The new United States-Mexico-Canada Trade Agreement will be good for the U.S. economy. That’s the thought of Congressman Fred Upton, who hailed House passage of the NAFTA replacement just before Christmas. He tells WSJM News the new agreement will be good for the auto industry.
“This is going to create more jobs, certainly here in Michigan but around the country as well, by requiring more North American content in autos to make sure that you can actually lower the tariffs on automobiles coming from other places,” Upton said. “That’s going to create jobs here.”
Upton also says it will help make American dairy producers more competitive. He predicts quick progress on securing the agreement’s final passage.
“It passed on an overwhelmingly bipartisan basis just before Christmas, and it’s expected that the Senate may take this bill up before the end of the week.”
And from there the president would approve it. Upton says when NAFTA was first approved back in the 1990s, there was always an understanding it could be improved. Now, he says, it has been.