Nancy Pelosi GIVES UP – She Just Ended It…

After weeks of pressure, House Speaker Nancy Pelosi has finally given up and agreed to actually do something that will help the American people.

Hours after she announced House Democrats would be charging the president with two articles of impeachment (obstruction and abuse of Congress), Pelosi agreed to give Trump the biggest bipartisan legislative victory of his presidency.

The United States, Mexico, and Canada have reached a historic trade deal — and Pelosi is throwing her full support behind passing the bill in the Democrat-led House.

“There is no question, of course, that this trade agreement is much better than NAFTA,” Pelosi said at a press conference on Tuesday afternoon.

Pelosi said the new deal was a “victory for America’s workers.”

The measure will be put to a full House vote next week, where it will likely pass unanimously and move over to the GOP-controlled Senate.

The USMCA — which overhauls the Clinton-era North American Free Trade Agreement — will create “north of 176,000 new jobs” and add $34 billion to the U.S. auto industry.

The USMCA tightens the rules of origination in North America for the cars and trucks to receive tariff-free treatment, requiring a larger proportion of the final product be made in the three countries.

These are aimed at creating more manufacturing jobs within the three-country pact. It also contains provisions guaranteeing a minimum wage.

Commerce Secretary Wilbur Ross said the agreement could add more than 600,000 new jobs to the U.S. economy over the next 5 years.

The USMCA also features an “alternative sunset clause”:

The new trade pact will remain in force for 16 years, but will be reviewed every six years. If the parties decide to renew the agreement, it will be in effect for another 16 years.

But if there is a problem, officials would have 10 years to negotiate to resolve their differences before the treaty would expire. 

There’s also a strong “no-China-deals clause”:

Tucked in the agreement is a provision that appears designed to stop either Canada or Mexico from seeking a better deal with Beijing.

If any signatory seeks to enter into a free-trade agreement with a “non-market-economy” — read China — the other parties will then be allowed to cancel the three-country deal and replace it with a bilateral agreement. 

Trump took to Twitter and spoke about the historic deal and Democrats finally agreeing to pass it.

The USMCA is one of Trump’s landmark victories and will result in tens of billions of dollars flowing back into the United States.

It ends the 30-year-old NAFTA trade agreement that President Bill Clinton passed while in office, which led to countless American jobs disappearing.

One of Trump’s biggest campaign promises was to fix that problem with a new, better trade deal — which is exactly what the USMCA is.

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