Washington, DC — Congressman Jim Renacci (R-OH) released the following statement regarding the announcement that a new trilateral agreement had been reached by the United States, Mexico, and Canada, to replace NAFTA:
“Last night’s announcement is welcomed news for Ohio workers and Ohio job creators. The President upheld his promise to reach a new, better, and fairer trade agreement with Canada and Mexico.
The new United States-Mexico-Canada Agreement (USMCA) will better protect American farmers, workers, and manufacturers from unfair and non-reciprocal trade practices. Additionally, provisions included will help protect the intellectual property of American companies that is vital in our ability to remain an innovative nation. Of particular importance to Ohio is Canada’s elimination of market-distorting activities that put our dairy farmers at a competitive disadvantage for too many years.
I look forward to reading the full text of the agreement and discussing its impact with Ohio workers, companies, and families.”