Nancy Pelosi to Meet with Trade Rep Lighthizer

House Speaker Nancy Pelosi will meet with President Donald Trump’s top trade negotiator Wednesday during a key stretch for the White House’s trade policy, a senior Democratic aide said.

Pelosi, joined by House Majority Leader Steny Hoyer, D-Md., House Majority Whip James Clyburn, D-S.C. and House Ways and Means Committee Chairman Richard Neal, D-Mass., will huddle with U.S. Trade Representative Robert Lighthizer in the afternoon. They will primarily address the president’s updates to the North American Free Trade Agreement but will likely discuss the widening trade war with China as well, according to the aide.

The meeting comes as Pelosi and top House Democrats show reservations about approving an updated version of the North American Free Trade Agreement, which Trump has dubbed the United States Mexico Canada Agreement. They have expressed concerns about whether the deal has sufficient environmental and labor protections. They have also worried about whether certain provisions could increase drug costs.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza