House Democrats and the White House have reached a deal to advance President Trump's renegotiated North American Free Trade Agreement after months of negotiations for changes on Democratic priorities, House Speaker Nancy Pelosi announced.
"There is no question of course that this trade agreement is much better than NAFTA," Pelosi said at a news conference. If ratified, the trade deal would represent Trump's primary legislative success since Democrats took control of the House of Representatives last November.
'Tariff Man' Trump escalates trade tensions 02:51The new version of US-Mexico-Canada trade agreement would also involve monitoring provisions, including the establishment of an interagency committee to monitor Mexican labor reform efforts and a set of benchmarks for Mexico to meet in implementing the reforms. "This no longer NAFTA lite," said Rep. Jimmy Gomez, who was involved in the talks.
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