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