Bill Hanvey, president and CEO, Auto Care Association, today released the following statement in response to President Trump signing the United States Mexico Canada Agreement (USMCA) into law:
“We applaud the Trump administration and Congress for working together to pass this critical trade agreement. It is noteworthy that the President will be visiting an auto part manufacturer, Dana Inc., as his first stop to celebrate the passage of USMCA. Our domestic auto care industry, which includes auto part manufacturers, distributors, retailers, and independent repair shops, greatly benefits from a strong trade relationship with Mexico and Canada. Mexico and Canada are important trading partners both as sources of imports and destination for exports in this regional trade pact. Together, they represent 71% of all auto part exports and 48% of all auto part imports, with $63B in exports and $76B in imports from Mexico and Canada combined. Having USMCA in place will allow our members to continue to provide vehicle owners with high quality and affordable repair and maintenance.”
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