President Trump joined Canadian Prime Minister Justin Trudeau and outgoing Mexican President Enrique Peña Nieto in Buenos Aires to sign the highly anticipated United States-Mexico-Canada-Agreement (USMCA) this morning. The wide-ranging agreement — which includes provisions for biologic drugs, intellectual property, agriculture, automotive, and labor — now must be ratified by the legislatures of each country. Congress is expected to consider the deal during the next Congress, leaving the long-term outlook of the agreement unclear due to the impending divided government.
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