U.S. President Donald Trump, seen here on Dec. 10, 2019, in Hershey, Pa., does not want to be accused of having renegotiated NAFTA to help Big Pharma further stick it to the little guy.Three years ago, U.S. President Donald Trump called NAFTA, the North American free-trade agreement, the “worst deal ever,” and threatened to rip it up.
NAFTA, the original trade deal, was good for Canada. The new deal – USMCA, version 1.0 – was also a good deal, since it was the old house, with fresh paint and a few renovations. And the new, new deal signed on Tuesday? Think of USMCA version 2.0 as a minor update to USMCA 1.0 operating system. It’s not “infinitely” better. But it looks like a small, measurable improvement.
From the Canadian perspective, the most important change that Ms. Pelosi and the Democrats have brought to the USMCA may be the removal of the previous text’s entrenchment of a long period of patent protections for biologic drugs, originally inserted at the Trump administration’s insistence.The U.S. has the world’s highest drug prices and highest drug spending, and that’s become a source of considerable anger among both Republican and Democratic voters. Mr.
On Tuesday, Ms. Pelosi’s press conference on the USMCA came shortly after her press conference on the articles of impeachment against Mr. Trump. It shows that, when it’s in their mutual interest, Democrats can still work with a President they are trying to remove, and vice versa.
GlobeDebate Canada just agreed to allow vehicles to cross borders tax free if 75% of the vehicle is made in 1 of the 3 countries with a wage of at least 16 dollars an hour...hello... either Canadian auto workers agree to a pay cut JUST OVER MINIMUM WAGE, or Mexico will make 75% of our cars..
GlobeDebate Says who? The document has never been shared publicly!!
GlobeDebate Higher drug costs are better for Canada
GlobeDebate citizen freeland, justin the jacobin's sinister sidekick of spin
GlobeDebate What a load of BS The newly revised agreement hasn't even been released yet
GlobeDebate It's not even called NAFTA
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