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Pelosi announces agreement on North American trade pact

The announcement comes just hours after Democrats announced their impeachment charges against the president.
Credit: AP
Speaker of the House Nancy Pelosi, D-Calif., makes a statement at the Capitol in Washington, Thursday, Dec. 5, 2019. Pelosi announced that the House is moving forward to draft articles of impeachment against President Donald Trump.  (AP Photo/J. Scott Applewhite)

House Speaker Nancy Pelosi has announced agreement on a modified North American trade pact, handing President Donald Trump a major Capitol Hill win. 

The announcement comes just hours after Democrats announced their impeachment charges against the president. Pelosi's anouncement is one of Trump administration's biggest legislative victories.

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“There is no question of course that this trade agreement is much better than NAFTA,” Pelosi said at a press conference. She said the pact is “infinitely better than what was initially proposed by the administration.” 

Just before Pelosi announced her support, Trump said the revamped U.S.-Mexico-Canada Agreement will “be great" for the U.S. 

“It will be the best and most important trade deal ever made by the USA. Good for everybody - Farmers, Manufacturers, Energy, Unions - tremendous support. Importantly, we will finally end our Country’s worst Trade Deal, NAFTA!,” he wrote in in a tweet. 

In Mexico City, Mexican Foreign Relations Secretary Marcelo Ebrard said that there would be a meeting of the three countries’ negotiating teams Tuesday “to announce the advances achieved” on the trade agreement.  

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