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Democrats and President Donald Trump have come to an agreement on the USMCA Trade Agreement. They had to negotiate on four factors: enforcement, presumption of guilt, pharmaceutical regulations, and internet regulations. Here’s what was agreed to and what is going to happen next.
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Under the backdrop of the impeachment inquiry, congress tried again to ratify the negotiated USMCA. The biggest issue is what mechanism should be used to enforce the labor and environmental rules in Mexico. This is what each side thinks should happen and what is going on.
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On Thursday a long awaited report was released detailing the economic impacts of New NAFTA, or the USMCA. This report was generally positive, if slightly underwhelming. The question now is, what are congress’s objections and will this new deal pass?
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This trade war story is yet to have it’s happily ever after moment because both parties in congress do not like the USMCA trade agreement that America recently signed with Canadian and Mexican leaders. Here’s how implementation is playing out in Congress.
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