U.S. and Canadian Manufacturers: We Must Have a Trilateral Agreement

WASHINGTON, Aug. 29, 2018 /PRNewswire/ -- National Association of Manufacturers (NAM) President and CEO Jay Timmons and Canadian Manufacturers & Exporters (CME) President and CEO Dennis Darby released the following statement on NAFTA:

"Manufacturers in the United States and Canada firmly support moving forward at full speed to seize the opportunity to forge a new trade deal with the United States, Canada and Mexico. There is an unprecedented volume of goods flowing between the three countries and significant integration of operations, which makes a trilateral agreement an imperative. Such an agreement secures the jobs of our manufacturing workers and strengthens the critical U.S.?Canada trading relationship. We must also stand together with our regional allies to ensure competitors like China do not reap the rewards of unfair anti-market trade practices. Because of our two countries' nearly $700 billion trading relationship, our economies are inextricably linked, and our manufacturing workers depend on a strong deal that keeps us all growing and prospering for generations to come."

-About the NAM-

The National Association of Manufacturers (NAM) is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs more than 12 million men and women, contributes $2.25 trillion to the U.S. economy annually, has the largest economic impact of any major sector and accounts for more than three-quarters of private-sector research and development. The NAM is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the Manufacturers or to follow us on Shopfloor, Twitter and Facebook, please visit www.nam.org.

-About Canadian Manufacturers & Exporters-

Since 1871, Canadian Manufacturers & Exporters has been helping manufacturers grow at home and thrive around the world. In 2016, CME released Industrie 2030 - a roadmap for doubling Canadian manufacturing activity by 2030. Our focus is to ensure the sector is dynamic, profitable, productive, innovative and growing. We aim to do this by strengthening the labour force, accelerating the adoption of advanced technology, supporting product commercialization, expanding marketplaces and, most importantly, ensuring a globally-competitive business environment. CME is a member-driven association that directly represents more than 2,500 leading companies who account for an estimated 82 percent of manufacturing output and 90 percent of Canada's exports.

SOURCE National Association of Manufacturers