Washington, D.C. (June 29, 2020)–On Wednesday, the USMCA takes effect, making NAFTA obsolete and providing new opportunities for U.S. small businesses, workers, and farmers. Alfredo Ortiz, president and CEO of the Job Creators Network, released the following statement:
Thanks to the Trump administration’s efforts, U.S. small businesses will have more opportunities beginning Wednesday with the USMCA taking effect. The USMCA sets a stronger foundation for cross border trade and continues to reorient the global manufacturing system in favor of the U.S. The USMCA is the first trade agreement to specifically prioritize the needs of small businesses, cutting through bureaucratic red tape and dated restrictions. Farmers and workers are also big winners from the USMCA, which makes it easier to export agricultural goods and modernizes labor regulations. The provisions in the USMCA will prove invaluable in helping the economy and labor force recover from the current pandemic-induced recession.