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News of the Day July 15, 2019
President Trump Pitches new North America Trade Deal during Stop in Wisconsin
President Trump on Friday sought to boost his renegotiated North America trade agreement during a speech to employees at a Wisconsin factory, as his top legislative priority faces an uncertain path through Congress.
Trump urged Congress to approve the USMCA “immediately” so that he could sign it into law. He encouraged lawmakers to view the new trade agreement as a “bipartisan bill” before attacking House Democrats over ongoing investigations into his administration.
While Mexico has ratified the USMCA and Canada has taken steps to approve aspects of the deal, the pact has stalled in Congress as House Democrats push for additional assurances on environmental and labor protections.
Trump administration trade officials have praised Speaker Nancy Pelosi (D-Calif.) for her collaboration in working through changes to the legislation, but time is running out if lawmakers are to approve the trade deal before the end of the year.
Congress is unable to vote on the pact until the White House sends the implementation legislation, and CNBC reported that the White House is likely to send the USMCA to Congress after Sept. 1.