Monday, June 12, 2017 - 4:30pm
The U.S. Chamber of Commerce appreciates the opportunity to present the following comments to the Office of the U.S. Trade Representative and the Trade Policy Staff Committee on objectives for the forthcoming negotiations with Canada and Mexico regarding modernization of the North American Free Trade Agreement (NAFTA). The Chamber supports this effort to modernize the NAFTA, taking into account technological, economic, and other changes in the U.S., North American, and global economies in recent years.
As background, approximately 14 million American jobs depend on trade with Canada and Mexico. The daily volume of trade between the United States and our two North American neighbors tops $3.5 billion. Much of this commerce depends on the NAFTA in ways that are not widely appreciated, and the forthcoming negotiations with Canada and Mexico should be conducted in a manner that does not put these millions of American jobs at risk. This goal is eminently achievable. (For more on the NAFTA’s record, please see The Facts on NAFTA.1)
The full comments are available here.