North American trade deal clears US Senate, awaits Canadian approval

摘要

A new North American trade deal is almost reality.The US Senate on Thursday passed the United States-Mexico-Canada Agreement by an 89-10 margin, bringing a more-than-twoyearprocess to replace the North American Free Trade Agreementalmost to a close.The deal, passed in the House of Representatives on December 19,2019, now moves to President Donald Trump’s desk for signing, whichthe White House has indicated will come soon. After Trump’s signature,it is then up to Canada to ratify the deal for full implementation in NorthAmerica. Throughout the negotiation process, Ottawa has said it willfollow suit once Washington approves the deal.