USMCA officials meet in Yuma

Representatives from the U.S., Canada, and Mexico were in Yuma to talk about the impacts the President Trump’s new USMCA deal will bring for Arizona.

The United States-Mexico-Canada Agreement (USMCA) is the successor trade pact to the North American Free Trade Agreement (NAFTA). Arizona’s economy expanded under NAFTA, and it’s positioned to do even better under the USMCA.

Arizona’s relationship with Mexico and Canada is vital since it is the state’s top two export markets.

On average, between 2015-2017, Arizona exported $10.5 billion annually to these two critical markets.

Additionally, more than 228,000 Arizona jobs are dependent on the annual trade and investment relationship with our neighbors to the north and south.

The USMCA modernizes NAFTA in a way that positions Arizona for even more robust economic growth.

Thanks to improvements in areas like rules of origin, expanded agricultural sector access, and enhanced protections for intellectual property, the USMCA builds on Arizona’s already highly competitive business environment, one of the nation’s best for job growth.

The USMCA not only updates the existing trade framework for tomorrow’s economy but is also central to Arizona’s future competitive standing in North America and beyond.

Officials will bring what was discussed to congressional delegates where they will work to ratify this deal.