Trump Imposes Six Month Deadline On Congress For NAFTA Substitute

Ann Santiago
December 5, 2018

"A great deal." Trump said Saturday, during a press conference on Air Force One.

Trump had to submit the text of the agreement to Congress by Friday to set up a slim chance of passing implementation legislation for the deal before January, when Democrats will assume the House majority.

Sen. Pat Toomey (R-Penn.) has said that he thinks the new deal is a step back from NAFTA, and that before he could support it, it would need to get a "few tweaks that move it in the direction of a more pro-trade agreement".

Trump added, "This is an awesome deal for our farmers. It's NAFTA 2.0", Warren told a luncheon audience last week during a foreign policy speech in Washington. The remarks came after he had formally signed a new version of NAFTA with leaders from Mexico and Canada.

When the USMCA, as it is called, was announced in late September, American Trucking Associations praised the proposal, noting that the almost 25-year-old North American Free Trade Agreement was in need of updating. Marco Rubio tweeted his fears that the current agreement gives agricultural producers in Mexico an unfair advantage. "The agreement also preserves and expands critical access for USA poultry and egg producers and addresses Canada's discriminatory wheat grading process to help US wheat growers along the border become more competitive".

If Trump ends NAFTA, Congress would have 60 days to approve USMCA or both trade deals would be void.

"The Democrats are in a different position", Lester wrote.

He appended that they do away with NAFTA. "This all puts the Democrats in a pretty good spot to make demands".

The U.S. does about a $1 trillion worth of business each year with the two countries, and Canada (second) and Mexico (third) are America's most significant trade partners.

"I think we will get the support of a lot of Democrats, a very high number of Democrats, absolutely - I have no doubt about it", Lighthizer said.

Asked about Trump's comments, a spokesman for Canadian Foreign Minister Chrystia Freeland said "this is part of the US ratification process" but declined to comment further.

The original NAFTA deal was signed in 1992 by former President George H.W. Bush.

Now that it's been signed, reopening the deal is a non-starter, Dziczek said. The USMCA requires at least 40 percent of auto production to come from factories with an average wage of 16 US dollars per hour. I think everyone, almost everybody, whether they have an R or a D after their name, realizes this is important for the economy and certainly for trucking.

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