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Factbox: U.S. House Democrats back USMCA: What happens next?

11 monthes ago   |   By Reuters

U.S. House Democrats on Tuesday backed a renegotiated version of the U.S.-Mexico-Canada trade agreement after a year of often acrimonious negotiations with the White House, and it was signed by the United States, Canada and Mexico.
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United Steelworkers union says supports approval of revised USMCA trade deal

11 monthes ago   |   By Reuters

The United Steelworkers International union on Tuesday said it supported approval of a revised U.S.-Mexico-Canada trade agreement to replace the 1994 NAFTA trade agreement that it said had sent U.S. jobs to Mexico and depressed wages.
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Labor unions win, drug companies lose in new trade deal

Labor unions win, drug companies lose in new trade deal

11 monthes ago   |   By Politico

The big winners and losers from the Trump administration's deal with Democrats on its NAFTA replacement, the U.S.-Mexico-Canada Agreement, are not necessarily the traditional ones. Pharmaceutical companies, which usually see gains from trade deals, got their big promise ripped out of the final agreement. But it gives labor groups, most notably the AFL-CIO, the first trade deal it could support in nearly two decades because of strong enforcement of labor rules. The compromise leaves a three-nation, $1.4 trillion free trade zone largely unchanged for agricultural exporters. And it tightens...
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