November 30, 2018
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23:41Now PlayingPresident Trump, his Mexican counterpart Enrique Pena Nieto and Canadian Prime Minister Justin Trudeau have officially signed the replacement to NAFTA, in the wake of the Trump administration enacting tariffs on steel and aluminum products from Canada and Mexico, which sparked retaliatory tariffs and negotiations with the two countries.
The new deal, the United States-Mexico-Canada Agreement (USMCA), was signed between the nations on the sidelines of the G20 meeting in Argentina.
But it still faces an uphill battle in Congress, with some top Democrats in the House and Senate saying they are not convinced the new agreement is good enough for America.
USMCA, which was finalized last month, replaces the North American Free Trade Agreement (NAFTA), which had been repeatedly criticized by Trump as being unfair to Americans and the country’s industry.
“This has been a battle, and battles sometimes make great friendships,” Trump said at the beginning of the signing ceremony.
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