Chamber Recognizes USMCA’s Benefits on Its First Anniversary

Thursday, July 1, 2021 - 9:00am

WASHINGTON, D.C. - U.S. Chamber Executive Vice President and Head of International Affairs Myron Brilliant issued the following statement on the occasion of the first anniversary of the entry-into-force of the United States-Mexico-Canada Agreement (USMCA):

“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.”