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Sunday, December 22, 2024

Rep. Greg Stanton highlights USMCA success and warns against trade wars

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Greg Stanton U.S. House of Representatives from Arizona | Official U.S. House headshot

Greg Stanton U.S. House of Representatives from Arizona | Official U.S. House headshot

Rep. Greg Stanton, a member of the U.S. Congress representing Arizona's 4th district, shared his views on trade and economic developments through a series of tweets on November 26, 2024. Stanton emphasized his role in facilitating trade agreements and expressed concerns about potential trade conflicts affecting Arizona businesses.

On November 26, 2024, Rep. Greg Stanton stated: "I’ve led trade missions and worked to pass trade deals, including the massively successful USMCA free trade agreement enacted under Trump." He cautioned against initiating a trade war with major economic partners, warning that it could harm Arizona businesses and increase consumer prices.

In another tweet from the same day at 19:46 UTC, Stanton provided additional information by linking to further details: "More https://t.co/qzY3T2jdLS"

Later that day, he announced a significant development involving Intel Corporation: "NEW: Today @CommerceGov reached a final agreement to award Intel $7.86 billion under our CHIPS and Science Act." This agreement is expected to boost investment and create high-wage jobs in the East Valley region.

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