The US Senate overwhelmingly approved the United States–Mexico–Canada Agreement (USMCA) on Thursday, delivering President Donald Trump a massive legislative victory in a presidential election year. It’s also a massive win for the American people.
Promises made. Promises kept.
Lawmakers voted 89 to 10 to pass the legislation, which ratifies the agreement, sending it the White House for the president’s signature. This victory comes a day after China agreed to purchase an additional $200 billion in US goods and services over the next two years. That’s just from what is termed “Phase One” of the trade agreement.
American farmers will now sell rice and soy to China. We are selling rice to China! That’s like selling ice cubes to the Eskimos. #MAGA!
“Today the Senate will send this landmark agreement to the president’s desk,” Senate Majority Leader Mitch McConnell said in a statement prior to the full Senate vote. “Quite a week of substantive accomplishments for the nation, for the president, and for international trade.”
Back in mid-December the House approved the agreement with a vote of 358-41 after a year of discussions between the White House and congressional leadership.
The USMCA retains a lot of the NAFTA agreement, but brings in a lot of new trade options like a specific percentage of things must be made in three countries to be 100 percent free from tariffs. For example, 45 percent of car parts must be made by workers earning $16 an hour.
The deal also opens up Canada’s dairy market to US farmers.
Trump lauded the deal as the “largest, most significant, modern and balanced trade agreement in history.”
US Trade Representative Robert Lighthizer touted the signing of the agreement, pointing out that it is expected to create up to 589,000 American jobs and help additional economic growth for the country.
“House passage of the USMCA with such huge bipartisan support is a major milestone and shows just how much President Trump is successfully changing U.S. trade policy so it works for the benefit of American workers, farmers, ranchers, and businesses,” said Lighthizer. “The USMCA is expected to create between 176,000 and 589,000 new American jobs and substantially increase economic growth. The International Trade Commission’s analysis shows that USMCA will have a more positive impact on our economy, jobs, and wages than any other U.S. trade agreement ever negotiated.”
Nice. Keep America Great 2020