Six Reasons to Extend and Strengthen USMCA

Photo: Sonnesyn moderates a panel discussion between Jason Grumet, CEO of the American Clean Power Association; Marsden Hanna, Global Head of Sustainability and Climate Policy at Google; and Sasha Mackler, Senior Vice President and Global Head of Strategic Policy at ExxonMobil.

Photo: Sonnesyn moderates a panel discussion between Jason Grumet, CEO of the American Clean Power Association; Marsden Hanna, Head of Energy and Sustainability Policy at Google; and Sasha Mackler, Senior Vice President and Global Head of Strategic Policy at ExxonMobil.

Tomorrow marks the sixth anniversary of the United States-Mexico-Canada Agreement’s (USMCA) entry into force. Signed by President Trump after passing Congress with overwhelming bipartisan support (385 votes in the House and 89 in the Senate), USMCA secured enforceable commitments from Canada and Mexico that protect American jobs, strengthen domestic manufacturing and grow the U.S. economy. With the agreement now up for review, it’s time to lock in these benefits for America.

Here are six reasons to extend and strengthen USMCA:

1. Jobs and Economic Growth

U.S. trade with Canada and Mexico supports more than 13 million American jobs, including in every state and congressional district. All three economies have grown since USMCA entered into force, but the United States has grown the most.

2. Reliable Supply Chains

USMCA set clearer rules for trade, helping goods move more predictably and ensuring American families have reliable access to groceries and other household essentials.

3. Food Security

USMCA opened key markets for American farmers and ranchers while securing essential supply chains at home.

4. Energy Security

USMCA strengthened access to reliable North American energy, reducing U.S. reliance on volatile global markets.

5. Investment in the U.S.

Canada and Mexico have invested hundreds of billions of dollars in the United States — significantly more than before USMCA.

6. Manufacturing Competitiveness

USMCA strengthened North America’s ability to compete globally by fostering deeper integration across manufacturing, technology and other key industries — with U.S. manufacturing exports to Mexico and Canada surging to more than our next 12 trading partners combined.

To learn more about how trade with Canada and Mexico boosts every state’s economy, click below:

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