>> THANK YOU VERY MUCH.
WE'RE FATHERED TOGETHER THIS
AFTERNOON FOR A VERY
HISTORIC OCCASION.
THE SIGNING CEREMONY FOR A
BRAND NEW TRADE DEAL, THE
UNITED STATES, MEXICO,
CANADA AGREEMENT.
SO IMPORTANT.
I'M HONORED TO BE HERE WITH
PRESIDENT ENRAKE KAY
PRESIDENT ENRAKE NAY
PRESIDENT ENRAKE NIETO.
AND CANADIAN PRIME MINISTER
JUSTIN TRUDEAU.
THIS HAS BEEN A BATTLE AND
BATTLES SOMETIMES MAKE GREAT
FRIENDSHIPS SO IT'S REALLY
TERRIFIC.
WITH OUR SIGNATURES TODAY WE
WILL FORMALLY DECLARE THE
INTENSION OF OUR FREE
COUNTRIES TO REPLACE NAFTA
WITH THE USMCA, A TRULY
GROUND-BREAKING ACHIEVEMENT.
MODERN DAY AGREEMENT.
I WANT TO THANK YOU AS TRADE
REPRESENTATIVE BOB
LIGHTHIZER AND HIS ENTIRE
TEAM FOR THEIR TREMENDOUS
EFFORT AND THE EFFORTS THEY
HAVE MADE ALL THROUGHOUT THE
LAST ALMOST TWO-YEAR PERIOD
THANK YOU AS WELL TO JARED
KUSHNER SECRETARY OF STATE
MIKE POMPEO.
SECRETARY OF THE TREASURY
STEVE MNUCHIN AND DIRECTOR
LARRY KUDLOW FOR THEIR HARD
WORK AND UNTIRING DEVOTION
THROUGHOUT THE NEGOTIATION
PROCESS.
PETER NAVARRO.
USMCA IS THE MOST MODERN
TRADE AGREEMENT IN HISTORY.
ALL OF OUR COUNTRIES WILL
BENEFIT GREATLY.
IT IS PROBABLY THE LARGEST
TRADE DEAL EVER MADE, ALSO.
IN THE UNITED STATES THE NEW
TRADE PAC WILL SUPPORT HIGH
PAYING MANUFACTURING JOBS
AND PROMOTE GREATER ACCESS
FOR AMERICAN EXPORTS ACROSS
THE RANGE OF SECTORS,
INCLUDING OUR FARMING,
MANUFACTURING, AND SERVICE
INDUSTRIES.
AS PART OF OUR AGREEMENT,
THE UNITED STATES WILL BE
ABLE TO LOCK IN OUR MARKET
ACCESS TO CANADA AND MEXICO
AND GREATLY EXPAND OUR
AGRICULTURAL EXPORTS,
SOMETHING WE HAVE BEEN
WANTING TO DO FOR MANY
YEARS.
THIS IS AN AMAZING DEAL FOR
OUR FARMERS AND ALSO ALLOWS
THEM TO USE CUTTING EDGE
BIOTECHNOLOGY AND ELIMINATES
NONSCIENTIFIC BARRIERS.
OUR NATIONS HAVE ALSO AGREED
TO INNOVATE.
NEW MEASURES TO ENSURE FAIR
COMPETITION AND PROMOTE HIGH
WAGES AND HIGHER WAGES FOR
U.S. AND NORTH AMERICAN AUTO
WORKERS.
THE AUTO WORKERS ARE
TREMENDOUS BENEFICIARY.
UNDER THE USMCA AT LEAST 75%
OF OUR AUTOMOBILES, CONTENT
MUST BE MANUFACTURED IN
NORTH AMERICA.
AND 40 TO 45% OF AUTOMOBILE
CONTENT MUST BE MANUFACTURED
BY NORTH AMERICAN HIGH WAGED
LABOR IN ORDER TO GAIN
PREFERENTIAL ACCESS TO OUR
MARKETS.
THIS WILL HELP STOP AUTO
JOBS FROM GOING OVERSEES.
AND IT WILL BRING BACK AUTO
JOBS THAT HAVE ALREADY LEFT.
MANY, MANY JOBS ARE ALREADY
PLANNING TO COME BACK.
MANY COMPANIES ARE COMING
BACK.
AND WE'RE VERY EXCITED ABOUT
THAT.
