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A top GOP senator warns that Trump’s massive trade deal with Canada and Mexico is ‘dead’ unless the president reverses his tariffs
"If these tariffs aren't lifted, USMCA is dead. There is no appetite in Congress to debate USMCA with these tariffs in place," Grassley said.
The US, Canada, and Mexico’s newly signed trade pact looks a lot like NAFTA. Here are the key differences between them.
The US-Mexico-Canada Agreement, or USMCA, is similar to the North American Free Trade Agreement, or NAFTA, but there are also some major changes.
Trump just sealed the landmark trade deal with Mexico and Canada, but there’s still a long road toward victory
President Donald Trump, Canadian Prime Minister Justin Trudeau, and Mexican President Enrique Peña Nieto have signed NAFTA's replacement, the USMCA.
Trump wants to have a giant signing ceremony for the updated US-Mexico-Canada trade deal, but the other two countries are refusing because of tariffs
President Donald Trump wants to have a ceremonial signing of the new US-Mexico-Canada trade deal before the midterm to boost the GOP but the other two countries are refusing since Trump's steel and aluminum tariffs are still in place.
Mexico’s incoming president is running a Twitter poll to let people help name the US-Mexico-Canada trade agreement
Mexico's President-elect, Andrés Manuel López Obrado, is running a Twitter poll to solicit suggestions for the name of the new Us, Mexico, Canada trade deal. The name cannot match the USMCA acronym used by the US and Canada because Mexico uses different technical terminology.
Trump reportedly told donors Canada’s chief NAFTA negotiator ‘hates America’ days before sealing the new trade deal
President Donald Trump said Chrystia Freeland, Canada's Foreign Minister and the country's top trade negotiator, "hates America" during a private fundraiser just days before the US and Canada agreed to a new trade deal.
A top Republican senator just made it clear that Trump’s new trade deal with Mexico and Canada could still fall apart
John Cornyn, the second-highest-ranking Republican senator, told reporters that it wasn't "a foregone conclusion" that the new US-Mexico-Canada trade deal would be able to get through Congress.
The new US-Mexico-Canada Agreement includes a small provision that would give the US power to effectively block Mexico and Canada from agreeing to trade deals with China. The moves shows how President Donald Trump is taking the US-China trade war to the next level.
Trump lashes out at ‘babies’ complaining about tariffs, which he says led to the massive new trade deal with Canada and Mexico
President Donald Trump attacked those complaining about the economic impact of tariffs, including members of Congress, calling them "babies." Many economists say the tariffs will harm the US economy.
The new US-Mexico-Canada Agreement, which is mostly an update of the North American Free Trade Agreement, drew early praise from business groups and some lawmakers, but full approval is subject to the details of the agreement.