A Victory for American Industries and Workers

From The White House:

The new United States–Mexico–Canada Agreement includes key victories for American manufacturers, agriculture, businesses, and workers.

BUSINESS INSIDER: Trump’s New Trade Deal with Canada and Mexico is Winning Early Praise
“Early reviews of President Donald Trump’s new trade pact with Mexico and Canada are positive … The refreshed version of NAFTA will include increased labor protections for workers, increased standards for duty-free auto shipments, increased access to the Canadian dairy market for US farmers, and a slight tweak to the deal’s dispute-resolution system.”

FOX BUSINESS: US Stocks Surge as US, Canada, Mexico Reach Trade Deal
“Stocks surged Monday as Canada and the U.S. reached a trade deal that also includes Mexico, and key changes at the top of major corporations boosted investor sentiment.”

THE WASHINGTON TIMES: Trump Trade Deal with Canada, Mexico Gets American Farmers’ Stamp of Approval
“The Trump administration’s new three-way trade deal to replace NAFTA got a thumbs-up from American farmers. Americans for Farmers & Families spokesman Casey Guernsey, a seventh-generation farmer, said the three-way deal showed Mr. Trump remembered his promise ‘to stand up for rural America. … After years of declining income and months of trade uncertainty, farmers desperately needed a win, and today the Trump administration delivered it,’ he said. ‘While eager to learn the details, I hope that Congress will use this positive momentum to bring this important agreement over the finish line.’”

WASHINGTON EXAMINER: Canada Gave Ground on the Key Issue of Dairy in New Trade Agreement
“Canada gave ground to the U.S. in the North American Free Trade Agreement replacement deal agreed to Sunday by rolling back protections for its domestic dairy industry, providing a victory to American farmers on one of the key points of negotiation.”

THE WALL STREET JOURNAL: New NAFTA Shows Trump’s Trade Strategy for Balancing Labor, Business Interests
“The Teamsters have nice things to say about the new North American Free Trade Agreement. Big banks can also claim a victory. … Many labor officials say they’ve been pleasantly surprised with strong language in the agreement pushing Mexico to bolster its unions, including protecting ‘the right to strike.’ American unions have argued that the lack of such provisions in the original NAFTA meant the pact encouraged factories to relocate south of the border in search of cheaper workers.”
(Read more.)

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