International Trade and PortsNews

Florida Chamber of Commerce Applauds President Trump for Signing the USMCA Trade Agreement Into Law

“Florida Wins with USMCA Trade Agreement”

TALLAHASSEE, Fla. (January 29, 2020) – Selling more Florida goods and services around the world is vital to creating jobs, and helping local businesses grow Florida’s economy from the 17th largest in the world to the 10th largest.

With President Donald Trump’s signature, the new U.S. Mexico Canada Agreement (USMCA) law will help preserve and strengthen U.S. trade ties to Canada and Mexico – two of Florida’s top six countries for Florida-origin exports.

“With more than 2.5 million high-wage Florida jobs depending on international trade, the Florida Chamber of Commerce thanks President Trump for signing the USMCA trade agreement. USMCA will benefit Florida’s agriculture industry, manufacturers and local businesses, and will help grow Florida’s $57 billion exports of goods and $43 billion in exports of services,” said Bob Grammig, Chair, Florida Chamber of Commerce’s International Trade Division, and Partner, Holland & Knight. “The Florida Chamber’s International Trade Division will continue fighting to strengthen Florida’s position as a global trade leader and will continue working to ensure Florida’s exports in goods double and exports in services triple by 2030.”

Data from TheFloridaScorecard.org shows just how important trade is to Florida’s economy:

In uniting Florida’s business community for good, the Florida Chamber stood up for local businesses in supporting USMCA in the halls of Congress, on editorial pages and in letters to lawmakers, and we’re committed to protecting this important economic engine.

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Established in 1916 as Florida’s first statewide business advocacy organization, the Florida Chamber of Commerce is the voice of business and the state’s largest federation of employers, chambers of commerce and associations aggressively representing small and large businesses from every industry and every region. The Florida Chamber works within all branches of government to affect those changes set forth in the annual Florida Business Agenda, and which are seen as critical to secure Florida’s future. The Florida Chamber works closely with its Florida Political Operations and the Florida Chamber Foundation. Visit www.FloridaChamber.com for more information.

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