New Trade Deal Likely Despite Impeachment

Politico: “President 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.”

“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.”

Playbook: “We said a few months ago that impeachment, in a weird way, made a trade deal more likely. It created an incentive for Democrats to work with Trump on something. And here we are, about to see USMCA sail through the Congress with support from the Trump administration, labor and congressional Republicans and Democrats. We expect it to clear with big margins.”