USMCA is $4B a day of trade between US, Canada, Mexico: U.S. Chamber of Commerce CEO

U.S. Chamber of Commerce CEO Tom Donohue on Thursday said “extraordinary progress” with is being made with Democrats on the USMCA and aside from a “number of adjustments” will be “fixed by the September timeframe.”

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“There’s very good spirit between the people that are doing it because this is an unbelievable agreement,” he told FOX Business’ Stuart Varney adding that “it’s $4 billion a day of trade between the United States and Canada and Mexico – they are our largest trading partners.”

USMCA calls for a larger portion of autos to be made in the U.S. with higher wages for auto workers. Mexico, last month, became the first country to ratify the trade deal.

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Trump, in May, removed steel and aluminum tariffs on Canada and Mexico.