Pelosi: Deal on new NAFTA 'imminent'

Pelosi: Deal on new NAFTA 'imminent'
© Greg Nash

House Speaker Nancy PelosiNancy PelosiPence: It's not a "foregone conclusion" that lawmakers impeach Trump Democrats open door to repealing ObamaCare tax in spending talks Sunday talk shows: Lawmakers gear up ahead of Monday's House Judiciary hearing MORE (D-Calif.) on Thursday said that a deal to update the North American Free Trade Agreement (NAFTA) was “imminent.”

“I do believe that if we can get this to the place it needs to be, which is imminent, that this can be a template for future trade agreements, a good template,” she said at her weekly press conference.

House Democrats have been involved in intense negotiations with the Trump administration over provisions of the new trade deal, called the U.S.-Mexico-Canada Agreement (USMCA).

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Democrats have sought stronger enforcement provisions, particularly in regard to labor, environmental and pharmaceutical issues.

Pelosi met Thursday afternoon with the top Democrats negotiating the deal, and is scheduled to speak with U.S. Trade Representative Robert LighthizerRobert (Bob) Emmet LighthizerPelosi casts doubt on USMCA deal in 2019 Pelosi sounds hopeful on new NAFTA deal despite tensions with White House On The Money: Economy adds 164K jobs in July | Trump signs two-year budget deal, but border showdown looms | US, EU strike deal on beef exports MORE later.

Rep. Richard NealRichard Edmund NealOvernight Health Care: House to vote next week on drug prices bill | Conway says Trump trying to find 'balance' on youth vaping | US spent trillion on hospitals in 2018 Democrats could introduce articles of impeachment next week House to vote next week on sweeping bill to lower drug prices MORE (D-Mass.), the head of the Ways and Means Committee that oversees trade, said he did not expect an announcement Thursday, but indicated that talks were nearing completion.

“There’s still a few issues that we’re trying to zero in on,” he said, adding that the support of the AFL-CIO and other labor groups would be necessary to clinch the deal.

That support, he said, was in reach.

A deal, which Neal said he hoped would pass before New Year's, would be a key victory for President TrumpDonald John TrumpPence: It's not a "foregone conclusion" that lawmakers impeach Trump FBI identifies Pensacola shooter as Saudi Royal Saudi Air Force second lieutenant Trump calls Warren 'Pocahontas,' knocks wealth tax MORE, who made replacing NAFTA a central part of his 2016 campaign. It would also be a victory for Democrats, who could claim a new model of labor-friendly trade deals.

Pelosi said she would like to see the deal pass by year's end.

"I'd like to see us get it done this year. That would be my goal," she said.

The deal would come as the House is expected to wrap up an impeachment inquiry into Trump and potentially vote on articles of impeachment. Passage could offer Democrats a rebuttal against Republicans, who have accused them of prioritizing impeachment above legislation.