WDMA Speaks Out On The Trade Deal Between The U.S. And Mexico

August 29th, 2018 by Drew Vass, Executive Editor

On Monday the President announced that the North American Free Trade Agreement (NAFTA) will be updated to reflect a modernized trade agreement. This comes in the form of a new agreement between the United States and Mexico.

This new agreement is a sigh of relief for many small and medium sized businesses, and the updated agreement will put some ease on the decision to impose tariffs that the President put into effect in March.

According to a news release from the White House, the new agreement will especially benefit the American worker and American manufacturer through revisions including, but not limited to:

  • New “rules of origin” requirements to incentivize billions a year in vehicle and automobile parts production in the United States, supporting high-wage jobs.
  • The strongest, fully enforceable labor standards of any trade agreement.
  • Strong and effective intellectual property protections.
  • The strongest disciplines on digital trade of any international agreement.
  • The most robust transparency obligations of any United States trade agreement.

However, all this progress has been strictly between the U.S. and Mexico. The Window and Door Manufacturers Association (WDMA) released a statement expressing their concerns that Canada had not yet been included in this Agreement.

“WDMA is optimistic that the Trump Administration has made progress with Mexico on a trade deal to replace NAFTA, however, Canada must be included in any agreement that replaces it,” says Window and Door Manufacturers Association (WDMA) CEO Michael O’Brien. “Canada is arguably the United States’ most important trading partner and WDMA urges the Administration to work with Canada in the coming weeks to ensure that North American trade agreements are trilateral.”

These negotiations need to involve Canada for the sake of small and medium sized businesses across the country, especially fenestration businesses. A revision of NAFTA between the U.S. and Canada could potentially relieve the retaliatory tariffs imposed by Canada.

“We are starting negotiations with Canada pretty much immediately,” says the President in Monday’s statement.

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