President Donald Trump and House Speaker Nancy Pelosi are on the verge of announcing a deal on the new North American trade pact, handing the president a major political victory amid impeachment proceedings and giving moderate Democrats a legislative accomplishment they can sell back home.
After a series of intense, back-and-forth meetings in Washington over the last two weeks, the U.S. and Mexico reached an agreement on the major points on Saturday and have been working since then to get Democrats on board.
Although the deal is widely seen as a crucial pre-election year win for Trump, Pelosi has been emphasizing that passing a new NAFTA goes beyond partisan politics, particularly given Democrats’ long history of criticizing the old pact’s harm on American workers.
“There are those who I read about in one place or another that say, why would you give President Trump a victory?” Pelosi said at the Wall Street Journal CEO Council forum on Monday night. “Well, why wouldn’t we? This is the right thing to do for our trade situation, for our workers.”
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