Take Action Now: Trade Deal is Good for Iowa

Jun 21, 2019

The U.S., Canada, and Mexico signed a trade deal in November at the G20 summit in Argentina that would replace the 1993 original trade agreement known as NAFTA. Known as the United States-Mexico-Canada Agreement, or USMCA, it includes updates and changes for automobile makers, labor and environmental standards, intellectual property, and digital trade provisions. The agreement also opens new markets for U.S. farmers.

According to Business Roundtable, 130,000 Iowa jobs are supported by trade with Canada and Mexico. Iowa exports $6.6 billion alone to the two countries.

Former Iowa Gov. Vilsack to Congress: Ratify USMCA, help farmers
Recently, we hosted agriculture groups from around Iowa for a discussion with former Iowa Governor and former U.S. Agriculture Secretary Tom Vilsack on the importance to Iowa on this trade agreement continuing. Read more about the discussion.

Encouraging Recent Progress
The three countries must ratify the agreement, with Mexico becoming the first when the Mexican Senate approved it last week. The U.S. Congress hasn’t taken up the USMCA yet, but we’re encouraged by recent progress. U.S. House Speaker Pelosi appointed members of Congress to a working group dedicated to the USMCA.

The Economic Alliance continues to work with our coalition partners across the country to encourage congressional approval of the USMCA. Its approval will ensure U.S. manufacturers, farmers, and service providers can continue to access the Canadian and Mexican markets. Click here to read the full agreement.

It is imperative the agreement is approved this year in order to avoid the politics of the upcoming presidential election year. We urge all Economic Alliance members to contact Congress and ask them to approve the deal. A tool from the National Association of Manufacturers allows you to send an email to your members of Congress that urges them to support USMCA. It will take you less than 30 seconds!


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