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Peter Navarro: USMCA is Trump's vision (not Pelosi's) -- and a shining example of promises made, promises kept
Fox Business ^ | December 10, 2019 | Peter Navarro

Posted on 12/10/2019 5:13:03 PM PST by jazusamo

The old saw that victory has a thousand fathers took on a new twist Tuesday as House Speaker Nancy Pelosi, D-Calif., announced that she supports an affirmative vote on the best trade deal ever negotiated by an American president – the U.S.-Mexico-Canada Agreement (USMCA).

Remember that Pelosi, along with more than 100 other Democrats, voted for the North American Free Trade Agreement (NAFTA) in 1993.

In sharp contrast, there should be no mistake about this: Donald Trump was a NAFTA critic from the get-go. The USMCA is President Trump’s vision, and it is a poster child of yet another promise made and promise kept for American workers.

Presidential candidate Trump promised in June 2016 during his historic jobs plan speech to “immediately renegotiate” NAFTA “to get a better deal for our workers.”

President Trump kept that promise on November 30, 2018 when he signed the USMCA with Mexican President Enrique Peña Nieto and Canadian Prime Minister Justin Trudeau during the G-20 Summit in Argentina.

USMCA’s centerpiece is a set of “regional content” rules that will restore North America as the strategic and global hub of automobile manufacturing – and act as a counterweight to the unfair trade practices of both Asian and European automakers.

Under USMCA, 75 percent of the content of automobiles must be made in the U.S., Mexico or Canada to qualify for duty-free treatment.

To ensure that American workers get their fair share of auto and auto parts production, the USMCA also imposes tough environmental and labor restrictions to prevent too much of that production from moving south of the border.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy; Canada; Government; Mexico; News/Current Events; Politics/Elections
KEYWORDS: canada; jobs; mexico; nafta2pt0; peternavarro; presidenttrump; trade; trump; usmca; usmcaisnafta

1 posted on 12/10/2019 5:13:03 PM PST by jazusamo
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To: jazusamo

I’m skeptical... What did they do to poison it?


2 posted on 12/10/2019 5:31:04 PM PST by Rio
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To: jazusamo

Nancy will win a few awards for her great work with the USMCA ,LOL


3 posted on 12/10/2019 5:35:36 PM PST by butlerweave
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To: butlerweave

I already read negatives re: replacing illegals through automation.. Automation lost.
The articles were freep.


4 posted on 12/10/2019 5:53:18 PM PST by acapesket (all happy now?)
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To: Rio

My dad told me they are slipping amnesty in there.
Haven’t read it myself yet. But I wouldn’t doubt this is the plan.


5 posted on 12/10/2019 5:55:55 PM PST by TianaHighrider (God bless President Trump. Prayers for PDJT and his loyal supporters.)
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To: Rio

A provision for the unions was written in the text of the agreement. Maybe that is popular in some niches of the political world.

Still, thee is not much limit on what COULD be accomplished, if you don’t make a big point of who gets the credit.


6 posted on 12/10/2019 6:13:07 PM PST by alloysteel (Nowhere in the Universe is there escape from the consequences of the crime of stupidity.)
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To: jazusamo
Having watched the House over the past two weeks, I do not trust anything they may do, even/especially if it was in cahoots with the Republicans
7 posted on 12/10/2019 8:17:05 PM PST by Jolla
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To: jazusamo

The scumedia will put Pelosi’s face on it as if it was her idea


8 posted on 12/11/2019 2:28:28 AM PST by ronnie raygun (nic dip.com)
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