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Steel News | 2019-09-25 06:36:18
Speaker of the House Nancy Pelosi told Canadian Prime Minister Justin Trudeau in early September that congressional Democrats have some concerns with the United States-Mexico-Canada Agreement.
SEATTLE (Scrap Monster): Speaker of the House Nancy Pelosi told Canadian Prime Minister Justin Trudeau in early September that congressional Democrats have some concerns with the United States-Mexico-Canada Agreement.
In November 2018, the three nations completed negotiations on the pact to replace the North American Free Trade Agreement (NAFTA), and the deal now awaits congressional ratification, which will require approval by the Democrat-controlled House, as well as the Republican-controlled Senate.
A spokesman for Pelosi said the congresswoman told Trudeau “that Democrats are especially concerned with enforcement of the Agreement and Mexico continuing to implement labor standards and other key commitments.”
Notwithstanding Democratic wariness, White House trade advisor Peter Navarro said on CNBC that the administration has obtained assurances from Mexico regarding enforcement of labor standards and predicted that there is a “100 percent” chance that Congress will ratify the agreement by the end of the year.
Courtesy: AIIS