Trump Signs USMCA "The Most Fair Trade Agreement"

Self-Praise for Trade Achievements
Democratic Lawmakers Who Bipartisanly Supported USMCA Not Invited

[Asia Economy New York=Correspondent Baek Jong-min] On the 29th (local time), U.S. President Donald Trump signed the new North American trade agreement, the 'United States-Mexico-Canada Agreement' (USMCA), which replaces the existing North American Free Trade Agreement (NAFTA).

[Image source=EPA Yonhap News]

President Trump held a large signing ceremony at the White House on the day, emphasizing the achievements of the USMCA as "the biggest, fairest, most balanced, and most modern trade agreement ever made."

He praised the new trade agreement he achieved, saying, "We replaced the terrible trade agreement (NAFTA) with a truly fair reciprocal trade agreement."

Earlier, the U.S. Senate ratified the USMCA amendments on the 16th with bipartisan support. Mexico completed ratification on December 10 last year, and once the Canadian Parliament finishes ratification, the USMCA will officially take effect, and NAFTA will come to an end.

President Trump did not invite Democratic lawmakers to the event. Although the Democrats also ratified the USMCA with bipartisan support, no Democratic lawmakers attended the ceremony. The Washington Post (WP) reported that Robert Lighthizer, U.S. Trade Representative, expressed hope for Democratic lawmakers to attend the event, but it did not materialize.

This content was produced with the assistance of AI translation services.