Opinion: The newly negotiated USMCA trade deal puts American interests first
The United States, Mexico, and Canada have entered into a new trade deal to replace the North American Free Trade agreement, NAFTA.
The new trade agreement, the United States-Mexico-Canada Agreement or the USMCA, does three important things among others:
1. It further opens up the Canadian dairy markets for American companies and products. That means that farmers in swing states like Wisconsin will be able to export more of their products to Canada.
2. It allows Canada and Mexico to avoid most of the potential U.S. tariffs on auto imports while requiring auto makers to use more U.S. parts and build greater portions of vehicles in North America.
3. The deal will be subject to review every 6 years, which gives the U.S. leverage to make sure that the deal stays fair.
Opponents of the new trade agreement argue that the negotiating process may have damaged relations with Canada, a long-time trading partner and one of our country’s largest export markets.
I absolutely disagree. This notion comes from the same Democrats and members of the media who would refuse to acknowledge any achievement by President Trump, even if he singlehandedly cured cancer.
Here’s the bottom line: the president did something that many said could not be done. He turned NAFTA, an archaic trade deal that was bad for our economy, into a new one that puts American interests first.
Hopefully, congress signs off on this deal quickly, and Democrats do not allow for their nonsensical hatred of the president to supersede the great potential benefits for American workers and farmers.
EDITOR'S NOTE: Boris Epshteyn formerly served as a Senior Advisor to the Trump Campaign and served in the White House as Special Assistant to The President and Assistant Communications Director for Surrogate Operations