THIS LANDMARK AGREEMENT
INCLUDES INTELLECTUAL
PROPERTY PROTECTION THAT
WILL BE THE ENVY OF NATIONS
ALL AROUND THE WORLD.
THE USMCA ALSO CONTAINS
ROBUST NEW PROVISIONS ON
DIGITAL TRADE AND FINANCIAL
SERVICES AND THE MOST
AMBITIOUS ENVIRONMENTAL AND
LABOR PROTECTIONS EVER
PLACED INTO A MAJOR TRADE
AGREEMENT ANYWHERE AT ANY
TIME.
WE HAVE DRAMATICALLY RAISED
STANDARDS FOR COMBATING
UNFAIR TRADE PRACTICES,
CONFRONTING MASSIVE
SUBSIDIES FOR STATE OWNED
ENTERPRISES AND CURRENTLY IF
YOU LOOK AT IT, CURRENCY
MANIPULATION THAT HURT
WORKERS IN ALL THREE OF OUR
COUNTRIES.
THE CURRENCY MANIPULATION
FROM SOME COUNTRIES IS SO
INTENSE, SO BAD AND IT WOULD
HURT MEXICO, CANADA, AND THE
UNITED STATES BADLY.
WE HAVE COVERED IT VERY WELL
IN THIS AGREEMENT.
THESE NEW PROVISIONS WILL
BENEFIT LABOR, TECHNOLOGY
AND DEVELOPMENT IN EACH OF
OUR NATIONS.
LEADING TO MUCH GREATER
GROWTH AND OPPORTUNITY
THROUGHOUT OUR COUNTRIES AND
ACROSS NORTH AMERICA.
IN SHORT, THIS IS A MODEL
AGREEMENT THAT CHANGES THE
TRADE LANDSCAPE FOREVER.
AND THIS IS AN AGREEMENT
THAT FIRST AND FOREMOST
BENEFITS WORKING PEOPLE,
SOMETHING OF GREAT
IMPORTANCE TO ALL THREE OF
US HERE TODAY.
PRESIDENT, I MUST SAY PENA
NIETO AND PRIME MINISTER
TRUDEAU WE WORKED HARD ON
THIS AGREEMENT.
IT'S BEEN LONG AND HARD.
WE HAVE TAKEN A LOT OF BARBS
AND A LITTLE ABUSE AND WE
GOT THERE.
IT'S GREAT FOR ALL OF OUR
DID YOU KNOW TRIES.
THANK YOU FOR YOUR CLOSE
PARTNERSHIP THROUGHOUT THIS
PROCESS?
KNEW AGREEMENT WILL ENSURE A
FUTURE OF PROSPERITY AND
INNOVATION FOR MEXICO,
CANADA AND THE UNITED
STATES.
I LOOK FORWARD TO WORKING
WITH MEMBERS OF CONGRESS AND
THE USMCA PARTNERS.
AND I HAVE TO SAY IT'S BEEN
SO WELL REVIEWED I DON'T
EXPECT TO HAVE VERY MUCH OF
A PROBLEM TO ENSURE THE
COMPLETE IMPLEMENTATION OF
OUR AGREEMENT.
ENRIQUE, I WANT TO THANK YOU
ON A PERSONAL NOTE, AND I
WANT TO WISH YOU THE VERY
BEST.
THIS WILL BE YOUR LAST DAY
IN OFFICE, SO THAT'S VERY
AUSPICIOUS DAY WHEN YOU CAN
SIGN SOMETHING SO IMPORTANT.
BUT WE REALLY DO APPRECIATE
IT I THINK I CAN SPEAK FOR
JUSTIN WHEN I SAY THAT.
[APPLAUSE]
[CHEERS]
[APPLAUSE]
>> WE BOTH AGREE HE IS A
SPECIAL MAN AND HE HAS
REALLY DONE A GOOD JOHN.
WE APPRECIATE IT VERY MUCH.
>> THANK YOU.
SO I JUST WANT TO
CONGRATULATE YOU ON ENDING
YOUR TERM IN OFFICE WITH
THIS INCREDIBLE MILESTONE.
IT IS REALLY AN INCREDIBLE
WAY TO END A PRESIDENCY.
YOU DON'T SEE THAT HAPPEN
VERY OFTEN.
I LOOK FORWARD TO WORKING