5 key differences between NAFTA and Trump's USMCA deal

Washington After reaching a deal on the final version of the United States-Mexico-Canada Agreement, President Donald Trump tweeted that it"will be the best and most important trade deal ever made by the USA" -- and called its predecessor, the North American Free Trade Agreement,"our Country's worst Trade Deal."

House Speaker Nancy Pelosi echoed that view, saying in her announcement that"there is no question of course that this trade agreement is much better than NAFTA."But the two deals are far more alike than they are different -- and the impact of the renegotiated agreement may not be that big. In April, the US International Trade Commission, a federal government agency, found the initial version of the USMCA would create 176,000 jobs after six years and increase the GDP by 0.

Greatest president ever. Promises made. Promises kept

Trump instigated the deal. This is an example of how a divided America will fail, Democrats wasted a year window dressing a good deal which will now cost the consumer more.

Same old garbage...

Pelosi added an aid package to the Pot cartel in Mexico and for the Canadian pot growers, to the USMCA!!

Good news congress re-wrote trumps mess & got something passed BUT this is short sighted. It's written as if they don't comprehend that EVs will replace old tech. Investing in old tech is like investing coal. Those types of jobs are going away & there is no one working on a plan

Aunt Nana had it on her desk for over a YEAR!!!

It's better. You're welcome

Thanks Obama

TRUMP WINS!!!

The president was right NAFTA was a disaster for our country taken away jobs from Americans and the libs were for NAFTA with president Trump leadership the president has negotiated a new agreement with Mexico + Canada that brings more jobs for Americans and much much more!!

Trying to save face after this embarrassing clown show of an impeachment hoax. Nancy needs to resign and go to rehab! Trump2020 TrumpRallyHershey

realDonaldTrump hot this done. The drunk skank did nothing.

Call it what it is NAFTA 2.0.

'reached'? You mean sat on for over a year deathly afraid to give Trump another win you mean.

Which Is Better? NAFTA Or USMCA?

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump nears USMCA compromise with DemocratsThe Trump administration is edging closer to a compromise with House Democrats and labor officials over changes to its North American trade agreement, clearing the way for a deal to be announced as soon as late Monday You mean Democrats will actually accomplish something WH feeling some impeachment burn ?
Source: politico - 🏆 381. / 59 Read more »

Trump says USMCA ‘looking good’ as he reacts to Russia-probe reportPresident Donald Trump said Monday the U.S.-Mexico-Canada trade deal is “looking good,” as he blasted a Justice Department report finding a legal basis for...
Source: MarketWatch - 🏆 3. / 97 Read more »

What to watch today: Dow to fall, Trump impeachment articles coming and USMCA deal nearU.S. stock futures were pointing to a second straight day of losses as Sunday's deadline for new U.S. tariffs on Chinese goods looms Articles of impeachment: 1.) Orange Man bad 2.) Orange man hurt my feelings Integrity Matters FeelTheBern 🔥 Vote Bernie2020
Source: CNBC - 🏆 12. / 72 Read more »

Democrats And Trump White House Reportedly Near New NAFTA AgreementPoliticians from both parties want to vote on the deal before Christmas. That is sooo warming!!! 😒 While President Trump works tirelessly to make America Great Again, the Democrats only focus on destroying our democracy and do absolutely nothing in favor of the Americans.
Source: Forbes - 🏆 394. / 53 Read more »

Trump, Pelosi ready to pass new NAFTA amid impeachment processTrade Representative Robert Lighthizer is traveling to Mexico City today to sign a revised deal on the new North American trade pact after months of intense negotiations Wow, the renown statesman Kushner is in on the deal. Now we can all be assured that it will be a cluster - f*ck!! Not that big of a deal because it isn’t very different. It’s just another bad Trump bluff. Why in the world is KUSHNER involved in the signing?👹
Source: politico - 🏆 381. / 59 Read more »

Democrats and White House announce NAFTA rewrite, giving Trump a win as his impeachment scandal ragesTrump made a pledge to scrap the North American Free Trade Agreement a center of his campaign in 2016, calling it the 'worst trade deal ever made.'
Source: BusinessInsider - 🏆 729. / 51 Read more »