USMCA Retains Open Markets for Pulp & Paper and Promotes Sustainable Forestry
International Paper supports the modernized United States-Mexico-Canada Agreement (USMCA) that went into effect in July 2020. The historic agreement embodies top priorities for our business. USMCA 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.