Vice President Mike Pence touted the tentative North American trade agreement, called USMCA, in a speech to auto industry officials in Michigan Wednesday. The new trade pact, signed by the countries but awaiting approval by their legislatures, is designed to encourage factories to move back to the U.S.

It would give the U.S. economy a modest boost, according to an independent federal agency.

Pence also traveled to the Wolverine State to raise money for President Donald's Trump re-election campaign.