New trade agreement a win for Montana agriculture

New trade agreement a win for Montana agriculture

"In the United States the new trade pact will support high-paying manufacturing jobs and promote greater access for American exports across the range of sectors including our farming, manufacturing, and service industries", Trump said. "Congress will have a choice of the USMCA or pre-NAFTA, which worked very well".

Democratic Senator Sherrod Brown of OH says the USA needs to reopen discussions with Mexico and Canada on trade.

U.S. President Donald Trump, Canada's Prime Minister Justin Trudeau and Mexico's President Enrique Pena Nieto sign documents during the USMCA signing ceremony before the G20 leaders summit in Buenos Aires, Argentina November 30, 2018.

Both chambers would need to sign off on the agreement before it could make its way to Trump's desk to be signed into USA law.

Trump has made renegotiating NAFTA a centrepiece of his presidency.

US President Donald Trump said Saturday he will soon notify Congress that he plans to end the NAFTA agreement with Mexico and Canada in favor of a new regional trade deal, setting up a potential clash on Capitol Hill.

A number of Democrats in Congress have indicated they don't like the deal in its current form and say it will require more stringent enforcement mechanisms for new labour rules and protections for the environment in order to win their support.

The agreement, if approved, would be for five years, but Crawford thinks that is a mistake. MacNaughton said Canadian diplomats will rev up their machine to lobby members of Congress for their support. The move seems to be aimed at the new Democratic House, which will take over next year - and may not approve the USMCA.

Trump said Friday that he did not foresee a problem with getting congressional approval, but some Democrats - who will control the US House of Representatives as of January - have expressed skepticism.

Thus, even though its been signed, it still faces major hurdles, particularly in the US where Congressional Democrats are cool to the proposed agreement.

The leaders of the three countries agreed on a deal in principle to replace NAFTA, which governs more than Dollars 1.2 trillion of mutual trade, after acrimonious negotiations concluded on September 30.