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Video instructions and help with filling out and completing Will Form 8815 Rt

Instructions and Help about Will Form 8815 Rt

Hello, and it looks like President Trump has reached a trade deal campaign promise. The U.S. late Sunday night reached a trade deal with Canada and Mexico, terminating NAFTA and replacing it with the U.S.-Mexico-Canada Agreement (USMCA). Sarah Montes Day Oka has the details. Sarah, that was quite a victory lap we heard over at the White House today. Scott, Trump called the new NAFTA the most advanced trade deal in the world, but so far other world leaders have been pretty quiet. NAFTA talks were down to the wire this weekend. Mexico was already committed, but Canada agreed to a new trade deal late Sunday night. This was just hours before the midnight deadline. The 24-year-old NAFTA will now be called the US-Mexico-Canada agreement. President Trump ran on a campaign promise to axe NAFTA and create a separate trade deal with the two countries. Prime Minister Trudeau took pride in the deal. It's an agreement that, when enacted, will be good for Canadian workers, good for Canadian business, and good for Canadian families. It also needed to be fair, which meant that it would have to preserve the fundamental principle of the original agreement, which is that when your trading partner is ten times your size, you need rules. Their plan is to sign the deal with Canada and Mexico before December 1st. This is when Mexico's current president, Enrique Pena Nieto, leaves office. Pena Nieto noted that this new trade is a win-win-win for all three countries. President Trump mentioned that President Pena Nieto and President-elect Andres Manuel Lopez Obrador worked together on this deal. And Lopez Obrador made a statement in Mexico City, saying that once the agreement is signed, they won't reopen the negotiation. Amid President Trump's trade war with China and the EU, Trump says...