PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Entrepreneurs and Small Businesses Win Big with USMCA: Kerrigan Praises U.S. Senate Passage  

By at 16 January, 2020, 1:12 pm

NEWS

For Immediate Release

Washington, D.C. – Today, the U.S. Senate approved the United States-Mexico-Canada Agreement (USMCA) by a vote of 89-10, and the nation’s leading advocacy group for entrepreneurs applauded the broad support for passage. Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement in response to Senate passage of USMCA:

“USMCA is a powerful agreement for entrepreneurs and small businesses. It includes important provisions that will fuel online commerce, revenue growth, new investment and small business expansion into the global marketplace.  The modern agreement eases friction and costs at the border, which often prevent small businesses from pursuing global markets. USMCA lowers red tape, regulatory barriers, tariffs and other fees that have have made these markets more costly and less profitable, and includes a chapter solely dedicated to helping small businesses access the Mexican and Canadian markets. The agreement provides entrepreneurs a permanent voice to address emerging issues and barriers that may impact market access. Moreover, USMCA strengthens and improves IP protections, which is most critical for the competitiveness and survival of small businesses. Entrepreneurs across America look forward to the signing of the USMCA legislation by President Trump. SBE Council thanks the President and his team for their leadership on advancing this modern trade agreement that will serve to fuel entrepreneurship and small business growth across the nation.”

FACT SHEET: USMCA Promotes Entrepreneurship and Small Business Growth

Contact:  

Karen Kerrigan, SBE Council president & CEO

e-mail: kkerrigan@sbecouncil.org

SBE Council is nonpartisan advocacy, research and education organization dedicated to protecting small business and promoting entrepreneurship. For 25 years, SBE Council has worked on and advanced a range of private sector and public policy initiatives to strengthen the ecosystem for strong startup activity and small business growth. Visit www.sbecouncil.org for additional information. Twitter: @SBECouncil

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