Last Wednesday, the House of Representatives voted to send impeachment articles against Donald Trump to the Senate. Yet the week was still a win for the president. Both of his trade deals got a green light: the United States Mexico Canada Agreement (USMCA, or NAFTA 2.0) sailed through the Senate, and the first phase of a broader trade agreement was formalized with China.

Republicans and Democrats, including progressives like Massachusetts senator Elizabeth Warren, lauded the USMCA. The deal institutes tougher labor laws in Mexico, eliminates the much-maligned investor-state dispute machinery, and increases the North American content requirement for motor vehicles.

The Phase 1 agreement with China, while less popular than the USMCA, is seen as a welcome pause in the escalating trade war between the world’s two most powerful economies. The deal commits China to purchasing an additional $200 billion in US exports over the next two years and includes promises from Beijing that it will stop forcing US companies to share trade secrets and refrain from competitively devaluing its currency.