USMCA Retains Open Markets for Pulp & Paper and Promotes Sustainable Forestry
International Paper supports USMCA because it preserves zero tariffs on industrial products, including pulp, paper and wood products for trade within North America. This is significant because Mexico is the second largest export market and Canada is the eleventh largest export market by sales for International Paper. These trading partners represent nearly 45% of the pulp and paper industry’s total exports. The USMCA also includes strong support for sustainable forest management in the agreement’s environment chapter. As the largest consumer of wood fiber in the world, International Paper has a financial and reputational interest in keeping illegal wood out of the global supply chain. The USMCA includes strong language to combat illegal logging and associated trade and commits the three countries to promote trade in legally-harvested forest products. This is unprecedented in any trade agreement. We urge Congress to pass the USMCA without delay to help manufacturers grow in the United States, compete globally and support millions of hardworking men and women in manufacturing jobs across the country.