Automakers, retailers and oil drillers are among the hundreds of companies that rebelled against President Donald Trump’s tariffs and threats to walk away from long-standing trade agreements, but they’re rallying behind his latest pact with Canada and Mexico that faces steep hurdles in Congress.
Get to ‘Yes’Pelosi told reporters May 2 she would like to get to “yes” on the deal. But she said it must be changed to include provisions protecting workers and the environment, as well as ones that ensure enforcement of the agreement. In this, Pelosi is aligned with U.S. labour unions who say that higher Mexican wages will reduce the financial incentives for manufacturers to move jobs south of the border.
Any changes to the deal must be done without reopening the pact because that would leave it “dead in the water,” said Shannon Kiely Heider, director of international government relations at Cummins Inc., a maker of diesel engines based in Indiana. She’s helping to lead legislative outreach for the USMCA Coalition.
“Trade powers Michigan’s economy,” the announcer in the ad airing in her district says. “Our automakers and suppliers are one of the nation’s largest exporters. But it’s time for a better deal.”
Of course they are. They completely hosed Canada and Mexico, so prompt ratification is of paramount importance.
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