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>.

Local News

Andrew Gallien: Called to share the ‘love and knowledge of God’

Local News

SW La. students named to Northwestern State president’s list

Local News

Jeff Davis scales back on Elton Elementary renovations

Business

SW La. has been fostering budding entrepreneurs for decade

Local News

Calcasieu Police Jury votes on zoning requests

Crime

Deputies searching for driver in Moss Bluff hit-and-run

Local News

United Way of SW La. sheltering community members in area hotels

Crime

1/21: Calcasieu Parish Sheriff announces arrest list

Crime

Sulphur man accused of stealing $367,000 from nonprofit

Local News

Cassidy touts SW La. benefits of infrastructure bill

Local News

Hurst-Trahan: Job lets her focus on her passion – helping people

Local News

Jeff Davis School Board declares critical shortage for several positions

Local News

Below-freezing temperatures expected throughout weekend

Local News

Learn to Drive the Bus class scheduled for next week

Local News

Jeff Davis school campuses closed Friday

Local News

Tire fire at shuttered facility leads to prison evacuation

Local News

Redistricting plan would cost Jeff Davis minority district

Local News

Fiery crash leaves two dead in Sulphur

Local News

SW La. nightlife calendar: There’s always something to do

Local News

Tanika Randle: Bringing technology to life for her students

Jim Beam

Jim Beam column:Expect dissension at session

Business

Port of LC director to House subcommittee: More disaster relief needed

life

Dougherty Davis celebrating her 100th birthday today

Local News

Area braces for blast of cold