“It’s just a report”: A coalition of business groups urging Congress to approve the USMCA tells me that people shouldn’t pay too much attention to the coming official estimate of how the deal will affect the US economy: https://t.co/x2isRWTvOv
— Daniel Dale (@ddale8) April 4, 2019
The ITC report expected later this month is widely expected to say that the USMCA will have a very small positive impact at best, a negative impact at worst. The Pass USMCA Coalition says “the benefits of the deal are crystal clear regardless of what the report shows.”
— Daniel Dale (@ddale8) April 4, 2019
Experts agree with pro-USMCA business groups that the coming analysis might have trouble quantifying some legit benefits of the new deal. Regardless, a negative or neutral conclusion could make it even harder to get Democratic votes.
— Daniel Dale (@ddale8) April 4, 2019
Strong signal that those USMCA "side letters" — that Trump negotiated — that Mexico thought would protect Mexican auto production from Trump's 25% national security car tariffs were NOT worth the paper they were printed on. https://t.co/fCmzspafRk
— Chad P. Bown (@ChadBown) April 5, 2019
Sen. Grassley tells Trump he has three months to get USMCA done this year — and stresses the president wants it done this year — but the 232 tariffs have to go.
— Jenny Leonard (@jendeben) April 2, 2019
USMCA “is supposed to be a free trade agreement. But we don’t have free trade with these tariffs in place,” he says. https://t.co/3aDovP1Mxd
Leading this week's PAY DIRT: a veteran GOP operative (and BMW lobbyist) is simultaneously running advocacy groups promoting Trump's USMCA and warning the deal could kill thousands of automotive jobs https://t.co/WiEy1P92OZ
— Lachlan Markay (@lachlan) April 4, 2019
New IMF analysis of NAFTA 2.0 (USMCA) predicts it will have a small overall impact, but generate aggregate welfare LOSSES & bigger trade deficits for the USA:https://t.co/C7bqdvgDcZ pic.twitter.com/PGPCbjaEq4
— Scott Lincicome (@scottlincicome) March 29, 2019
A legit question for this WH is how Americans are expected to know when POTUS means what he says. In 1 week he has promised immediate action, released threats that imperiled the USMCA, then punted. What happens when he's in a situation where he doesn't have time to waffle? https://t.co/nxAxmd2T0h
— Katie Rogers (@katierogers) April 4, 2019
The USMCA ratification is up in the air, and talks on steel/aluminium tariffs are stalled. I took a look at the NAFTA state of play and it is…not good https://t.co/r0zORuGy1L
— Adrian Morrow (@AdrianMorrow) April 4, 2019
Today, I sent a letter to @USTradeRep Robert Lighthizer raising serious concerns about the #USMCA.
— Commissioner Nikki Fried (@NikkiFriedFL) April 5, 2019
The lack of trade protections for U.S. seasonal growers threatens crops, jobs, and our economy.
We need a solution that puts American farmers and families first. pic.twitter.com/R1H4cN3U5m
Sad! 