Pelosi expected to announce support for modified USMCA trade pact

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Pelosi expected to announce support for modified USMCA trade pact GlobeBusiness

Pelosi and Ways and Means Committee Chairman Richard Neal, D-Mass., have scheduled a news conference Tuesday morning.In Mexico City, Mexican Foreign Relations Secretary Marcelo Ebrard said Monday night that there would be a meeting of the three countries’ negotiating teams Tuesday “to announce the advances achieved” on the trade agreement. U.S. Trade Representative Robert Lighthizer is slated to appear.

Pelosi is the key congressional force behind the accord, which updates the 25-year-old NAFTA accord, which many Democrats – especially from manufacturing areas hit hard by trade-related job losses – have long lambasted. “There are those who I read about in one place or another that say, `why would you give President Trump a victory?“’ Pelosi said Monday night at a Wall Street Journal event for corporate executives. “Well, why wouldn’t we? This is the right thing to do for our trade situation, for our workers.”

 

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globebusiness Should be called MECANUS.

globebusiness *NAFTA

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