House Passes President Trump's Trade Deal With Mexico and Canada
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Business, Social Studies
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University
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Hard
Wayground Content
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The House passed a revised version of the USMCA trade agreement, but the Senate vote is delayed until after the impeachment trial of President Trump. The USMCA aims to replace NAFTA, which Trump criticized. It includes digital trade, stricter labor and environmental rules, and requires more car parts to be made in North America. The deal is expected to boost the US GDP by $68.2 billion and create 176,000 jobs. It will only take effect once ratified by the US, Mexico, and Canada.
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