Yes a victory despite of the Democrats.
The Democrats could not make an announcement that Mexico, Canada and the United States have agreed on some changes to the USMCA Trade Agreement (they’ll sign agreement today) with out taking political jabs at Trump. The Democrats HAD to point out that Trump’s administration presented a flawed USMCA agreement to them and it WAS the Democrats who perfected the agreement they now have. Basically the Democrats are taking full credit for the USMCA Trade Agreement.
Lets make something clear here. It was Donald Trump who initiated this trade agreement with Mexico and Canada, replacing a horrible agreement called NAFTA (from the Clinton administration) in the first place. At the time Democrats heavily criticized Trump for negotiating a new trade agreement with Mexico and Canada. Now they want everyone to know or believe that it was the Democrats that improved this flawed trade proposal from Trump, that the Democrats made it better. Of course they want us to believe it is better now because they held it on the shelf for nearly a year “perfecting” it. It will be voted on next week.
It would have been “BETTER” for all 3 countries if this agreement had been acted upon months ago. Interestingly, Pelosi makes the announcement that they have an agreement on USMCA an hour after they announced two articles of impeachment against President Donald Trump. The articles: 1) abuse of power 2) obstruction of Congress. No article on “bribery”? Were these two announcements stacked one after the other minutes apart to show Americans that the Democrats can walk and chew gum. No, no politics here!
The Agreement is the result of a 2017–2018 renegotiation of the North American Free Trade Agreement (NAFTA) by its member states, which informally agreed to the terms on September 30, 2018, and formally on October 1. The USMCA was signed by United States President Donald Trump, Mexican President Enrique Peña Nieto, and Canadian Prime Minister Justin Trudeau on November 30, 2018 as a side event of the 2018 G20 Summit in Buenos Aires. Each country’s legislature still must ratify the agreement.
Negotiations “focused largely on auto exports, steel and aluminum tariffs, and the dairy, egg, and poultry markets. One provision “prevents any party from passing laws that restrict the cross-border flow of data”. Compared to NAFTA, USMCA increases environmental and labour regulations, and incentivizes more domestic production of cars and trucks. The agreement also provides updated intellectual property protections, gives the United States more access to Canada’s dairy market, imposes a quota for Canadian and Mexican automotive production, and increases the duty free limit for Canadians who buy U.S. goods online from $20 to $150.