Retailers Urge Congress to Approve USMCA
The National Retail Federation today urged Congress to take action after its annual August recess to approve the U.S.-Mexico-Canada Agreement, which would modernize trade between the three countries and replace the landmark North American Free Trade Agreement.
“This agreement provides significant updates to the North American Free Trade Agreement, which has benefitted U.S. retailers, workers and consumers for the past two decades,” NRF Senior Vice President for Government Relations David French said in a letter sent to Congress. “Ratifying USMCA is key to ensuring continued growth in the North American market.”
Since NAFTA took effect 25 years ago, e-commerce has changed how businesses operate and how consumers purchase goods, but the agreement still lacks provisions relating to...
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