07/02/2026 | Press release | Distributed by Public on 07/02/2026 06:07
National Electrical Manufacturers Association (NEMA) President and CEO Debra Phillips today issued the following response to the announcement that the United States-Mexico-Canada Agreement (USMCA) will not be renewed for a 16-year term.
"While a full renewal of the USMCA was not achieved yesterday, NEMA is encouraged that the three countries will continue negotiating toward a stronger trade agreement, while keeping the current terms in force.
Since USMCA entered into force in 2020, the U.S. electrical manufacturing industry has invested more than $200 billion in domestic production, cut dependence on Chinese materials by nearly 50%, and helped build the regional electrical supply chain that America's energy dominance and AI leadership now depend on.
NEMA looks forward to working with the Administration to achieve a strengthened, durable, trilateral agreement, with a focus on enforcement, preventing transshipment, and North American standards harmonization.
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About NEMA
The National Electrical Manufacturers Association (NEMA) represents over 300 electrical equipment manufacturers that make safe, reliable, and efficient products and technologies that power, connect, and light our world. Together, our members contribute a full 1% of U.S. GDP and directly provide over 590,000 American jobs, adding more than $375 billion to the U.S. economy. Learn more at makeitelectric.org
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