Why the revised USMCA pleases both Democrats and Donald Trump
On this trade deal, their interests are alignedDec 11th 2019Editor’s note (December 11th): This article has been updated.UNION LEADERS and Democratic lawmakers were cool at first towards the USMCA, a replacement for the 25-year-old North American Free Trade Agreement (NAFTA) which was signed by American, Canadian and Mexican trade negotiators over a year ago. But on December 10th, after months of further talks, they swung behind a reworked version. Richard Trumka, the head of the AFL-CIO, America’s largest trade-union group, proclaimed a “new standard for future trade negotiations”. Nancy Pelosi, the Democratic Speaker of the House of Representatives, called it a “victory for America’s workers”.Choose us for news analysis that respects your time and intelligenceSubscribe to The EconomistWe filter out the noise of the daily news cycle and analyse the trends that matterWe give you rigorous, deeply researched and fact-checked journalism. That’s why Americans named us their most trusted news source in 2017Available wherever you are—in print, digital and, uniquely, in audio, fully narrated by professional broadcastersThis website adheres to all nine of NewsGuard‘s standards of credibility and transparency.ORContinue reading this articleRegister with an email address