Economy
January 31, 2019
SMA Sees USMCA Trade Pact as a Priority
Written by Tim Triplett
The Steel Manufacturers Association would like to see the U.S.-Mexico-Canada Agreement ratified by the three countries, even if it calls for a change to the tariffs.
Speaking at a press briefing during SMA’s board meeting Thursday in Washington, SMA President Phil Bell said the modernized trade rules in the USMCA are an improvement on NAFTA. “We support USMCA. There needs to be some kind of negotiated resolution to the Section 232 tariffs. It could be in the form of quotas or some other means to ensure that we have a free and open market without retaliation between the three countries,” he said.
