Washington, DC – October 1, 2018….Congressman Steve Womack (AR-3) today released the following statement on the newly announced trade agreement between the United States, Mexico, and Canada:
“Modernizing policies to reflect the realities of the 21st century global economy is critical to ensuring our nation’s future prosperity. By standing up for U.S. workers and negotiating from strength, the administration has secured a new trade agreement that will further advance America’s interests and priorities. This pact will help level the playing field for Arkansas’s agriculture and business economies, creating freer and fairer markets with some of our most vital trading partners. I look forward to seeing our farmers, ranchers, and local businesses take advantage of the new opportunities this agreement will create once fully implemented.”
Canada and Mexico are the United States’ first and third largest exports markets for food and agricultural products, making up 28 percent of total food and agricultural exports in 2017. These exports support more than 325,000 American jobs, including 110,00 jobs in Arkansas. One-third of Arkansas’s exports collectively go to Canada and Mexico. Additionally, Arkansas exports to Mexico are increasing 3.6 times faster than exports to any other country.
Congressman Steve Womack (AR-3) has represented Arkansas’s Third Congressional District since 2011. He serves as the Chairman of the House Committee on the Budget and is a member of the House Appropriations defense, military construction-veterans affairs, and labor-health and human services subcommittees. Additionally, he co-chairs the Joint Select Committee on Budget and Appropriations Process Reform.