Hauling Industry News
The new United States-Mexico-Canada agreement and the Work Truck Industry
On Sept. 30, 2018, the United States, Mexico and Canada announced a new agreement to govern North American trade and investment that will supersede the North American Free Trade Agreement (NAFTA). Announcement of the new trade deal was greeted favorably by U.S. business groups such as Chamber of Commerce, Business Roundtable and National Association of Manufacturers. Business Council of Canada, applauded the “much-needed certainty and clarity for investors in all three countries.”
President Trump said the agreement is “a great deal for all three countries,” and Prime Minister Justin Trudeau said it was a “good day for Canada.”
NTEA’s Ottawa office was invited to attend an Oct. 2 talk and discussion with Canadian Finance Minister Bill Morneau to business leaders at Greater Vancouver Board of Trade. From the Canadian perspective, Minister Morneau noted “we have created stability with our largest trading partner this week with the new deal between the United States, Mexico and Canada.” Story by Mike Kastner NTEA Managing Director & Jeffrey Phillips Dawson Strategic.