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Senate passes US-Canada-Mexico trade deal, a Trump priority

2020-01-17 09:20:57       source:Associated Press News

January 16, 2020


WASHINGTON (AP) — The Senate overwhelmingly approved a new North American trade agreement Thursday that rewrites the rules of trade with Canada and Mexico and gives President Donald Trump a major policy win before senators turn their full attention to his impeachment trial.


The vote was 89-10. The measure goes to Trump for his signature. It would replace the 25-year-old North American Free Trade Agreement, known as NAFTA, which tore down most trade barriers and triggered a surge in trade. But Trump and other critics blamed that pact for encouraging U.S. companies to move their manufacturing plants south of the border to take advantage of low-wage Mexican laborers.


Passage of the trade bill, which has come to be called USMCA, came one day after Trump signed a new trade agreement with China, easing trade tensions between the economic powers.


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https://apnews.com/62409ae884294d3e1d2a7c3c7ce5b1e2