Pritzker noted that with recent energy reforms in Mexico, U.S. businesses will have an opportunity to enter sectors in that country that had previously been closed off to them.
Prizker also stressed the importance of two other proposed free trade agreements, which would help the U.S. remain competitive on the economic scene: The Trans-Pacific Partnership with 11 countries including Japan, Singapore and Vietnam and the Transatlantic Trade and Investment Partnership with the European Union.
She also asked businesses to help promote foreign investment in the United States and threw support behind passing comprehensive immigration reform, which she said would help give U.S. business a competitive edge in innovation.
Immigration reform "must be at the top of our to-do list," said Pritzker, who whose family founded the Hyatt hotel chain.
Pritzker, whose great-grandfather emigrated from Russia at age 10, said in an interview after her speech that immigration reform is a "moral, as well as an economic issue" and one that held "economic opportunity" for the country.
The immigration bill passed by the Senate would "expand the temporary and high-skilled worker programs that our businesses need to grow."
"It allows us to staple a green card to the degrees of graduate students, instead of forcing potential innovators and job creators to leave after being trained at our universities — a mind-boggling concept to me," Pritzker said.
Immigration changes under a Senate-passed bill would boost the U.S. economy by $1.4 trillion over the next 20 years, she said. In California, Pritzker said, the reform would create 77,000 jobs and swell the economy by $7 billion "in the near term."