Hon. Jesús Seade leads briefing on U.S.-Mexico trade relationship and USMCA
Center for Global Trade & Foreign Investment
|September 9, 2019|
The Chamber hosted Hon. Jesús Seade, undersecretary for North America for the Mexican Ministry of Foreign Affairs. As representative of the President of Mexico at the negotiation of the U.S.-Mexico-Canada Agreement (USMCA), signed by the three countries in 2018, Seade provided an exclusive briefing on aspects of the USMCA and the current relationship between the Mexico-California and Mexico-Los Angeles regions. Mexico continues to be California's No. 1 export market, purchasing 17 percent of all California exports. Without tariff-free trade across North America secured by a strong trade agreement, California's manufactured goods exports to Canada and Mexico could face a minimum of $1.2 billion to $10.1 billion in extra taxes (compared to zero tariffs today). The event was co-hosted by Consul General of Mexico, Hon. Marcela Celorio, and was joined by Chamber Board Chair Jerry Neuman; Amb. Nina Hachigian, deputy mayor of international affairs for the City of L.A.; former Board Chair Steve Nissen; representatives from The Coca-Cola Company and The Home Depot; and a number of additional Chamber members and partners. Neuman encouraged members to get involved in the Chamber's work supporting USMCA passage. READ the Business Perspective; SEE the photos; and LEARN MORE about the USMCA.
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