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News & Insights

NFTC Statement on Entry into Force of USMCA

July 1, 2020


Washington D.C. – National Foreign Trade Council (NFTC) President Rufus Yerxa today issued the following statement marking the date of entry into force of USMCA:

“We are hopeful that today will mark the end of a long three years of uncertainty for countless U.S. businesses who rely on the North American platform to remain productive, innovative and competitive in the global economy – especially as we face the post-pandemic economic recovery. However, much will depend on how the agreement is implemented over the coming months.

“We are glad to see that North American integration remains a fundamental part of U.S. trade policy and we look forward to working with Congress and the administration to ensure a smooth transition from NAFTA to USMCA for our country’s businesses and consumers.”

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About the NFTC
Serving America’s Global Businesses Since 1914– The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules- based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves its member companies through its office in Washington D.C.
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