Wednesday, January 29, 2020

Trump Trades Blows, Con't

We're going to be constantly reminded in 2020 just how much of Donald Trump's worldview is driven by his insatiable need for petty vengeance against slights both real and perceived, but if Trump wants to take full credit for and invite zero Democrats to his signing of NAFTA 2.0, that's actually a win for the Dems.

President Donald Trump on Wednesday signed his signature trade deal with Mexico and Canada into law, sealing a big bipartisan win for him during his heavily partisan impeachment trial. 
But the celebration on Wednesday was far from bipartisan, as Trump excluded Democrats from the ceremony despite their key role in securing the final version of the deal that passed with overwhelming majorities in both the House and Senate.

Instead, Trump used the signing of the U.S.-Mexico-Canada Agreement as a chance to keep ownership of his deal in a White House ceremony with dozens of Republican lawmakers, local officials and business, industry and union leaders present.

“We have replaced a disastrous trade deal,” Trump said in the ceremony on the White House South Lawn. “This is something we really put our heart into.” 
Signing the USMCA into law is a rare legislative achievement for the president going into his reelection campaign. But Trump will not be able to say he fully delivered on his 2016 campaign promise to replace NAFTA until Canada ratifies the deal and all three countries meet many of their obligations — and that could take months. 
Still, Trump will take his USMCA victory lap to Michigan on Thursday, where he will host an event at an auto parts supplier to tout the benefits of the pact. 
Meanwhile, Democrats and many labor unions have also been largely supportive of the deal after they secured changes that make the USMCA one of the most progressive trade agreements ever negotiated by either party.

There really are big wins for labor unions as far as enforceable labor rules to keep jobs from going to Mexico and big pharma got screwed out of their bio-drug sweetheart deal, Nancy Pelosi and House Dems actually did secure some serious concessions.  But Trump wants to make sure the Dems get no credit for those, and given the obnoxious anti-free trade stance by the Democratic purity pony crew, it's probably best that nobody reminds them of USMCA anyway.

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