Trump to kill existing NAFTA text to push Congress to approve USMCA

Finance Minister Bill Morneau said he has a

Donald Trump says he'll terminate Nafta

Seeking to gain leverage with sceptical lawmakers to approve the revised trade pact, Trump says Congress "will have a choice" as it considers the agreement he signed with the leaders of Mexico and Canada on Friday during the Group of 20 summit.

"There is much more work to do in lowering trade barriers and in fostering growth that benefits everyone, but reaching a new free trade agreement with the United States and Mexico is a major step for our economy", said the prime minister.

Federal Finance Minister Bill Morneau says Canada takes seriously comments made by U.S. President Donald Trump about withdrawing from the North American Free Trade Agreement. "We hope this 90-day tariff pause will lead to a positive resolution that removes tariffs altogether and improves U.S".

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"We are starting to see the beginnings of the negotiation process in the United States that will - we hope - get to a ratification of the deal", said Morneau, saying Canadian officials would be talking to all those involved. "I will only support this new deal if we can make it a better deal for Wisconsin farmers, manufacturers, businesses and workers". However, it doesn't go far enough to institute a fair-trade framework that benefits family farmers and ranchers and restores USA sovereignty. "It goes down, certainly - if it happens, it goes down as one of the largest deals ever made", Trump said. MacNaughton said Canadian diplomats will rev up their machine to lobby members of Congress for their support.

Republicans, meanwhile, are angry over the LGBTQ protections in Section 23 of the USMCA, which call on the three countries to adopt policies for sexual orientation and gender identity, "in promotion of equality and elimination of employment discrimination".

"The trade agreement formerly known as Nafta is a work in progress", Pelosi told reporters.

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"At 25 years old, NAFTA was in need of an update, particularly in areas like digital commerce that didn't exist a quarter-century ago", NRF President and CEO Matthew Shay said.

Sen. Sherrod Brown, D-Ohio, has been critical of the new trilateral trade deal. "What isn't in it yet is enough enforcement reassurances regarding workers, provisions that relate to workers and to the environment", she said.

Rubio's office said Monday that the senator had asked Lightizer to look into additional trade actions to protect Florida growers, and that Lighthizer had committed to requesting a fact-finding investigation and taking corrective action.

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