Senate passes USMCA trade deal

The Senate on Thursday approved the U.S.-Mexico-Canada Agreement trade deal, passing the bill on for final signature by President Trump, reports NBC News.

The USMCA replaces the North American Free Trade Agreement, the trade pact the three nations have adhered to since 1994. The new deal was passed in an 89-10 vote. Trump, who has pushed for the USMCA, is expected to sign the deal, leaving only Canada to approve the agreement before it takes effect.

The House overwhelmingly passed the deal last month after Democrats secured changes to labor enforcement provisions, reports CNBC. Trump's signature trade deal has been in the works for more than a year, and seeks to update NAFTA policies that lawmakers say pushed jobs out of the U.S. Read more at CNBC.

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