Tech group urges Congress to pass new NAFTA

Tech group urges Congress to pass new NAFTA

TechNet, a network of technology CEOs, wrote to Congress on Tuesday expressing their support for President TrumpDonald TrumpTrump's Facebook ban to stay in place, board rules Trump allies launching nonprofit focused on voter fraud DOJ asks for outside lawyer to review Giuliani evidence MORE’s revised North American trade deal.

The U.S.-Mexico-Canada Agreement (USMCA), which Trump signed to replace the North American Free Trade Agreement (NAFTA) in November, faces an uphill battle in Congress. The letter was sent ahead of the U.S. Trade Representative Robert LighthizerBob LighthizerWhiskey, workers and friends caught in the trade dispute crossfire GOP senator warns quick vote on new NAFTA would be 'huge mistake' Pelosi casts doubt on USMCA deal in 2019 MORE’s trip to Congress on Tuesday to give an update on the agreement.

“Much has changed in our economy since the North American Free Trade Agreement (NAFTA) was ratified 24 years ago. Since then, the internet has revolutionized the way we do business, and digital trade has become a major driver of economic growth worldwide,” TechNet’s CEO, Linda Moore, wrote in the letter to the Senate Finance Committee.


A similar letter went to the House Ways & Means Committee. 

The USMCA promotes “market access, boosts digital trade, protects intellectual property and encourages the free flow of data across boarders," TechNet’s vice president of federal policy, government relations and communications, Alex Burgos, told The Hill on Tuesday.

He added, "it is a net plus for the American economy, American workers and would usher in a new era of economic prosperity for the continent” and that the association “whole-heartedly” supports USMCA and hopes Congress can get it passed as soon as possible.

TechNet’s membership ranges from startups to giant tech companies and represents over three million employees in the fields of information technology, e-commerce, the sharing and gig economies, advanced energy, cybersecurity, venture capital, and finance.

The group also signed on to a letter in April pushing for passage of USMCA with other tech trade associations following the release of the U.S. International Trade Commission report on the agreement.