Business Roundtable Statement on Fifth Round of NAFTA Negotiations

November 17, 2017

Washington, D.C. – As negotiations on the North American Free Trade Agreement (NAFTA) are underway, Business Roundtable today released the following statement: 

“Withdrawing from or weakening NAFTA would harm businesses and communities across the country, threaten many of the 12 million jobs supported by trade with Canada and Mexico, and hand over export opportunities to our foreign competitors,” said Tom Linebarger, Chairman and CEO of Cummins Inc. and Chair of the Business Roundtable International Engagement Committee. “During a time in which one out of every three goods exported from the U.S. is destined for Canada and Mexico, we believe the Administration should focus more on proposals that would expand U.S. economic opportunities with our NAFTA partners, rather than on proposals that would restrict such opportunities. Doing so – along with tax and regulatory reform – ensures U.S. businesses can continue to create American jobs, remain globally competitive and promote U.S. economic growth."