Seasons Greetings
    

Flash News: The oldest living Marine, Dorothy Cole, died at age 107     - | -     Starbucks closes some New York stores out of possible violence     - | -     COVID-19 vaccine export may start in 2 weeks: Poonawalla     - | -     Microsoft co-founder Bill Gates becomes largest private farmland owner in US     - | -     Alarm at death of teachers: Naseeb Gill      - | -     “Strong evidence” Feds walk back claims Capitol rioters meant to 'capture and assassinate' elected officials     - | -     Dr Reddy's gets DCGI approval to conduct phase-3 trial of Sputnik V     - | -     Biden unveils $1.9 trillion economic package: few keynotes     - | -      Indian consumers to be among the first to buy Samsung Galaxy S21 series globally     - | -     6.2 magnitude earthquake rattles Indonesia's Sulawesi island, killing at least 34 people     - | -     Fear looms as over 90,000 Americans could die of Covid-19 in next three weeks, CDC forecast shows     - | -     Deborah Rhode, Stanford law professor and authority on legal ethics, dies at 68     - | -     Coronavirus: Government is yet to decide on giving indemnity to vaccine makers     - | -     UK to fine companies that hide connections to China Xinjiang region     - | -     U.S. executes mentally diseased woman on murder charges     - | -     Malaysia nationwide Emergency: Election suspended until pandemic is over     - | -     Flight AI-176 enters the book of history with all women crew members     - | -     Trump administration declares Cuba a state sponsor of terrorism     - | -     Mayor Muriel Bowser urges people to avoid DC says Trumpism won't die on January 20     - | -     Ban imposed on genetically modified corn in Mexico     - | -     Ratan Tata travels to Pune to meet ailing former employee     - | -     Florida doctor dead after receiving COVID-19 vaccine     - | -     US Capitol Chaos: Pro-Trump Mob Clash with Police, 4 dead     - | -     Nashville bomber blew himself up, police say     - | -     December deadliest month of COVID-19 pandemic     - | -     Trump signs covid-19 stimulus and government spending bill into law     - | -     This Is What GOP Feared. Now that Trump Has Governed with Executive Orders, Dems Plan to Do Same      - | -     Man Throwing 'Incendiary Devices' at ICE Detention Center Is Killed in Attack      - | -     Mueller Hearing Pushed Back a Week to Allow More Time for Him to Answer Questions      - | -     Trump Tells 4 Congresswomen of Color to 'Go Back' to 'Crime-Infested' Countries They Came From      - | -     GOP Congressman Invokes 'The Deep State'

Business & Technology

Pelosi Seems to Be Pulling North American Trade Deal from the Hands of Trump

viewsViews 416

Pelosi Seems to Be Pulling North American Trade Deal from the Hands of Trump

2019-11-15 14:27:25

By Laura Tucker, Staff writer; Image: Nancy Pelosi (Image source: Screenshot)

Donald Trump focused for a time in his presidency on throwing out the 25-year-old North American Free Trade Agreement and negotiating a new one, but we haven't heard much from his administration with regard to recent negotiations for this. 

Initially, the agreement was set with Mexico and Canada by the late President George H.W. Bush in 1994. While Trump is usually bent on throwing out legislation and deals formed by former President Barack Obama, this time he's intent on singling out this quarter-of-a-century-old deal of Bush's.

The White House announced in August 2018 that a 16-year trade deal had been reached with Mexico. His relationship with Canada's Prime Minister Justin Trudeau kept Mexico from signing the deal. The U.S. neighbor to the south didn't want to move ahead without Canada. A month later Canada signed on, and it has been waiting since then for Congress to agree to it. 

Enter House Speaker Nancy Pelosi (D-CA) who said a new trade deal is "imminent" and that she would like to pass it by the end of the year. It can't be ignored that previously this message belonged to Trump and the White House, yet Pelosi seems to be taking over and pulling it from the president's reigns.

While it hasn't been front-page news, the speaker and other House Democrats have been negotiating with the Trump administration to reach an agreement for the deal. This clearly takes it out of Trump's hands to celebrate the deal, a position that the author of "The Art of the Deal" has pushed throughout. 

"It all comes down to enforcement," explained Pelosi. "I do believe that if we can get this to the place it needs to be, which is imminent, that this can be a template for future trade agreements, a good template."

"I'd like to see us get it done this year, that would be my goal," added the speaker. "I don't imagine that it would take much more in the Senate to pass. ... I would hope that they would move quickly with this." 

Others who are involved in the negotiations, however, have stressed that much work still needs to be completed between U.S. Trade Representative Robert Lighthizer and the House Democratic group led by Ways and Means Chair Richard Neal (D-MA).

Organized labor is still wary of a new agreement, as their belief is that Mexico has not shown it's capable of implementing the reforms of its labor standards that will be necessary to ensure American jobs don't continue to migrate south to that country, according to both labor leaders and Democrats. 

The AFL-CIO Industrial Union Council that represents more than 4.5 million workers sent a letter to lawmakers last week with a warning against a push to get the new deal passed. The letter stated that "NAFTA 2.0 as currently written does not meet the needs of working people for a new trade model that ends the race to the bottom."

Democrats insist that passing the deal depends on backing from labor, with Neal stating, "There's a series of issues that are still a bit elusive, but we're trying very hard." He continued, stating that he thinks "we would all agree that right now the proposal we have in front of us is substantially better than NAFTA that's 25 years old." He summed it up by stating, "Whether or not it's enough, we'll have to figure that out." 

Still, Pelosi remained optimistic that the deal will get the support of labor. "I think it will be a value that is shared by our friends in labor as well as the Democrats in the Congress, so we're in a good place," she shared.

Yet, Trump and other Republicans continue to complain that it's Pelosi who is holding back on bringing a new deal, known as USMCA, to a vote, explaining that she is too focused on impeaching Trump. 

Still, that keeps the speaker in the driver's seat. They've said she's the holdout. Once it passes, Democrats can say they held out for improvements to the deal for the betterment of working Americans.

Post Your Comment




Most Recent News

Beirut blast chemicals possibly linked to Syrian businessmen: call for investigation

18 January, 2021

By K.ShaliniThe company that bought the ammonium nitrate which exploded in Beirut last August had possible links to two Syrian businessmen under U.S. sanctions for ties to President Bashar al-Assad,......More

The oldest living Marine, Dorothy Cole, died at age 107

18 January, 2021

By DwaipayanCole, who was born in 1913 and grew up in Warren, Pennsylvania, suffered a heart attack in the home they shared in North Carolina, her daughter Beth Kluttz told CNN by phone Saturday Dorothy......More

Starbucks closes some New York stores out of possible violence

18 January, 2021

By DwaipayanAs a anxious nation braced for possible hostility in the wake of the U.S. Capitol riot, Starbucks closed some New York City stores out of concern about potential protests. Boogaloos......More

Get Published

Want to publish your own articles?

Create an account, and submit your articles, photos and/or videos. They will be reviewed by our professional copy editors, and if it is approved, it will be published for all our readers to view.

 
 

MORE FOR YOU