Pass USMCA Coalition drops stance on passing USMCA; Pelosi 'we ate their lunch'

A business-backed trade group established to back President Trump’s United States-Mexico-Canada Agreement (USMCA) has backed off from taking a position on the treaty following compromises made by the White House in its negotiations with House Democrats. The group, called the Pass USMCA Coalition, objected to changes in the North American trade treaty related to pharmaceuticals, a major concession point sought by Democrats. “As originally written, USMCA was a win for American workers, businesses, and innovators -- and could have been a model for future agreements,” the group wrote in a statement reacting to the updated deal, which was announced Tuesday. “The unnecessary decision to strip certain intellectual property protections is particularly concerning, as it puts American scientists and creators at a serious disadvantage abroad,” it added...following the release of the compromise deal, which earned the support of the AFL-CIO labor union, the group has backed off the pro-USMCA position in its name. Although the updated treaty is expected to pass with broad bipartisan support, some in the GOP have expressed consternation that the White House had allowed the deal to drift too far to the left. Sen. Pat Toomey (R-Pa.) said the deal was worse than the current trade pact with Canada and Mexico, the North American Free Trade Agreement. Speaker Nancy Pelosi (D-Calif.), on the other hand, told her caucus earlier in the week that “we stayed on this and we ate their lunch.”...MORE