Is Trump’s Trade Deal Really The “Best” Ever?
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FEATURING ROBERT E. SCOTT – Democratic Party leaders and President Donald Trump are both claiming victory in reaching an agreement on the new version of NAFTA, the USMCA, or the US-Mexico-Canada Trade Agreement.
On the same day that lawmakers announced two articles of impeachment against President Trump, they announced the USMCA deal, in part to claim that they could legislate at the same time as impeaching.
Trump, at a political rally in Hershey, Pennsylvania on Tuesday night claimed that Democrats made the agreement in order to offset the embarrassment they felt about impeaching.
But what is in the actual agreement? Is it better for workers, the environment, and consumers than NAFTA or does it benefit corporations like most trade agreements do?
Robert E. Scott, Senior Economist at the Economic Policy Institute.