05 December, 2018
Trump said the extension gives him and Chinese President Xi Jinping additional time to negotiate.
"Now that the agreement has been signed, the Senate Finance Committee will review it with a fine-tooth comb and have the opportunity to weigh in", Grassley said in a statement.
Dziczek said she's anticipates a scenario where Trump signs a formal intent to withdraw, but ignores the fact that congressional approval would be required to repeal the underlying legislation that enforces the terms of the original agreement - a scenario she's dubbed "zombie NAFTA".
"President Trump campaigned against the major flaws in global trade agreements that the original NAFTA created the framework for, and rightly so".
U.S. Department of Agriculture Secretary Sonny Perdue was pleased an agreement had been reached. Mr Trump seems to have opted for diplomacy at the end of a political barrel, telling reporters on Saturday that Democrats "will have a choice" of whether to approve the deal as written or risk the consequences. "I think that's how he thinks he's going to whip votes".
"Make no mistake, we will stand up for our workers and fight for their families and their communities", he said.
Legislators in Canada and Mexico must still approve the pact.
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"I think this new U.S. Mexico Canada trade agreement is great". There are many provisions that will be popular with constituents throughout the country, and Crawford said it would be a "gross miscalculation" by House Democrats if they try to stop or change the agreement.
Although the three country leaders agreed to the new terms, lawmakers in each country still need to ratify the deal.
Trump had vowed to revamp NAFTA during his 2016 presidential election campaign.
"Whatever they're calling it now, it has some kind of gobbledygook name - the trade agreement formerly known as Prince", Pelosi remarked Friday, "no, I mean, formerly known as NAFTA - is a work in progress".
AFL-CIO President Richard Trumka on Friday called for a major rewrite of the deal signed in Argentina at the Group of 20 summit.
The administration must submit paperwork to Capitol Hill, and within 105 days an economic impact report is due from the International Trade Commission.
Despite cautious support from some Republicans, there are early signs of lawmakers using the high-stakes deal to demand that home-state issues be addressed. The United States should protect its sovereignty over the interests of other countries.