Canadians were told USMCA was the best deal possible, but US Democrats made subsequent revisions.
Tax applies to the digital business of companies that have global revenues of over 750 million euros
To make up for the lost work, the San Antonio plant will build the Sequoia large SUV.
The deal just needs Trump’s signature to be fully approved in the U.S.
Agreement leaves unresolved Washington’s fundamental differences with Beijing, which is relying on massive government intervention in the economy.
Phase 1 pact does little to force China to make the major economic reforms – such as reducing unfair subsidies for its own companies.
House approved a bill that puts in place terms of USMCA.
Only the third US chief executive to be formally charged under the Constitution’s ultimate remedy for high crimes and misdemeanours.
Bill implementing terms of USMCA is expected to pass with bipartisan support.
Washington also agreed to postpone a planned tariff hike on US$160 billion of Chinese goods
The Liberal government will need at least one other party to support the ratification.
Trump says impeaching him would be “sheer Political Madness!”
U.S. House Speaker Pelosi on the deal: a “victory for the American worker.”
China will buy American farm products but won’t commit to a specific dollar amount.
Prospects for Trump and Xi to meet and sign a preliminary deal soon appear uncertain.