The White House and House Democrats Tuesday announced that they had reached an agreement on the U.S. Canada Mexico Agreement (USMCA) and the House is expected to vote on the trade deal this week. USMCA includes new rules on data and privacy as well as additional labor and environmental protections such as a process for inspecting factories that may be failing to meet their obligations under the agreement.
One of the most significant provisions in USMCA is auto rules of origin - the amount of content from the U.S., Canada and Mexico that must be in automobiles in order to avoid tariffs. USMCA increases the North American content requirement for autos and auto parts to 75%, up from the 62.5% requirement in NAFTA.
The Great Lakes Metro Chambers Coalition (GLMCC) announced its support for the passage of USMCA earlier this year and has worked closely with Great Lakes congressional representatives to advocate for the deal. The Great Lakes region—comprised of eight US states and two Canadian provinces—is a $6 trillion economy. The region is responsible for more than 50% of the good transported across the northern border, making it a critical connecting point for US trade and the rest of the world.
GCP serves as a leading chamber of the GLMCC, which is a collective of chambers of commerce across the Great Lakes region that jointly advocate on core policy issues, including water quality, immigration reform, trade, transportation and infrastructure.