On the recordOctober 2, 2018
Mr. President, I was greatly encouraged to hear yesterday's announcement by the administration that the United States, Mexico, and Canada have now successfully come to a trilateral agreement to modernize NAFTA. As the Presiding Officer knows, this is important not only to border States like ours; this is important to the entire country. About 5 million jobs in the United States depend on binational trade with Mexico, and about 8 million depend on binational trade with Canada. So this is really important to our country and, I think, will hopefully calm a lot of anxiety over some of the various trade disputes that we have had recently. Based on the deal reached Sunday, Canada will now join a pact with the United States and Mexico agreed to in August. The newly named United States-Mexico-Canada Agreement will greatly benefit North American commerce and modernize areas where our economy has evolved since the 1990s. When we think about what life was like back in the 1990s, digital commerce was unheard of; oil and gas exploration using modern techniques like fracking and horizontal drilling, which have produced the shale energy revolution in the United States, didn't exist back then; and, of course, as many of my friends in the energy business tell me, the shale we produce oil and gas from in the United States doesn't stop at the Rio Grande.…
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