Hurd Voices Optimism as USMCA Goes Into Effect
I released the following statement today as the landmark United States-Mexico-Canada Agreement enters into full implementation:
America’s economy will only grow stronger now that USMCA goes into effect this week. This trade deal will help Texas farmers, small businesses and manufacturers. The promise of increased free trade in our region will help us today, tomorrow and far into the future.
This deal will also strengthen North American competitiveness, which will help the U.S. and our allies as we compete globally with China and other world powers.
Even with the COVID-19 pandemic continuing to affect economies everywhere, our economy can and will recover, and USMCA will help us come out even stronger.
As the representative of more of the U.S.-Mexico border than any other member of Congress, Hurd has been a tireless advocate for free trade with Mexico and Canada throughout his time in Congress and served as a member of the Republican Whip Team to ensure support for the landmark trade deal in the House.
Among other benefits, it’s estimated the USMCA will provide:
- Investments of over $68 billion in new economic activity;
- 176,000 new jobs in America;
- Investments of $34 billion in new auto plants; and,
- 76,000 new American automotive sector jobs.