Business Standard

Saturday, December 21, 2024 | 08:23 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

US House passes North American trade deal; labour rules to get tougher

The House passed legislation to implement the US-Mexico Canada Agreement (USMCA) 385-41, with 38 Democrats, two Republicans and one independent member voting no

Senate Republican leader Mitch McConnell
Premium

It is unclear when Senate Republican leader Mitch McConnell will take up the deal

Bloomberg
The US House of Representatives approved a new North American trade deal on Thursday that includes tougher labour and automotive content rules but leaves $1.2 trillion in annual US-Mexico-Canada trade flows largely unchanged.
 
The House passed legislation to implement the US-Mexico Canada Agreement (USMCA) 385-41, with 38 Democrats, two Republicans and one independent member voting no.
 
The bipartisan vote contrasted sharply with Wednesday night’s Democrat-only vote to impeach US President Donald Trump.
 
The House vote sends the measure to the Senate, but it is unclear when Senate Republican leader Mitch McConnell will take it up. He has

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in