PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

President Trump Signs USMCA: Entrepreneurs and Small Businesses Energized by New Growth Opportunities

By at 29 January, 2020, 3:08 pm

NEWS

FOR IMMEDIATE RELEASE

Washington, D.C. – Today at the White House, President Donald J. Trump signed the United States-Mexico-Canada Agreement (USMCA). Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan attended the signing ceremony and issued the following statement:

SBE Council president & CEO Karen Kerrigan discussed the market-opening opportunities of USMCA with Wisconsin dairy farmer Amy Penterman, Dutch Dairy LLC, at the USMCA signing event at the White House on January 29.

“USMCA will significantly benefit entrepreneurs and small businesses across many sectors of the U.S. economy. The digital, intellectual property, good regulatory practices, agricultural and unique small business chapters will facilitate and encourage global expansion for America’s small firms. Provisions dedicated to cutting costs and red tape at the border are especially vital for small businesses in terms of their ability to compete profitably and pursue opportunities in these markets. In addition, thousands of small business suppliers will benefit from the certainty and new investment opportunities that will emerge from USMCA.  SBE Council applauds President Trump for his leadership, the hard work of his negotiating team, and all members of Congress who supported USMCA.  Entrepreneurs and small businesses represent a dominant share of U.S. businesses that are active in the global marketplace, and we look forward to working with the Administration on providing more American small businesses with global growth opportunities through the various other trade agreements currently in the works.”

HOW USMCA WILL BOOST SMALL BUSINESS GROWTH AND U.S. ENTREPRENEURSHIP

SBE Council FACT SHEET: USMCA Promotes Entrepreneurship and Small Business Growth

Kerrigan on Radio America (January 17, 2020): Why Small Business Could Be Big Winners in USMCA

(Written highlights of the Radio America conversation here.)

Small Business Insider Blog Post (Jan. 27., 2020): How Small Businesses Benefit from USMCA.

Entrepreneurs and Small Businesses Win Big with U.S. Senate Passage of USMCA (Jan. 16 media release.)

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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