Research Triangle Park, N.C.—The Motor & Equipment Manufacturers Association (MEMA) was invited to join President Donald Trump at Wednesday’s USMCA bill-signing ceremony at the White House.
“It is a great honor to receive the president’s personal invitation to attend the signing ceremony and to represent our members and the entire supplier community,” MEMA President and CEO Bill Long said. “The USMCA is a significant bipartisan accomplishment for our country and has been a major MEMA legislative success for the industry. The USMCA will provide opportunity for manufacturing growth in the United States and throughout the region. This action begins to establish economic certainty, which is essential to preserving and enhancing vital North American supply chains for the U.S. motor vehicle sector.”
“The USMCA is a significant bipartisan accomplishment for our country and has been a major MEMA legislative success for the industry.”— Bill Long
AASA President and COO Paul McCarthy said, “The signing of USMCA brings much needed trade certainty to the automotive aftermarket. This historic moment is recognition of the meaningful impact suppliers have on the U.S. economy and the hard work of our association and our members on this important issue. We are particularly pleased that the agreement will not alter the trading requirements for aftermarket components. There is still a lot of work to do on finalizing the regulations, but MEMA was able to deliver a big win for our industry.”
Canada is expected to pass its USMCA implementing bill in the next month or so, then all three nations will have the legislative framework for the USMCA in place. MEMA is now providing input to USTR and the U.S. Congress as the Uniform Regulations to fully implement the USMCA are developed by Canada, Mexico and the United States. In addition, MEMA is planning in-depth webinars and other educational opportunities starting very soon to assist members with the transition from the NAFTA to the USMCA.