MEMA congratulates Speaker Nancy Pelosi, USTR Robert Lighthizer, and their teams for successfully completing the hard to work required to reach this important deal to finalize the United States-Mexico-Canada Agreement (USMCA). The agreement announced today opens the door to passage of the USMCA, which will help ensure that U.S. businesses stay competitive in the global marketplace.
While we still need to learn more about the details of the plan, we like what we hear so far. Absent any concerns with the actual language, MEMA calls for a quick consideration of the USMCA and a positive vote in 2019. It can be done.
The USMCA will provide economic certainty and opportunity for manufacturing growth in the United States and throughout the region. This economic certainty is essential to preserve and enhance vital North American supply chains for the U.S. automotive sector. That, in turn, will allow U.S. suppliers to be competitive in the global mobility marketplace. A new North American Trade deal for the 21st Century is essential to U.S. economic success now and in the future.