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Trump Must Change USMCA Deal, Senior U.S. House Democrat Says

Posted November 14, 2018

Under Economic Issues, International Trade Issues

(Erik Wasson & Andrew Mayeda – Bloomberg)

President Donald Trump’s new trade deal with Canada and Mexico needs changes to secure support from Democrats, according to a senior House Democrat in line to play a leading role on trade policy in the new Congress.

There needs “to be not only changes in the legislation but more enforcement” if the Trump administration wants votes from Democrats, said New Jersey Representative Bill Pascrell, who is in line to chair the Ways and Means Trade subcommittee, on Wednesday.

All three nations are preparing to sign the agreement during the Group of 20 leaders’ summit in Argentina taking place from Nov. 30-Dec. 1. The new trade deal will require approval by the new U.S. Congress that convenes next year. Click here to read more.