Trump, Democrats Agree to Revised USMCA
President Donald Trump, House Speaker Nancy Pelosi, and factory and labor officials all cheered the imminent passage of a revised version of the U.S.-Mexico-Canada trade bill.

President Donald Trump is flanked by then-Mexican President Enrique Peña Nieto and Canadian Prime Minister Justin Trudeau in a signing ceremony for the preliminary tripartite trade agreement at the G20 Summit in Buenos Aires on Nov. 30, 2018. Mexico’s current president, Andrés Manuel López Obrador, took office the next day.
Photo courtesy The White House via Flickr
WASHINGTON — Republicans and Democrats have agreed to a revised version of the U.S.-Mexico-Canada trade agreement, all but assuring its passage after more than a year of negotiations. President Donald Trump, U.S. House Speaker Nancy Pelosi, automotive manufacturers, and union representatives all praised the bill, which replaces the North American Free Trade Agreement of 1994.
“America’s great USMCA Trade Bill is looking good. It will be the best and most important trade deal ever made by the USA,” Trump wrote in a tweet, adding that NAFTA was “our Country’s worst Trade Deal.”
The bill is expected to face a full House vote next week and rapid passage in the Senate before heading to Trump’s desk for a final signature.
Negotiations were led by U.S. Trade Representative Robert Lighthizer on the Republican side; his Democratic counterpart was House Ways and Means Chairman Rep. Richard Neal of Massachusetts. Democrats secured a series of revisions covering environmental, pharmaceutical, labor, and enforcement issues.
“This is the day we have been waiting for,” Pelosi said Tuesday. “It is infinitely better than what was initially proposed by the administration.”
“We demanded a trade deal that benefits workers and fought every single day to negotiate that deal.”
The deal was also endorsed in official statements from U.S. carmakers, which praised USMCA as “vital to the success of the North American auto industry” (General Motors) and “allows the U.S. auto industry to be globally competitive” (Ford).
“We demanded a trade deal that benefits workers and fought every single day to negotiate that deal; and now we have secured an agreement that working people can proudly support,” added Richard Trumka, president of the AFL-CIO, America’s biggest labor union. “Trade rules in America will now be fairer because of our hard work and perseverance. Working people have created a new standard for future trade negotiations.”
Originally posted on Auto Dealer Today
More Showroom

Dealers a Little Down
A third-quarter Cox Automotive survey finds them in a mixed mood, bummed by fallen customer traffic but encouraged by better profits, costs and EV interest.
Read More →
European EV Sales Skyrocket
The EV market on the continent held strong in July with almost 25% of new-car sales being fully electric units, a stark contrast to the U.S., where EV sales declined about 42%.
Read More →
Mitsubishi Unveils U.S. Plan
The automaker announced a strategy that includes an expanded lineup and dealership presence, along with more ‘rugged’ and electric models.
Read More →
Used Lots Getting the Business
Many consumers are seeking out the units to save money, and the demand – higher in July than normal – is keeping supply limited and prices up.
Read More →
Used Market Stabilizes
The Carfax Used Car Index noted a major drop in used-vehicle price increases in July after several months of hikes.
Read More →
California Hybrids Reach State Record
The Golden State still leads the country in electric-vehicle registrations, but much like the rest of the U.S. its hybrid market share is up while full electrics stabilize after a dramatic first-quarter dip.
Read More →
My Mercedes in the U.S.
The German brand debuted its studio dealership concept for the first time in the states in Los Angeles, tapping Americans’ penchant for creative distinctions.
Read More →
Used Sales Hit Summer Drag
The vacation season, combined with high prices, has dented deliveries and added to inventories, though supply is still slim enough to keep listings elevated.
Read More →
California Launches EV Rebate Program
Participating automakers are matching the state's $13.5 million investment in new electric-vehicle rebates scheduled to take effect later this summer.
Read More →
OEM Poll Sees Industry Evolution
Kerrigan Advisors’ survey of automakers finds that tariffs, technology, network tightening and other factors are poised to reshape auto retail.
Read More →