United States Steel Corporation (U.S. Steel) released a statement Wednesday praising Congress and the Trump administration for collaborating to adopt the United States – Mexico – Canada Agreement (USCMA).
“We applaud this example of elected leaders from both parties working together in an effort to support American jobs, industry, and the economy,” U.S. Steel President and CEO David B. Burritt. “There is nothing I would like better than to see this same spirit of cooperation focused on advancing an infrastructure investment bill that would restore our nation’s preeminent capabilities. Imagine how every segment of our workforce and economy would flourish with revitalized infrastructure and the renewed manufacturing capabilities needed to support it.”
President Trump signed the USCMA on Wednesday, Jan. 29. The agreement replaces the North American Free Trade Agreement (NAFTA). According to the White House, the USMCA could lead to approximately 600,000 jobs and up to $235 billion in economic activity.