The Senate overwhelmingly approved a new North American trade pact that rewrites the rules of trade with Canada and Mexico. The passage gives President Trump a major policy victory as senators turns their full attention to his impeachment trial.
Deputy Prime Minister of Canada Chrystia Freeland, left, Mexico's top trade negotiator Jesus Seade, center, and U.S. Trade Representative Robert Lighthizer, sign an update to the North American Free Trade Agreement, at the national palace in Mexico City, Tuesday, Dec. 10. 2019.
“Quite a week of substantive accomplishments for the nation, for the president and for our international trade,” said Senate Majority Leader Mitch McConnell, R-Ky., shortly before the vote on the U.S.-Mexico-Canada deal. Sen. Pat Toomey, R-Pa., was a rare voice in speaking against the agreement. “It will mean higher prices for American consumers, who will have to pay more money for a car and therefore will have less money available for any of the other things they would like to consume,” Toomey said. “It will probably lead to an increase or acceleration in the shift to automation.”
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