SIFMA released a statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the new trilateral trade deal announced today, the “United States-Mexico-Canada Agreement:”
“SIFMA welcomes the news that the United States, Canada and Mexico have reached agreement on a trilateral trade and investment deal to succeed NAFTA. SIFMA is reviewing the details closely with our members. For the first time ever in a trade and investment agreement, provisions prohibiting data localization and improving the free flow of data across borders, which are so important to many of our members’ businesses, is protected. We will continue to assess the text in coming days.”
