Keyword: usmca
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The USMCA is now in full effect. It replaces the decades old North America Free Trade Agreement. According to the USDA, Canada and Mexico were our top two trading partners in 2019. They also say that the USMCA contains significant improvements to rules of origin, ag market access, and labor issues. The U.S. Treasury Department's Monica Crowley believes that those improvements will have a very positive impact on our farmers and ranchers. "President Trump promised that he would scrap NAFTA, which was a horrendous trade deal, particularly for our nation's farmers... He promised to scrap that and replace it with...
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Today, the United States-Mexico-Canada Agreement (USMCA) will go into effect. Thanks to the bold leadership of President Trump, the agreement will mean stronger economic growth, more jobs for American workers, and fairer trade for our country. President Trump has delivered for American manufacturers, farmers, businesses, and workers. The agreement will drive job creation and includes the strongest, most advanced, and comprehensive set of labor provisions of any United States trade agreement. American farmers will have access to fairer markets in Canada and Mexico, opening up more opportunities to export their goods. USMCA will strengthen American manufacturing, including incentivizing investment...
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When I ran for President, I made a solemn promise to the American people that I would end the job-killing failure called the North American Free Trade Agreement (NAFTA) and replace it with a better deal for our workers, farmers, ranchers, and businesses—the men and women of Main Street who built the most prosperous and equitable economy in human history.  Today, with NAFTA ending forever and the United States-Mexico-Canada Agreement (USMCA) entering into full force, our grateful Nation pays tribute to America’s workers and celebrates their ability to overcome decades of bad deals and failed policies.The USMCA is the...
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President Donald Trump was elected in part on his promise to change the direction of U.S. trade policy so it would put America first. He has kept that promise with new trade agreements and tough enforcement actions that break down foreign trade barriers, protect America’s competitive edge and stop the outsourcing of U.S. jobs. A key Trump success — and an important promise kept — has been to end the job-killing North American Free Trade Agreement (NAFTA) and replace it with a complete and long-overdue transformation. To replace NAFTA, Trump negotiated a modern, state-of-the-art trade agreement with Mexico and Canada...
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1. On November 30, 2018, the United States, Mexico, and Canada entered into the Agreement between the United States of America, the United Mexican States, and Canada (the “USMCAâ€), attached as an Annex to the Protocol Replacing the North American Free Trade Agreement with the Agreement between the United States of America, the United Mexican States, and Canada (the “Protocolâ€), and on December 10, 2019, the United States, Mexico, and Canada amended the USMCA through the Protocol of Amendment to the Agreement between the United States of America, the United Mexican States, and Canada. The Congress approved the Protocol...
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A new continental trade agreement kicks in on Wednesday (July 1st), and border industry leaders are ready to take advantage of it. The U.S.-Mexico-Canada Agreement (USMCA) increases native content in the auto industry, incorporates rules for e-commerce and pharmaceuticals, opens Mexico’s energy sector and updates labor protections in the 1994 North American Free Trade Agreement, or NAFTA... One in four jobs in El Paso is tied to cross-border trade, while 300,000 people across the border in Juarez work in U.S.-run maquiladoras that assemble automotive components, electronics and medical supplies, among others... Mexico is also looking forward to the business opportunities...
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By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 301 of title 3, United States Code, and section 741 of the United States-Mexico-Canada Agreement Implementation Act (Act) (Public Law 116-113), it is hereby ordered as follows:Section 1.  Establishment of Forced Labor Enforcement Task Force.  The Forced Labor Enforcement Task Force (Task Force) is hereby established to monitor United States enforcement of the prohibition under section 307 of the Tariff Act of 1930 (19 U.S.C. 1307).Sec. 2.  Membership.  The Task Force shall be chaired by the Secretary of Homeland Security and shall...
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One, I want to start by offering my opinion on something. It is my opinion that the U.S. will be part of the North American Union (NAU; now called the USMCA; the NAFTA replacement agreement that is now scheduled to go into effect on July 1, 2020). This will make the U.S. one of several regional groups of nations, each region will ultimately have a leader, there will eventually be 10 regions and leaders, and the 10 leaders will ultimately be known as the Ten Kings and dominated by the EU. There seems to be no question that the U.S....
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By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 301 of title 3, United States Code, and section 711 of the United States-Mexico-Canada Agreement Implementation Act (Act) (Public Law 116-113), it is hereby ordered as follows:Section 1.  Establishment of the Interagency Labor Committee for Monitoring and Enforcement. The Interagency Labor Committee for Monitoring and Enforcement (Committee) is hereby established to coordinate the efforts of the United States to monitor the implementation and maintenance of the labor obligations of Canada and Mexico, to monitor the implementation and maintenance of Mexico’s labor reform, and...
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Our Nation’s history is defined by discovery, ingenuity, and innovation. Americans are known for their resourcefulness and ability to find solutions to a wide range of challenges, including the development of technologies that advance our security, health, and prosperity. This resourcefulness has been a driving force of economic growth and human development since the founding of our Nation, and our future depends on the continued protection of our intellectual property. On World Intellectual Property Day, we renew our resolve to protect and secure the works and innovations of American artists, inventors, and other creators who continually push the boundaries of...
