One day after its historic impeachment votes, the Democratic-led House gave President Donald Trump an overwhelming bipartisan victory Thursday on a renegotiated trade agreement with Canada and Mexico. The legislation passed after House Speaker Nancy Pelosi, D-Calif., and her colleagues won key concessions from an administration anxious to pass the trade deal before next year’s election season makes that task more difficult. The GOP-controlled Senate probably will take up the legislation when
MEXICO CITY/WASHINGTON (Reuters) - Top officials from Canada, Mexico and the United States signed a fresh overhaul of a quarter-century-old trade pact on Tuesday that aims to improve enforcement of worker rights and hold down prices for biologic drugs by eliminating a patent provision. The signing ceremony in Mexico City launched what may be the final approval effort for U.S. President Donald Trump's three-year quest to revamp the 1994 North American Free Trade Agreement (NAFTA), a deal he has
Jobs gained in parts and engines, jobs lost in final assembly as cars cost more.
Congress still has to approve it.
A response to SUV fervor and Trump's NAFTA replacement trade deal.
11th-hour deal creates USMCA, will replace NAFTA.
Says he refused one-on-one meeting; Canada says nobody asked for one
But foreign minister hopes for a 'win-win-win' if both sides are flexible
It would be especially bad for Chrysler brands.
It has to be a three-way deal to achieve easy approval.
Here's what it entails.
Trump: "Autoworkers must be taken care of or there will be no deal."
This as nations meet on unified strategy for Trump auto tariff threats
Tariffs 'a staggering blow,' would risk hundreds of thousands of U.S. jobs
Our allies' view: "No leader is forever."
Hint: It's the autoworkers the president says he's helping.
General Motors chief Mary Barra said today her company needs a level playing field on trade with other countries, with equivalent or no tariffs in order to successfully compete in a global auto industry. She made her comments during a "Talks at GS" conversation with Goldman Sachs Chairman and CEO Lloyd Blankfein that was carried by Yahoo Finance, a sister site to Autoblog.