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Trump retrieves new trade pact with Mexico, Canada

President Donald Trump joined Canada and Mexico at a global meeting in Argentina on Friday to sign a revised North…

President Donald Trump joined Canada and Mexico at a global meeting in Argentina on Friday to sign a revised North American trade pact which he called “groundbreaking” and an advantage for “working people.”

The Mexico-Canada Agreement is intended to replace the 24-year North American Free Trade Agreement, which Trump has long denied as a “disaster”.

He performed with the Canadian Prime Minister Justin Trudeau and the outgoing Mexican president Enrique Pena Nieto at the 20 Nations Summit Summit in Buenos Aires for the formal signing ceremony. Each country’s legislature must also approve the agreement.

“It has been long and difficult. We have taken a lot of shots and a little addiction, but we got there,” said Trump about the covenant.

Legislative approval is the next step in the process, but may prove to be a difficult task in the US, especially now that the Democrats &#821

1; instead of Trump’s Republicans – will check the House of Representatives in January. Already Democrats and their allies in the labor movement require demanding changes in the agreement.

While Trump celebrated the revised trade pact, Trudeau was more perceived and said there was still work to be done and called on Trump – with its first name – to remove steel and aluminum tariffs introduced by the United States for Canada and Mexico. Trudeau also referred to the latest cuts of General Motors in North America as a “heavy hit”. Trump did not mention the loss of work.

The signature came to the forefront of two days of hard diplomacy for Trump. On top of his agenda is a Saturday meeting with Chinese President Xi Jinping. which will determine whether the two can ease escalating trade tensions. Before Trump arrived in Argentina, he injected further drama into the procedure by interrupting another high meeting with Russian President Vladimir Putin.

On Friday, Trump opened the day with a cordial meeting at Casa Rosada with Argentine President Mauricio Macri, a long-standing business artist. Trump talked about pictures in the gilded Salón Blanco and talked about their long personal relationship and said they would discuss trade, military purchases and other issues.

“We have known for a long time,” said Trump and noted that he worked with Macris father on property development. The businessman-turned politician joked that when he and Macri met first they had never imagined their future roles at the world stage.

Macri is hosting the summit when he is struggling with problems at home. He tries to stop the economic turmoil that has caused the steep depreciation of the Argentine peso.

Trump, who arrived at Buenos Aires at the end of Thursday, fell in the two-day meeting by announcing via Twitter that he canceled a planned meeting with Putin over Russia’s attacks by Ukrainian ships. His agenda for the weekend includes meetings with world leaders, as well as a number of highly choreographed group activities to gather leaders for rich and developing countries.

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