTA nightmare," Trump said at a White House signing event while surrounded by hard-hat wearing supporters. The president argued USMCA would give workers a fairer deal by making companies invest more in the United States rather than outsourcing. "This is something we really put our hearts into. It is probably the main reason why I chose to live this crazy life."

The deal keeps most of NAFTA intact but adds provisions aimed at ending outsourcing of manufacturing jobs to Mexico, limiting the use of supply chains abroad, and opening up Canada to more U.S. farm goods, such as dairy products. The deal is a big win for the technology industry, which got protections for digital trade, prohibitions on forced data localization, and enhanced copyright provisions.

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12 comments:

Anonymous said...

And yet with still have a deficit 4.6% of our GDP. I thought his tax plan was supposed to pay for itself? Seems like the cuts given to the wealthy are causing us to spiral into a continued debt. The first demonrat to get into office will have to raise taxes because of this. Either way we all lose.

TheRealRay said...

Winning winning winning. Dimmies, losing, losing, losing !!!

Anonymous said...

how about that tunnel from tijuana to san fran? a wall will reaaaallllly help with that. Wonder how many more there are.

Anonymous said...

Promises Made
Promises Kept
Haters Hate

Anonymous said...

9:25 Just another example of republicans winning winning winning I guess lol?

Anonymous said...

Breaking news,...best economy EVER, and the deficit tops ONE TRILLION dollars for the foreseeable future.

Anonymous said...

Never forget who runs the country

Anonymous said...

Trump can Walk & Chew gum @ the same time !!!
Unlike the Criminal Democrats !!!

Anonymous said...

11:38 EXACTLY. It should be extremely alarming to people that we have great job growth, low unemployment, a good economy and a record deficit. Unfortunately everyone is still blinded by Trumps repetitive rhetoric. Your brain hears something enough times and you start to believe it.

Anonymous said...

MAGA !!!! Finish the WALL !!!!

Anonymous said...

Only Real POTUS since Reagan !!!

Anonymous said...

Finally Making those corrupt countries PAY for screwing us for
Way tooooo long !!! About time !!!!

Make Mexico pay for that wall too in 2020 !!!! Tax the Booze !!