Investor Alert

Dec. 10, 2019, 10:21 a.m. EST

Pelosi backs revamped U.S.-Mexico-Canada trade pact

Speaker of the House Nancy Pelosi on Tuesday announced that Democrats would back the revamped U.S-Mexico-Canada trade pact negotiated by President Donald Trump. At a press conference, Pelosi said Democrats were able to wrest last-minute concessions on enforcement that make the USMCA palatable. Analysts said Pelosi will try to pass the deal before the holiday break. Pelosi said she worked closely with Richard Trumka, the president of the AFL-CIO trade union, during the final negotiations over the weekend.

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House Democrats say they’ll support new North American trade pact

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