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Trump celebrates new trade deal, called USMCA

2018-10-01 19:35
U.S. President Donald Trump is boasting about his latest revamped trade agreement with America's two neighbors - a pact he's calling USMCA - for the United States, Mexico and Canada. The deal has a "good ring to it," he said, repeating U-S-M-C-A several times. The agreement reached Sunday gives U.S. farmers greater access to the Canadian dairy market. But it keeps the former North American Free Trade Agreement dispute-resolution process that the U.S. wanted to jettison. It offers Canada protection if Trump goes ahead with plans to impose tariffs on cars, trucks and auto parts imported into the United States. Trump told reporters in the Rose Garden on Monday that the pact is the "most important deal we've ever made by far."