House passes USMCA as Trump and Pelosi battle for credit
The United States-Mexico-Canada Agreement passed the House of Representatives on Thursday after both the Trump administration and House Democrats took credit for the $1.2 trillion deal they say will be better for Americans than the North American Free Trade Agreement.
The United States-Mexico-Canada Agreement passed the House of Representatives on Thursday after both the Trump administration and House Democrats took credit for the $1.2 trillion deal they say will be better for Americans than the North American Free Trade Agreement.
"Of course we'll take credit for it," House Speaker Nancy Pelosi said at a news conference on Thursday morning. "It would have collateral benefit for the president. I don't care about that. We had an opportunity to do something very important for America's people."
Late Thursday, President Trump blasted Pelosi in a tweet, suggesting "she doesn't even know what it says..." The bill now heads to the Senate, where Majority Leader Mitch McConnell has said he will take it up after an impeachment trial for Trump.
USMCA is expected to create around 176,000 new jobs and inject $34 billion into the U.S. auto industry, Commerce Secretary Wilbur Ross told Fox Business' Maria Bartiromo, citing International Trade Commission data. He added that as many as 589,000 new jobs could be created within five years. Click here for more.
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