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Money Pelosi says agreement on revamped NAFTA ‘imminent’

01:51  15 november  2019
01:51  15 november  2019 Source:   msn.com

Trudeau talks new NAFTA with Mexico's president as Pelosi signals optimism on ratification

  Trudeau talks new NAFTA with Mexico's president as Pelosi signals optimism on ratification Trudeau talks new NAFTA with Mexico's president as Pelosi signals optimism on ratificationAccording to a statement from the Prime Minister's Office, Mexican President Andrés Manuel López Obrador called to offer his congratulations to Trudeau on winning re-election.

Pelosi calls revamped NAFTA agreement ‘ imminent ,’ says she wants it pass this year. In a news conference Thursday, the California Democrat said an agreement on the pact is “ imminent .’’ The United States, Mexico and Canada last year agreed to replace the 25-year-old North American Free

House Speaker Nancy Pelosi says she wants to see Congress pass U.S. President Donald Trump's revamped North American free trade deal this year. Last year the U.S., Canada and Mexico agreed to replace NAFTA with a new version known as the USMCA.

Speaker of the House Nancy Pelosi, D-Calif., talks to reporters on the morning after the first public hearing in the impeachment probe of President Donald Trump on his effort to tie U.S. aid for Ukraine to investigations of his political opponents, on Capitol Hill in Washington, Thursday, Nov. 14, 2019. Pelosi says the president's actions in the impeachment inquiry amount to © Provided by The Associated Press Speaker of the House Nancy Pelosi, D-Calif., talks to reporters on the morning after the first public hearing in the impeachment probe of President Donald Trump on his effort to tie U.S. aid for Ukraine to investigations of his political opponents, on Capitol Hill in Washington, Thursday, Nov. 14, 2019. Pelosi says the president's actions in the impeachment inquiry amount to "bribery." (AP Photo/J. Scott Applewhite)

WASHINGTON (AP) — House Speaker Nancy Pelosi says she wants to see Congress pass President Donald Trump’s revamped North American free trade deal this year.

In a news conference Thursday, the California Democrat said an agreement on the pact is “imminent.”

Democrats remain likely to ratify USMCA, despite delay, to show bipartisanship: expert

  Democrats remain likely to ratify USMCA, despite delay, to show bipartisanship: expert Chris Sands from Johns Hopkins says he remains optimistic the updated deal will be ratified.In an interview with the West Block's Mercedes Stephenson, Christopher Sands — director of the Center for Canadian Studies at the Johns Hopkins School of Advanced International Studies — acknowledged what he called a "tension" in current American politics between the impeachment inquiry into U.S. President Donald Trump and the lingering need to ratify the renegotiated NAFTA.

House Speaker Nancy Pelosi says an agreement on a new North American trade deal to replace NAFTA is " imminent " and she hopes for passage by Pelosi ’s comments at a news conference represented her most optimistic assessment to date on negotiations to replace the 25-year-old North

For the good of the American people, and a strong economy, the Problem Solvers Caucus believes both sides of the aisle should find a way to unite together behind passage of USMCA. We applaud the bipartisan efforts of both Speaker Nancy Pelosi and US Trade Representative Robert Lighthizer on

The United States, Mexico and Canada last year agreed to replace the 25-year-old North American Free Trade Agreement with a new version designed to encourage more investment in factories and jobs in the U.S.

But the so-called U.S.-Mexico-Canada Agreement, or USMCA, needs congressional approval. Democratic lawmakers have demanded changes designed to do more to protect workers and the environment and to make sure the deal’s provisions can be enforced.

Pelosi’s upbeat comments suggest progress in negotiations between congressional Democrats and Trump administration officials at the Office of the U.S. Trade Representative.

Moving ahead on the trade deal could signal that Democrats and Republicans can work on substantive issues even as the House pursues a divisive impeachment case against Trump.

Still, the administration has yet to release a text of the legislation Congress will vote on, so business and labor groups don’t have details on how Trump’s team and Democrats are attempting to bridge their differences.

“There’s no question (Pelosi’s comment) is tangible progress toward passing USMCA,” said Daniel Ujczo, a trade lawyer at Dickinson Wright PLLC in Columbus, Ohio. “I’m just not sure we’re at the goal line now.”

Freeland heads to Washington for trade talks with U.S. and Mexico .
OTTAWA — Deputy Prime Minister Chrystia Freeland is headed to Washington for North American trade talks with another deadline looming. Officials from the continent's three countries have been holding talks aimed at speeding the ratification of the new United States-Mexico-Canada Agreement ahead of the U.S. Thanksgiving holiday weekend. The Privy Council Office said in a statement that Freeland would be meeting her American and Mexican counterparts, Robert Lighthizer, the Trump administration's trade czar, and Jesus Seade, Mexico's undersecretary for North America on Wednesday.

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