After months of negotiations, the United States, Mexico and Canada have agreed on an updated trade deal, replacing the 25-year-old NAFTA.
It’s called the U.S.-Mexico-Canada Agreement, or USMCA, and addresses key issues such as labor practices, environment protections and digital trade.
The U.S. House of Representatives is expected to vote on the deal this week and if it passes, would be a major victory for US President Donald Trump.
Negotiators are hoping the real victory will be for North American workers.
To discuss all of this:
- Arturo Sarukhan is the former Mexican Ambassador to the U.S. and founder and president of Sarukhan and Associates.
- Karen Kerrigan is the president and CEO of the Small Business and Entrepreneurship Council.
- Stephen LeDrew is a lawyer and contributor to the National Post.
- Eric Farnsworth is vice president at the Council of the Americas.
Top trade negotiators from both the US and Mexico reaffirmed that the US-Mexico-Canada Agreement, known as USMCA, is a done deal — despite complaints from Mexico over the weekend about a labor provision included in the bill unveiled by Democrats https://t.co/dEA0vGihHx
— CNN International (@cnni) December 16, 2019
Speaker Pelosi blocked the USMCA for a whole year after @POTUS got the deal. Finally, House Democrats caved this week after realizing the country won’t tolerate "obsess over impeachment, obstruct everything else." But their long delay means it can't become law until 2020. pic.twitter.com/Z07T74OH79
— Leader McConnell (@senatemajldr) December 12, 2019