The U.S. Chamber of Commerce (USCC) highlighted the importance of U.S.-Mexico-Canada Agreement (USMCA) compliance during the joint review of this trade agreement.
For the Chamber, there is an immediate imperative: compliance with and effective implementation of the USMCA.
The USCC is the world’s largest business federation. It defends corporate interests, drives economic growth, and lobbies the government to promote pro-market policies.
USMCA Compliance
The full potential of the USMCA depends on all three parties fully implementing and complying with the agreement.
“The ongoing joint review is the key opportunity to precisely address persistent compliance challenges, while maintaining stability and predictability for investment and trade,” said the USCC.
Compliance priorities to be addressed, according to the USCC:
Canada
- Dairy trade issues.
- Intellectual property protection.
- Health-related measures.
- Digital trade.
- Government procurement/“Buy Canadian” measures.
Mexico
- Agriculture.
- Digital trade.
- Energy.
- Financial services.
- Government procurement.
- Intellectual property.
- Radio spectrum competition.
- Trade facilitation
United States
- Section 232 tariffs
USCC Requests
The Chamber called on the U.S. Congress to support maintaining the USMCA as a trilateral agreement that preserves tariff-free trade and provides stable and predictable rules for North American trade.
In addition, the USCC called for pushing for full compliance and enforcement of the law; and for encouraging the Trump Administration to use the tools provided by the USMCA to address the compliance priorities mentioned above.
Another request focuses on promoting an expedited, transparent, and orderly joint review that strengthens certainty for investors and supply chains.
The USCC opposes measures that erode tariff-free North American trade, including the continued application of Section 232 measures to products from Canada and Mexico.
Finally, the USCC urged collaboration with the business community to ensure that U.S. companies have a fair, open, and predictable business environment throughout North America.