Pelosi says agreement on revamped NAFTA `imminent’

WASHINGTON — House Speaker Nancy Pelosi says she wants to see Congress pass President Donald Trump’s revamped North American free trade deal this year.

In a news conference Thursday, the California Democrat said an agreement on the pact is “imminent.”

The United States, Mexico and Canada last year agreed to replace the 25-year-old North American Free Trade Agreement with a new version designed to encourage more investment in factories and jobs in the U.S.

But the so-called U.S.-Mexico-Canada Agreement, or USMCA, needs congressional approval. Democratic lawmakers have demanded changes designed to do more to protect workers and the environment and to make sure the deal’s provisions can be enforced.

Pelosi’s upbeat comments suggest progress in negotiations between congressional Democrats and Trump administration officials at the Office of the U.S. Trade Representative.

Moving ahead on the trade deal could signal that Democrats and Republicans can work on substantive issues even as the House pursues a divisive impeachment case against Trump.

Still, the administration has yet to release a text of the legislation Congress will vote on, so business and labour groups don’t have details on how Trump’s team and Democrats are attempting to bridge their differences.

“There’s no question (Pelosi’s comment) is tangible progress toward passing USMCA,” said Daniel Ujczo, a trade lawyer at Dickinson Wright PLLC in Columbus, Ohio. “I’m just not sure we’re at the goal line now.”

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

More ambulances are needed in Red Deer to handle inter-hospital patient transfers, says mayor

‘Code reds’ — meaning all city ambulances are in use — happen monthly

On the ropes: The Red Deer Boxing Club wants to expand, but is stymied by back-alley location

The club’s founder is looking for other site options, sponsorships

NDP speak out about future surgery access for women

Surgeries called “limited clinical value”

Your community calendar

Feb. 19 A Liberation of Holland event is being held at the… Continue reading

Einarson, Homan, Jones frontrunning at Tournament of Hearts

MOOSE JAW, Sask. — Manitoba, Ontario and the Jennifer Jones wild-card team… Continue reading

Feds hope to meet with Wet’suwet’en chiefs and negotiate end to blockades

OTTAWA — Traditional chiefs from British Columbia at the heart of the… Continue reading

Ponoka selling its airport to flying club

Agreement is for 25 years with option to buy back

Disturbances prompt Wetaskiwin to close emergency shelter

Citing increased threats, assaults, vagrancy and other crime, the City of Wetaskiwin… Continue reading

Blockades expose a polarized nation

The political response to Canada’s blockade crisis so far has been to… Continue reading

Canada hosts Lima Group, appeals for world’s help on Venezuela crisis

GATINEAU, Que. — Canada and its Western Hemisphere allies are calling on… Continue reading

Trump ally Roger Stone sentenced to over 3 years in prison

WASHINGTON — Trump loyalist Roger Stone was sentenced Thursday to more than… Continue reading

Most Read