Press Releases

Today, New Democrat Coalition Trade & Tariffs Task Force Chair Don Beyer (VA-08) issued a statement on the start of the joint review process of the United States-Mexico-Canada Agreement (USMCA) urging Trump Administration officials to maintain and build on the seminal trade agreement rather than withdraw and throw the U.S. and regional economy into chaos. The failure to renew the USMCA is estimated to result in a $300 tax increase per household in 2027 and the loss of 95,000 jobs.

“This past year has demonstrated the profound importance of free trade with America’s two closest trading partners, Canada and Mexico. As the President’s sweeping trade war erodes our trade relationships, raises costs, and destroys certainty in our economy, it is essential that the United States use this opportunity to strengthen – not retreat from – this crucial agreement.

“The Administration’s decision to start this review process by refusing to extend the USMCA is a grave mistake. Withdrawal from the agreement would devastate our markets, manufacturers, farmers, and consumers here at home. Our negotiators must engage in good-faith, trilateral discussions during this review to reinforce the agreement and ensure its continuation while addressing new challenges that have emerged in the six years since the USMCA took effect.

“Over the past year, New Dems convened meetings with the Canadian and Mexican ambassadors and roundtables with stakeholders and trade experts to ensure this process refines the Agreement without undermining its core framework. We are fully committed to delivering a revitalized USCMA through the joint review to deliver lower costs, stronger supply chains, more jobs, and certainty to our economy.”

New Democrat Coalition members penned a letter to Ambassador Jamieson Greer, the United States Trade Representative, in November 2025 calling on negotiators to “update and expand on the existing framework without undermining the successes and essential components” that have benefitted all parties of the agreement.