U.S. Travel Association President and CEO Roger Dow issued the following statement on U.S. Senate passage of the U.S.-Mexico-Canada (USMCA) trade agreement:
“The American travel community is among the industries that praise Senate passage of the USMCA, and the good news it portends for trade agreements with other critical international partners.
“Travel is the No. 1 U.S. services export and No. 2 export overall, accounting for a $69 billion trade surplus in 2018—and Canada and Mexico are by far our two largest travel source markets. Healthy and robust trade relationships enable our industry to keep creating prosperity in every corner of the U.S., and our analysis shows that the USMCA will enable our industry to generate 15,000 new jobs and $1.7 billion in new travel-related spending.
“We look forward to working with the administration and Congress on other crucial pacts, such as with Japan, the UK, and the EU.”
U.S. Travel Association is the national, non-profit organization representing all components of the travel industry. Travelers in the United States are estimated to spend $1.1 trillion in 2022 (still 10% below 2019 levels). U.S. Travel advocates for policies to accelerate an even recovery across the travel industry and restore economic and job growth for this essential contributor to our nation’s success. Visit ustravel.org for information and recovery-related data.