WASHINGTON, D.C. – House Ways and Means Trade Subcommittee Chairman Dave Reichert (R-WA) announced today that the Subcommittee will hold a hearing entitled “Modernization of the North American Free Trade Agreement.” The hearing will analyze whether NAFTA has been successful for the U.S. economy and job creation, with a focus on the U.S. manufacturing, agriculture, and services sectors. Members will also discuss how NAFTA can be modernized and updated to better address issues affecting U.S. workers, businesses, and consumers in today’s economy. The hearing will take place on Tuesday, July 18, in room 1100 Longworth House Office Building at 10:00 AM.
Upon announcing the hearing, Chairman Reichert said:
“NAFTA has been remarkably successful for American workers, businesses, farmers, and consumers, but the world has changed so much since it was negotiated in 1993. We have an opportunity now to improve and update NAFTA to make it a stronger agreement that opens markets for U.S. goods and services and holds other countries accountable with strict and enforceable rules.
“I look forward to discussing the ways in which NAFTA is working, as well as how it can be strengthened and improved. Our trade agreements, when done right and strictly enforced, level the playing field for American producers to export our goods and services to consumers all around the world. This hearing provides an opportunity for American agricultural producers, manufacturers, and services providers to share their views on how we can modernize NAFTA to create more jobs and opportunities for all Americans.”