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Oval Office2:42 P.M. ESTPRESIDENT TRUMP: Well, thank you very much. It’s great to be with the President of Ecuador — and it’s one of the most beautiful countries in the world — and perhaps equally as important, and maybe even more importantly, your great First Lady. Thank you very much for being here. This is a tremendous honor. Some of the most beautiful landscapes in the world and one of the most beautiful places on Earth, they say. I’ve heard that for a long time.And we are working on trade deals, we’re working on military options, including the purchase of...
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U.S. companies are leaving China thanks to the trade war. They’ll leave even more thanks to the pandemic. Sorry, Davos Man. Your China-led globalization is going out of style like bell bottoms. Global manufacturing consulting firm, Kearney, released its seventh annual Reshoring Index on Tuesday, show what they called a “dramatic reversal” of a five-year trend as domestic U.S. manufacturing in 2019 commanded a significantly greater share versus 14 Asian exporters tracked in the study. Manufacturing imports from China were the hardest hit.
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By the authority vested in me as President by the Constitution and the laws of the United States of America, including section 301 of title 3, United States Code, and section 811 of the United States-Mexico-Canada Agreement Implementation Act (Act) (Public Law 116-113), it is hereby ordered as follows:Section 1.  Establishment of Interagency Environment Committee.  The Interagency Environment Committee for Monitoring and Enforcement (Committee) is hereby established to coordinate United States efforts to monitor and enforce environmental obligations consistent with title VIII of the Act and, with respect to Mexico and Canada, to carry out assessments of their environmental laws and policies, to carry...
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Claire Chase is running as a Republican for New Mexico’s 2nd Congressional District seat in 2020, and she stopped by the Daily Caller to sit down with senior White House correspondent Christian Datoc. Chase, the 36-year-old former chairman of the New Mexico Oil and Gas Association and a mother of two, is running against Democratic Congresswoman Xochitl Torres Small who turned the primarily Republican district blue in 2018. Chase talked to Datoc about her support for President Donald Trump’s US-Mexico-Canada trade agreement, the border wall, the Second Amendment, and her opposition to the Green New Deal.
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President Trump wasn’t called a racist until he ran against Hillary. That’s how liberals operate. Play the race card every time. They’ve done it for decades. Fortunately, minorities aren’t falling for it as much as they used to. The black people no longer think they are victims – but free men – to do and achieve as they can. Just like all should be able to do. In November, two polls found that President Trump’s approval rating among black likely voters had reached 34%. An Emerson poll found that Trump has a 34.5% approval rating among black likely voters and...
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President Trump appeared to mock House Speaker Nancy Pelosi this week by gleefully handing out souvenir pens at the USMCA signing ceremony. A move that came after Pelosi was slammed for handing out souvenir pens with her name on them on the day she signed the resolution to transmit two articles of impeachment against Trump to the Senate.
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Tariffs were once a mainstay in U.S. trade policy. Constituting the main source of federal revenue from 1790-1914, and at one point providing over 90% of government income, they were a pivotal component of U.S. fiscal and foreign policy. Their main motivation in those times: protect U.S. industry from foreign opposition. It wasn’t until colossal industrial growth coupled with the introduction of the income tax rendered them less critical to the government balance sheet, and their use declined. Post-World War II, tariffs took on the negative connotation you see today. The West largely eschewed them in favor of free trade...
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President Trump appeared to mock House Speaker Nancy Pelosi this week by gleefully handing out souvenir pens at the USMCA signing ceremony — a move that came after Pelosi was slammed for handing out souvenir pens with her name on them on the day she signed the resolution to transmit two articles of impeachment against Trump to the Senate. Pelosi, D-Calif., gave out the commemorative pens Jan. 15 to a number of House Democrats who were involved in impeachment, a stark contrast from what she had repeatedly said was a “somber” and “prayerful” act. This led a number of commentators...
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South Lawn 11:11 A.M. EST THE PRESIDENT: Well, thank you very much. That’s beautiful music. Such talented musicians, and we appreciate it very much. We have a tremendous — (applause) — we have a tremendous list of people here today. In fact, so long that if I announced every name, we’d be here for about three hours. (Laughter.) And we have to get back to business. Everybody does. Please sit down. Please. But I want to thank everybody for coming — coming to the White House on this very momentous, historic, and joyous occasion. It’s been a long time. Everybody...
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Today, the Bureau of Economic Analysis released its advance estimate for United States GDP for the fourth quarter of 2019 and the entire calendar year of 2019. The release estimates that real GDP grew 2.1 percent at an annual rate in the fourth quarter of 2019 and 2.3 percent over the four quarters of 2019. Consumer spending and residential investment posted notable gains, propelling GDP growth and setting the stage for future economic expansion. These results show that the economy remains resilient despite a slowdown across the rest of the world and the continuation of the longest expansion in American...
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