ETA Sends Letter of Support to Senate Finance Committee on USMCA

Dear Chairman Grassley and Ranking Member Wyden:

On behalf of the members of the Electronic Transactions Association (ETA), I am writing in
support of the United States-Mexico-Canada Agreement (USMCA). Ratifying the USMCA
would strengthen U.S. cross border digital trade leadership and advance electronic payment
products and services ability to grow platforms and services that enable engagement with the
digital economy.

As the Committee holds its July 30th hearing on the USMCA trade agreement, we urge
Committee members to take into account the significance of the digital trade rules on the United
States economy and to take the necessary steps to ratify the USMCA and start receiving the
myriad of benefits. Similarly, ETA is working with the Canadian government and asking them to
take the appropriate steps to ratify the trade agreement.

Digital technology drives global commerce and ensures payments happen on time and in the
right amount. The USMCA promotes and sets a new and important precedent for modern trade
rules that reflect the importance of