(WASHINGTON) – After the House’s bipartisan passage of President Trump’s signature trade deal, the United States-Mexico-Canada Agreement, Rep. Banks released the following statement:
“As the son of a factory worker who grew up in a home where NAFTA was a ‘four-letter word,’ it is hard not to see today’s House passage of USMA as not just a big win for American workers but also the biggest promise delivered yet by President Donald Trump.
“This trade deal will be a boon to northeast Indiana. Our farmers need it. Our manufacturers need it. Mexico and Canada are Indiana’s two top trading partners, accounting for 47% of our exports and generating $18 billion in revenue for Hoosiers. Experts project this trade deal will generate 176,000 jobs and inject $68 billion into the gross national domestic product.
“Furthermore, the USMCA will give American businesses and farmers much-needed stability and empower the president to continue negotiating with China from a position of power. China’s taken advantage of hardworking Americans for far too long, and we’re finally doing something about it.”