NADA Applauds Senate Passage of USMCA
Jan 17, 2020Tysons, VA - National Automobile Dealers Association (NADA) Chairman Charlie Gilchrist released the following statement in response to the U.S. Senate’s passage of H.R. 5430, a bill to implement the U.S.-Mexico-Canada Agreement (USMCA):
“Today’s Senate vote to approve the USCMA is a big win for America’s new-car and -truck dealers and our customers. USCMA will reduce the threat of additional, broad-based tariffs on vehicles and parts produced in North America. Approval of USMCA will preserve the global competitiveness of the U.S. automotive industry and enable dealers to continue providing affordable vehicle options for American consumers while strengthening our economic ties to Mexico and Canada.”
In anticipation of the Senate’s vote, Gilchrist sent a letter to all senators urging their support of the bill. Gilchrist underscored the importance of a favorable trading relationship with Mexico and Canada to the American automotive industry and to the U.S. economy as a whole.
Similar Stories
Biden-Harris Administration awards almost $5 million to small businesses to bring new CHIPS Technology to the commercial market
View ArticleNew US Government regulation on imports ‘will not put e-commerce genie back in the bottle’
The Biden administration is moving to curb low-value shipments entering the US duty-free under the $800 ‘de minimis’ threshold, which it says has been abused by Chinese e-commerce platforms such…
View ArticleAAFA and FLA reiterate that interim Bangladesh gov. must focus on worker rights and ILO standards
In a joint letter to Dr. Mohammad Yunus — Chief Advisor of the Interim Government of the People’s Republic of Bangladesh — the American Apparel & Footwear Association (AAFA) and…
View Article
Transportation costs slow inflation for first month since July 2023
View Article
Census retail sales data shows households ‘Have the Underpinnings to Spend’
View ArticleTIA Releases State of Fraud in the Industry 2024 Report
This report provides a detailed examination of the current state of fraud in the industry, offering insights into the most common types of fraud, the regions and commodities most affected,…
View ArticleGet the most up-to-date trending news!
SubscribeIndustry updates and weekly newsletter direct to your inbox!
Follow us on social media:
