MEMPHIS, Tenn. - The National Cotton Council (NCC) applauded President Trump's signing today of the Congressionally-approved U.S.-Mexico-Canada Agreement (USMCA).

NCC Chairman Mike Tate said this trade agreement will provide a boost in trade certainty for U.S. cotton and cotton textile products in the North American market. He noted that Mexico is the second largest export market for U.S. cotton textile/apparel products and Canada is the fourth largest for these goods. Mexico also is a top market for U.S. raw cotton.

The Alabama cotton producer said the USMCA, which updates and modifies the North American Free Trade Agreement, includes a textile chapter that offers significant improvements for domestic textile manufacturers and workers. Among those provisions are: a stronger rule of origin for certain regional textile products; strong customs enforcement language; and ensuring that a significant amount that the Department of Homeland Security spends annually on clothing and textiles is on domestically-produced products.

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National Cotton Council of America published this content on 29 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 January 2020 17:19:01 UTC