New NAFTA Passes the Senate
The Senate Thursday morning passed the U.S.-Mexico-Canada Agreement, sending it to President Donald Trump’s desk. The Senate vote, 89-10, moves the agreement ahead of the impeachment trial in the Senate. President Trump is expected to sign the agreement sometime next week during a formal ceremony, perhaps while the impeachment trial is underway. House Democrats took more than a year to make changes to the original agreement negotiated by the Trump administration. For agriculture, USMCA is expected to increase U.S. exports by $2 billion. The vote comes just one day after the United States signed a new trade agreement with China, which promises to increase agricultural exports overseas by tens of billions of dollars. On Twitter, President Trump proclaimed, “The farmers are really happy with the new China trade deal and the soon to be signed deal with Mexico and Canada.” The President said he hopes farmers remember he used tariff funds to “help them get through the tough times.”
(photo credit: latimes.com)
(photo credit: latimes.com)
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