Canada, Mexico and the United States signed a modified version of the North American free trade pact Tuesday, just hours after it won the crucial endorsement of congressional Democrats in Washington.
Earlier, in an extraordinary morning in Washington, House Speaker Nancy Pelosi and Rep. Richard Neal, chairman of the powerful U.S. House of Representatives’ Ways and Means Committee, announced the bipartisan trade agreement in the same hour that Democrats unveiled two articles of impeachment against President Donald Trump.
Pelosi took pains to emphasize Democrats’ role in reshaping the original deal — signed by leaders in Buenos Aires last fall — into something “infinitely better.” Final text of the agreement has yet to be released. But a Democrat backgrounder says the new pact cuts a provision that granted 10 years of protection from generic competitors to a new class of drugs called biologics — an effort to fight escalating prescription drug prices.
It’s going to make North America richer. It’s going to make Canada richer. It’s going to make Mexico richer
There was no mention of lumber . How’d that turn out.
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