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Why America’s small businesses and entrepreneurs win under USMCA

Why America’s small businesses and entrepreneurs win under USMCA

JOB CREATION, USMCA

BY KAREN KERRIGAN, JANUARY 22 2019, FOX BUSINESS

The United States-Mexico-Canada Agreement (USMCA) was signed by President Trump and his fellow leaders at the G20 in Argentina. The accord modernizes the decades-old NAFTA and is chock full of meaningful provisions that will help American small businesses boost exports and safeguard their intellectual property (IP). Congress needs to approve USMCA as soon as possible.

Small businesses drive the U.S. economy, and they certainly dominate trade with Mexico and Canada. Thirty million small businesses employ more than 58 million American workers. They also account for roughly half of U.S. GDP. Many small businesses are looking to expand into global markets, and agreements like the USMCA will lower costs and provide more certainty and opportunity. See more

Lawmakers, Including Senator Roy Blunt, Push For USMCA Passage

Lawmakers, Including Senator Roy Blunt, Push For USMCA Passage

USMCA

MARCH 15 2019, AGDAY TV.

China isn’t the only trade issue Washington D.C. is working on.

At some point this year, Congress is expected to vote on the USMCA agreement between the United States, Mexico and Canada. The agreement still needs an up or down vote from both chambers of Congress.

“In terms of votes within the caucus, I can’t tell you,” said House Ag. Committee Chairman, Collin Peterson (D-Minnesota). “All I can tell you is I’m for it and I’m doing what I can to help get it passed.” See more

Farmers need USMCA for a successful trading relationship

Farmers need USMCA for a successful trading relationship

USMCA

BY LYNN CHRISP, MARCH 15 2019, THE HILL

America’s corn farmers are bracing for another year of uncertainty. Farmers in the South have already started planting, while others are anxiously awaiting a spring thaw to get into the field. They’re making decisions that will create a ripple effect for their families, communities and the U.S. economy amid depressed farm incomes and market instability.

Reaffirming U.S. trading relationships with our North American partners is an important step toward stabilizing a struggling farm economy and the No. 1 legislative priority for corn farmers this year. See more

White House, corporate America flood Congress in USMCA push

White House, corporate America flood Congress in USMCA push

CONGRESS, USMCA

BY JOE WILLIAMS, PUBLISHED MARCH 21, 2019, FOX BUSINESS

Wall Street attention is fixated on what appears to be the final stages of U.S.-China trade talks, but for many American companies the ongoing negotiations are second to another priority: Getting Congress to approve the new trade agreement between the U.S., Mexico and Canada.

Known as the USMCA, the White House and top business groups have launched an all-out assault on Congress to try to assuage concerns from lawmakers over the deal’s enforcement mechanisms and pharmaceutical protections, as well as educate new members on the intricate details of the update to the North American Free Trade Agreement. See more

World Trade Center Buffalo Niagara pushing for USMCA

World Trade Center Buffalo Niagara pushing for USMCA

USMCA

Buffalo Business First| Allissa Kline
 

World Trade Center Buffalo Niagara has joined a nationwide coalition of companies and associations urging lawmakers to ratify the United States-Mexico-Canada Trade Agreement.

The international trade organization is now part of the USMCA Coalition. Launched in late February, the coalition is comprised of 300-plus entities ranging from the U.S. Chamber of Commerce to the American Farm Bureau Federation to Google.

WTCBN President Craig Turner said it’s critical for the organization to show support for the USMCA, given WTCBN’s mission to represent businesses on both sides of the border. 

USMCA: Who are the winners and losers of the ‘new NAFTA’?

USMCA: Who are the winners and losers of the ‘new NAFTA’?

USMCA

By Heather Long

The United States, Canada and Mexico finalized a sweeping new trade deal late Sunday, just hours before their Oct. 1 deadline. President Trump was up early Monday tweeting that the agreement is “a great deal for all three countries,” and Prime Minister Justin Trudeau said Sunday night that it was a “good day for Canada.”

The deal is expected to take effect around Jan. 1, 2020. Congress has to approve it, a process that will take months, but confirmation looks likely, given that Republicans are pleased Canada got on board and some Democrats are pleased with the stronger labor provisions.

Here’s a look at who’s smiling — and who’s not — as the world sees this news. (For a rundown of what’s in the deal, click here).