Minute. Mr. Hoyer this vote today, madam speaker, is a reminder was even while the house working on a serious matter regarding the president s abuses of ity for office, we are still working hard to deliver on our promises the American People to focus on economic opportunity. Nd in this instance, we are working together. The usmca agreement before us is vast improvement over the first version shown to us by team. Ent trump and his we worked together. That now includes critically mportant changes offered by democratic members in order to ensure that its enforcement stronger, that a protects American Workers, and that it protects American Workers and Lowers Health costs prescription costs. This will remove the uncertainty created by the tariff policies pursued by the president. I am glad that our House Democratic working group was new provisions to ensure that americas trading uphold the rights of orkers to unionize and bargain collectively. I am glad this agreement includes strong, Rapid
Boise, potato ships . No, computer chips welcome to squawk alley. I am jon fortt with me at post nine, Morgan Brennan and david faber. Carl quintanilla hat morning off. Another busy morning in washington the house of representatives has another big vote on the trade front, expecting to pass usmca, the replacement for nafta, on the heels of approving two articles of impeachment against President Trump last night Kayla Tausche joins us with more reporter the vote will be a stark contrast to the Party Line Vote on impeachment. On the house floor on capitol hill, two hours of debate is beginning that will tee up a vote that white house officials expect to be a landslide bipartisan vote, thanks largely because of provisions folded in to win over House Democrats by Bob Lighthizer last hour on cnbc, the treasury secretary said it should be seen as a win for the economy, not a win for House Speaker nancy pelosi were going to get in excess of 50 basis points of additional growth in gdp as a res
Economies . E two largest President Trump removed the threat of new tariffs supposed to go into effect suny. And he rolled back some others as well. But not all of them. M beijine promising to purchase american agriculturalg s. Its an event investors have been waiting for. While sedcks ral sharply yesterday on reports of agreement today they moved only slightly higher but enough forra relose on the nasdaq. The Dow Jones Industrial average added three points to 28135. The nasdaq was up 1 and the s p 500 was up just slightly. Both countries spoke about the phase one deal today. One offering up more details than the othe we have two reports tonight. Eunice yuan in beijing butbe at the at the white house. E after nearly three years of northbounding President Trump today hailing the first phase of a china trade deal as phenomenal. Iaaffectionately the farmers have going to have to buy larger tractors because it means a lot of business, a tremendous amount of business. The u. S. Says chio ha
Countries, canada and mexico, are our number one and number three markets for agricultural exports. Problems withn our exports imposed by the countries, particularly canada, has been very restrictive of our wheat and dairy. That is one thing. The more important thing, in some ways, are the new rules of origin, which will guarantee many more automotive jobs coming back to the u. S. That had been sent overseas by the poorly drafted rules of our origin in the original nafta. 75,000eve there will be new jobs created in automotive, a total of at least 175,000 in all sectors of the economy. Give us a secretary, sense as best you understand it, once usmca goes into effect, will there be more trade or less . Pat toomey has said that we think this will actually be trade restrictive. What do you think . Wilbur i think he is simply wrong. I dont think he understands the details of the agreement. I think he is simply wrong. David so youd expect there to be more trade as a practical matter. Is ther
Prohibited by the u. S. House of representatives. ] will be er the house in order. The prayer will be offered by our chaplain, father conroy. Pray. In conroy let us god of the ages, we give you hanks for giving us another day. We continue to ask you to be peoples re in the house. Olitical energy is high, yet, we ask that you bless the members with wisdom and as they continue toward the end of the first session. Work to be completed result in blessings for our the funding of the government for the next year. Send a healing pirit upon this assembly, upon our nation. Much harsh language and have been heard in the chamber. Ambassadors of peace and reconciliation so that hope inicans might have a united future. May all that is done be for your honor and glory. Amen. Speaker pursuant to Section House resolution 758, the days of the last proceedings is approved. The pledge of allegiance will be ed by the gentlewoman from california, mrs. Torres. Mrs. Torres please join after me. I pledge alle