USMCA Goes into Effect Today
- Thanks to President Trump’s bold leadership, the United States-Mexico-Canada Agreement is going into effect today.
- This agreement will mean stronger economic growth, more jobs for American workers, and fairer trade for our country.
- President Trump has delivered for American manufacturers, farmers, businesses, and workers – truly putting America first.
- The agreement will drive job creation and includes the strongest, most advanced, and most comprehensive set of labor provisions of any U.S. trade agreement.
- American farmers will have access to fairer markets in Canada and Mexico – opening up more opportunities to export their goods.
- USMCA will strengthen American manufacturing – including incentivizing investment in high paying auto manufacturing jobs here in the U.S.
Promises Made, Promises Kept
- Just as promised, President Trump is replacing the disaster of NAFTA, which drove American jobs overseas for years.
- USMCA is a fair deal for American workers and finally brings our trade relationship with Canada and Mexico into the 21st century.
- USMCA incorporates the highest standards on intellectual property rights, digital trade, environmental provisions, and more.
Economic Injury Disaster Loans & Advance Program Update
SBA’s Economic Injury Disaster Loans and Advance Program has reopened its portal to all eligible small businesses and non-profits impacted by COVID-19 pandemic. The reopened portal can be found here.
- Deadline for Support: Small businesses must apply by December 31, 2020.
- Loan Program: The Loan Program offers long-term, low interest assistance for a small business or non-profit. State-by-State data can be found here.
- Advance Program: The Advance Program will provide up to $10,000 ($1,000 per employee) of emergency economic relief to businesses that are currently experiencing temporary difficulties, and these emergency grants do not have to be repaid. State-by-State data can be found here.
American Workforce Policy Advisory Board – Call to Action
The American Workforce Policy Advisory Board has released a call-to-action to help the millions of workers who need assistance now, and build the resilient and agile workforce of the future powered by skilled American workers. Specific actions:
- Expedite American workers’ return to employment and upward mobility by investing in career pathways and implementing skills-based hiring practices.
- Remove obstacles to the modernization of American education and training to accelerate reskilling and facilitate innovation in workforce development.
- Build the technological infrastructure necessary for the future of work.