President Trump and his administration have reached a tentative agreement with the Democrats to ratify the new trade deal known as the USMCA in Congress.
According to The Hill:
House Democrats and the White House have struck a deal on a historic trade deal to update the North American Free Trade Agreement (NAFTA), House Speaker Nancy Pelosi (D-Calif.) announced Tuesday.
Pelosi announced the deal on a head spinning day in Washington just one hour after she joined Democrats in setting out two articles of impeachment against Trump.
The agreement on the trade pact is important to Pelosi and Democrats, who want to show they can legislate even as they move toward just the third impeachment of a U.S. president in history. Republicans have repeatedly criticized Democrats as being consumed by impeachment.
Passage of the United States Canada Mexico Agreement (USMCA) would also give a major political victory to Trump ahead of his reelection. Trump campaigned on renegotiating NAFTA, which he described as the worst deal in history.
When the bill is received by Congress there will then be a 90-day window for the passage to happen.