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Trump claims trade victories with revised NAFTA, China deal

Trump claims trade victories with revised NAFTA, China deal

by SYLVAN LANE -The Hill  |  Published on January 20, 2020

President Trump claimed victory on two fronts of his global trade war this week after securing a preliminary deal with China and a replacement for the North American Free Trade Agreement (NAFTA).

The Senate approved Trump’s NAFTA rewrite, dubbed the United States-Mexico-Canada Agreement (USMCA), by a resounding margin Thursday, one day after the president signed a “Phase One” trade deal with China’s Vice Premier Liu He.

Trump celebrated the two deals as promises kept to his supporters less than a year before Election Day.

“The farmers are really happy with the new China Trade Deal and the soon to be signed deal with Mexico and Canada,” Trump declared in a Thursday tweet, “but I hope the thing they will most remember is the fact that I was able to take massive incoming Tariff money and use it to help them get through the tough times!”

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