[Congressional Record Volume 165, Number 182 (Thursday, November 14, 2019)]
[House]
[Page H8829]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
NAFTA ANNIVERSARY AND USMCA
The SPEAKER pro tempore. The Chair recognizes the gentleman from
Pennsylvania (Mr. Thompson) for 5 minutes.
Mr. THOMPSON of Pennsylvania. Mr. Speaker, this coming Sunday marks
the 26th anniversary of the House of Representatives passing the North
American Free Trade Agreement, or NAFTA.
This agreement with our two closest trading partners, Canada and
Mexico, has become outdated as time has passed, markets have
diversified, and economies have flourished. We are in desperate need of
updating NAFTA to meet modern-day economic demands.
I know many of us have staff who are younger than NAFTA, and we can
all agree that the world has changed an awful lot in the last three
decades. Congress needs to bring the United States-Mexico-Canada trade
agreement, or USMCA, to a vote immediately to keep trade free and fair.
A vote on USMCA is long overdue.
It has been more than 400 days since President Trump announced this
historic agreement, and Mexico and Canada have already given USMCA the
green light. For farmers, ranchers, manufacturers, and everyone in
between, we must follow suit. So many different industries can benefit
from a modern trade agreement.
In Pennsylvania, nearly 43,000 jobs depend on manufacturing exports
to Canada and Mexico. Last year alone, Pennsylvania exported $15
billion worth of products to Canada and Mexico.
There is no telling what economic potential lies ahead with a new
revamped trade agreement.
In Pennsylvania, agriculture--and dairy, in particular--is the
backbone of the Commonwealth's economy. USMCA's elimination of Canada's
Class 6 and Class 7 dairy pricing programs would be a big win for dairy
farm families. These programs have unfairly limited our export
potential over the years.
The signing of USMCA into law will also signal to other major trade
partners, like China and Japan, that we are serious about these kinds
of deals and we are committed to a bright future for American exports.
There is no reason why we cannot pass USMCA before the end of the
year. USMCA will create more jobs, boost wages, and spur the Nation's
economy.
What are we waiting for? Each day that passes without a vote is a
missed opportunity. Let's get to work and hold a vote immediately.
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