The San Diego Regional Chamber of Commerce urged Congress to approve the bipartisan deal announced Tuesday on the renegotiated North American free trade agreement.
Democratic leaders in the House of Representatives and the Trump administration reached an agreement to move forward with the White House’s U.S.-Mexico-Canada Agreement after a number of key changes.
“Today marks a significant step towards realizing the full passage and implementation of the USMCA,” said chamber President and CEO Jerry Sanders. “As a border region with intertwined economies built on nearly a quarter century of successful free trade, we recognize that ratification of USMCA is vital to strengthening economic prosperity, growing jobs, and supporting communities on both sides of the border.
“We urge our Congressional leaders to vote in support of this agreement and support our region’s successful future,” he added.
America’s economy has been hindered by the Democrats’ desire to impeach a president rather than pass a trade agreement. USMCA is good for our country and good for San Diego County, which is getting a better deal under USMCA than we did under NAFTA.
— Darrell Issa (@DarrellIssa) December 10, 2019
The new agreement updates the North American Free Trade Agreement, which took effect in 1994 and President Trump once threatened to unilaterally end.
U.S. farmers will receive better access to the Canadian dairy market, new rules on auto parts will favor American production, and intellectual property rules were modernized.