Today, Representative Steve Stivers (R-OH) joined 384 of his colleagues to pass the United States-Mexico-Canada Agreement (USMCA) and provide market access for American suppliers and support jobs across the country.
"The passage of the USMCA has been a long time coming, and finally, the House has taken steps to give hardworking Americans the tools they need to succeed in a global marketplace," Stivers said. "Already, Ohio's 15th District has seen the benefits of the USMCA, with Magna International announcing hundreds of new jobs in Lancaster because of the promise of this agreement. With today's vote, we can expect to see many more announcements like Magna's across the nation."
The USMCA takes steps to rebuild American manufacturing, investing $34 billion in new auto plants and is expected to create over 76,000 new American automotive sector jobs, like those at Magna International. It also allows American farmers and ranchers to compete on an even playing field, giving access to Canadian markets for products like dairy, wheat, chicken, eggs, and turkey.
The USMCA builds on the principles of NAFTA, strengthening pre-existing policies on goods like agricultural and manufacturing products, while introducing new policies on innovative products and services with agreements for the digital marketplace and data protection in order to respond to the 21st century reality businesses are encountering.
In 2017, trade between Ohio and Mexico surpassed $14.7 billion, and trade between Ohio and Canada topped $21 billion. Partnerships with these two countries support over 249,000 jobs, and the USMCA will allow for further expansion and benefit for Ohio's economy.