One-Year Later: What They’re Saying About USMCA
The United States-Mexico-Canada Agreement (USMCA) is a win for American workers and Main Street businesses.
USMCA leveled the playing field for American workers, brought back good-paying jobs to America, and increased paychecks for our workers – all which is vital for our economic recovery coming out of the pandemic.
Here’s what job creators are saying about USMCA on its first anniversary of coming into force:
American Farm Bureau Federation:
“Farm Bureau remains very supportive of the U.S.-Mexico-Canada Agreement and the structure it provides for continuous improvement in agricultural trade in North America. U.S. farmers and ranchers know that sustained growth in trade is a mainstay of a strong agricultural economy, and we look forward to seeing the relationship between our top trading partners continue to flourish,” said Zippy Duvall, American Farm Bureau Federation President.
National Association of Manufacturers:
“The National Association of Manufacturers celebrates the one year anniversary of the passage of United States-Mexico-Canada Agreement, which secures the jobs of more than 2 million American manufacturing workers and ensures North American supply chain continuity and certainty. As we look ahead, it will be critical that Mexico and Canada fully enforce their USMCA obligations, which will help American workers and enhance the competitiveness of manufacturing in the United States,” said Ken Monahan, National Association of Manufacturers Vice President, International Economic Affairs.
“We urge all three governments to meet all their commitments, leverage the new innovative rules and work through the USMCA committees to accelerate the economic recovery, strengthen supply chain resilience and advance a forward-looking competitiveness agenda for North America,” said Joshua Bolten, Business Roundtable President and CEO.
“Over the past year, the partnership between the United States, Canada and Mexico has been critical in meeting challenges of the pandemic, keeping supply chains going and supporting the U.S. economy and jobs. With USMCA in place, we have a foundation to further strengthen our North American partnership,” said Lance Fritz, Business Roundtable Trade and International Committee Chair, Chairman, President and Chief Executive Officer of Union Pacific.
U.S. Chamber of Commerce:
“On its first anniversary, USMCA is delivering substantial benefits to the U.S. business and agriculture communities. Thanks in large part to the free trade guarantees provided by this new agreement, trade with Canada and Mexico today supports more than 10 million jobs across all 50 states. In particular, we have seen real gains from USMCA’s updated rules on digital trade and non-tariff barriers.
“Looking ahead, it will be critical that the administration prioritizes enforcement, which on a number of business issues merits closer attention today. Nonetheless, this anniversary is a good moment to celebrate the ways that USMCA has restored certainty in the North American trading relationship and guarantees a level playing field for American workers, farmers, and companies. Indeed, today more than ever, the U.S. needs more market-opening, growth-supporting trade agreements to help U.S. businesses compete in global markets and support middle class jobs at home,” said Myron Brilliant, U.S. Chamber Executive Vice President and Head of International Affairs.
Coalition of Services Industries:
“The landmark USMCA modernized NAFTA to reflect the massive changes in the global services landscape. The cross-border services, financial services, telecommunications, and digital trade chapters reflect the rapid digitization of the global economy in which U.S. services and digital firms maintain a competitive advantage,” said Christine Bliss, President of Coalition of Services Industries.
Information Technology Industry Council:
“USMCA represents a significant step forward for U.S. leadership in innovation and digital trade and sets a global precedent for modern, rules-based trade. Its first-of-a-kind, cutting-edge digital trade provisions recognize the reality of the 21st century economy and provide certainty and predictability to businesses across all sectors operating in North America. Importantly, the pact has boosted U.S. competitiveness globally while preserving and strengthening the United States’ economic relationship with Canada and Mexico—two of its largest trading partners,” said Jason Oxman, President and CEO of ITI.