President Trump, Canadian Prime Minister Trudeau and Mexican President Peña Nieto signed the U.S.-Mexico-Canada Agreement (USMCA) earlier this morning in Buenos Aires. This agreement is a replacement for NAFTA and is a major win for American businesses. The President and CEO of the National Association of Manufacturers, Jay Timmons, released this statement on the deal:
“The signing of the USMCA is a landmark milestone for American manufacturing workers. Manufacturers called for a trilateral agreement, and this moves us one step closer to restoring certainty to the North American market, the biggest market for U.S. exports in the world. By securing the relationship with our North American allies, we are also better positioned to demonstrate a strong and united front against China’s unfair trade practices and end the harm they inflict on manufacturers in America.”
“Manufacturers need certainty now, not later. With 2 million American jobs dependent on exports to Canada and Mexico, Congress should move expeditiously to review the USMCA before the end of this year. We look forward to working with the administration and Congress to ensure the USMCA is implemented and enforced in a way that empowers manufacturers in America to continue investing in our people and our communities.”
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