Senate passes new North American trade deal, sending it to Trump

CNBC | 1/16/2020 | Staff
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USMCA gives American producers better access to Canadian dairy markets. It creates stricter rules for auto part rules of origin, and requires at least 40% of the parts for a car to be produced in plants where workers make at least $16 an hour.

Other changes include updating digital trade and copyright rules.

Tweaks - Labor - Enforcement - Mechanisms - House

The tweaks to labor enforcement mechanisms got House Speaker Nancy Pelosi and the massive union federation AFL-CIO on board. Trade skeptics in the Senate such as Sherrod Brown, D-Ohio, backed USMCA. Brown voted against NAFTA as a House member.

However, several major unions and environmental groups still oppose the agreement. Sen. Bernie Sanders, a Vermont independent and one of the leading 2020 Democratic presidential candidates, voted against the agreement because he said it did not do enough to address climate change and protect jobs.

View - Trade - Agreement - Outsourcing - American

“In my view, we need to re-write this trade agreement to stop the outsourcing of American jobs, to combat climate change, to protect the environment, and stop the destructive...
(Excerpt) Read more at: CNBC
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