Colorado Business Roundtable’s Statement on Deal with Canada and Mexico to Lift Steel and Aluminum Tariffs as well as Retaliatory Tariffs

Colorado Business Roundtable applauds our administration’s announcement that United States, Mexico and Canada have come to a resolution that lifts steel and aluminum tariffs as well as corresponding retaliatory tariffs. This important step helps clear a major hurdle in finalizing the U.S.-Mexico-Canada Agreement (USMCA).

“The announcement is viewed as a significant step toward ultimate passage of USMCA, of which Colorado Business Roundtable (COBRT) has played a key role in garnering support from our congressional delegation, as well as the business community, states Jeff Wasden, COBRT President. “Trade with Canada and Mexico is critical to growing business and putting more Coloradans to work.”

Trade in North America has reached $1.4 trillion and supports more than 12 million American jobs. Passing implementing legislation for USMCA this year will help broaden and expand trade opportunities with our closest neighbors.