Politics > Markets

Trump's new major trade deal looks a lot like NAFTA. Here are key differences between them

1 month ago   |   By Business Insider

President Trump and House Speaker Nancy Pelosi on Tuesday announced a deal on the United States-Mexico-Canada Agreement that will bring it to a vote in Congress and remove the last barrier to enact the trade pact.
Congress is expected to pass the agreement with bipartisan support, giving the president a major trade victory as he attempts to fight off Democratic-led impeachment proceedings and campaign for reelection.
The new trade deal bears a lot of similarities to NAFTA, but there are major differences as well.
Some of the key differences: increased dairy-market access for the US, a new...
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Nancy Pelosi bragged to Democrats that 'we ate their lunch' on Trump's NAFTA replacement deal

Nancy Pelosi bragged to Democrats that 'we ate their lunch' on Trump's NAFTA replacement deal

1 month ago   |   By Business Insider

House Speaker Nancy Pelosi celebrated her party's work on the United States-Mexico-Canada Agreement this week.
Behind closed doors, Pelosi insisted that Democrats had the upper hand on the trade deal and out-strategized the GOP.
"We ate their lunch," Pelosi said in a caucus meeting, according to CNN reporter Manu Raju.
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House Speaker Nancy Pelosi celebrated her party's work on the United States-Mexico-Canada Agreement , which both Democrats and the White House agree is an improvement on the North American Free Trade Agreement.
Democrats...
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