The USMCA trade deal replacing NAFTA, passed by Mexico more than half a year ago, has finally passed both the Senate and the House in the United States. PDJT is expected to sign it next week. The deal is a major win for manufacturing in North America.
Despite broad bi-partisan support in both legislative chambers in this country, Speaker Pelosi had held up submitting the deal for a vote for months. Pelosi did not want PDJT to have a win in providing a better economy for all Americans. Eventually internal pressure within her own party forced her to move on the issue. No Democrat facing re-election wanted to be the target of voter angst because the Democrats were hurting Americans in their pocketbooks. It is also a certainty that the Democrats did not want PDJT pummeling them about the USMCA during his State of the Union address this year.
The House passed the deal 385-41 and the Senate 89-10. This represents the strong backing by labor and business that the deal has had from the beginning. There were a few Democrats who did not vote for it because they could not get “climate change” provisions added. Lawmakers, economists and trade experts have emphasized that the new deal offers some much-needed certainty for companies and workers in all three countries.
Canada still needs to pass the deal in their Parliament. However, that is expected to be a formality at this point. There is bi-partisan support there for the deal. Only Trudeau, at Pelosi’s bidding, had held up the vote there.
Companies will now be able to accurately forecast their costs for manufacturing in North America vs manufacturing in Asia. This should lead to the opening of new plants and more higher-paying jobs. Once again this shows that Obama’s “These jobs are gone, they’re never coming back” message to be pure BS. That was part and parcel of his “fundamental transformation” of America.
One has to understand how economics works. Clearly he didn’t or if he did, he was in the employ of those who were trying to transfer America’s wealth to other countries. America was sold out until PDJT came along.
From the beginning of his campaign, PDJT has long emphasized his belief that the American worker can compete around the world. Unfair tariff barriers had caused the exodus of manufacturing jobs to other parts of the world. The USMCA deal is step one in leveling the playing field.
Pelosi held this up for a year to hurt Trump and not give him a win. Americans did not matter to her. Perhaps the labor union members can thank her for this in November.
With all that we have seen in a last couple of years this should be PDJT’s campaign slogan.
“I’m not running to gain power. I’m running because I believe in the potential of each American worker. If you want your life to continue to improve, vote for me. If you want your life to go back to the way it was, vote for him(her)”.