New trade deal needs a fair vote

The American Press

<p class="indent">President Trump recently announced the completion of successful trade negotiations with our Northern American trading partners, Canada and Mexico.

<p class="indent">So far, the news has received a positive reception and hopefully will result in fair consideration and a bipartisan vote in Congress next year.

<p class="indent">The new agreement replaces the 24-year-old North American Free Trade Agreement, or NAFTA.

<p class="indent">The new deal is called the United States-Mexico-Canada Agreement, or USMCA. The agreement will go into effect in 2020 if it is approved by the legislatures of all three nations.

<p class="indent">The trade deal received an enthusiastic response from Wall Street and its counterparts in Canada and Mexico with stock surges.

<p class="indent">Here are some of the highlights of the deal that have been reported:

<p class="indent">• Canada and Mexico are prevented from making a trade agreement with Communist China without U.S. approval.

<p class="indent">• Dairy farmers see hope in overcoming discriminatory pricing by Canada over dairy powder exports.

<p class="indent">• A steel industry analyst said the deal was an encouraging sign for the American steel industry.

<p class="indent">• The trade deal tamps down concern over a trade war, since Trump showed a willingness to reach trade deals that are fair to all parties.

<p class="indent">• The trade deal will relieve the concerns of American farmers about disruptions in the movement of food products between the three countries.

<p class="indent">• More car and truck parts sold in the U.S., Canada and Mexico must be made by North American manufacturers.

<p class="indent">• There will be more data protection for biologic drugs and other products.

<p class="indent">• There are prohibitions in the deal to deter counties from artificially weakening the exchange rates in order to gain trade advantages with the three countries.

<p class="indent">The leaders of all three countries feel the USMCA is a good deal. So far, it sounds like the deal is receiving bipartisan support in the U.S. Congress.

<p class="indent">Hopefully the new agreement will receive a fair hearing and bipartisan vote so all three nations can benefit from a new era of fair international trade.

<hr />

This editorial was written by a member of the <em>American Press</em> Editorial Board. Its content reflects the collaborative opinion of the Board, whose members include executive editor <strong>Crystal Stevenson</strong>, <strong>John Guidroz</strong>, retired editor <strong>Jim Beam</strong> and retired staff writer <strong>Mike Jones</strong>.

Crime

10/27: Calcasieu Parish Sheriff announces arrest list

Local News

Vernon schools reverse mask mandate

Local Business News

Names in the News: People shaping the future of Lake Area business

Local Business News

Supply, equipment deliveries delay National clubhouse opening

Local Business News

Paul Arnold: Preventing collection problems

Local Business News

Mobile Workforce Center bringing computers, internet access to job seekers

Local News

Partnership allows for free mental health counseling

Local News

Governor ends mask mandate, except at some schools

Local News

Cold front to push through area Wednesday

Crime

Stolen handgun found during house fire investigation

Crime

10/26: Calcasieu Parish Sheriff announces arrest list

Crime

Man arrested a 21st time — this time for living in apartment complex’s attic

Local News

Leesville celebrates first female police chief

Local Business News

Community Foundation hires master planning firm

Local Business News

Port of LC seeks reimbursement for hurricane repairs

Local News

Jim Gazzolo column: Cowboys show they can be the bully

Local News

Liz Williams: Desire to help comes from ‘missional heart’

National News

Biden, Manchin and Schumer huddle, but still no budget deal

Local News

Photo Gallery: Trinity Baptist Dodgeball Tournament

Local News

Craig Marks: Past hardships just something God had me go through

Local News

SW La. school lunch menus Oct. 25-29

Crime

10/23: Calcasieu Parish Sheriff announces arrest list

Local News

Trinity Baptist drawing younger generation with dodgeball tournament

Jim Beam

Jim Beam column:Where do we go from here?