01.29.20

Gardner Applauds Signing of Historic Free Trade Agreement Benefitting Colorado

Washington, D.C. – U.S. Senator Cory Gardner (R-CO) released the following statement today after President Trump signed the United States-Mexico-Canada Agreement (USMCA) Implementation Act.

“This is a historic day for Colorado’s workers, our agriculture industry, and our economy,” said Senator Gardner. “USMCA will boost Colorado’s already vibrant trade relationship with our two largest global trading partners, Mexico and Canada. Nearly a quarter million jobs and billions of dollars of our economy in Colorado are dependent on trade with our North American neighbors, and I’m proud to have supported USMCA to give all of Colorado’s exporters the best chance to access these markets and opportunities.”

Colorado exported $2.7 billion in goods to Canada and Mexico in 2018, making them Colorado’s largest trading partners. According to the U.S. Census Bureau, Colorado exported more than $165 million of electronic machinery, $74 million worth of beverages, $47 million of dairy products, $33 million of cereals, and $28 million of sugar and confectionary exports to Canada and Mexico in 2018. Colorado’s biggest export, beef, accounts for more than $880 million worth of goods shipped to Mexico and Canada.

Background:

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Cory Gardner is a member of the U.S. Senate serving Colorado. He sits on the Energy & Natural Resources Committee, the Foreign Relations Committee, the Commerce, Science, & Transportation Committee, and is the Chairman of the Subcommittee on East Asia, the Pacific, and International Cybersecurity Policy.