US president signs USMCA

President Trump on Wednesday signed the new North American trade deal — a key victory for his administration — in a ceremony at the White House, surrounded by business leaders, lawmakers and officials from Mexico and Canada.

“Today, we are finally ending the NAFTA nightmare and signing into law the brand new US-Mexico-Canada Agreement,” the president said outside the White House. “The USMCA is the largest, fairest, most balanced and modern trade agreement ever achieved.”

“For the first time in American history, we have replaced a disastrous trade deal that rewarded outsourcing with a truly fair and reciprocal trade deal that will keep jobs, wealth and growth right here in America,” he continued.

Replacing the President Clinton-era NAFTA was a critical part of Trump’s 2016 presidential campaign and he often railed about it on the stump, calling it “the worst trade deal ever” and saying it sucked manufacturing jobs and factories from the US.

He took a victory lap at the signing ceremony.

Source: https://nypost.com