putnam

Putnam to Raise Concerns About Revamped NAFTA

Dan Industry News Release, Trade

State Agriculture Commissioner Adam Putnam will voice concerns Thursday about the potential impact on Florida’s produce industry of the renegotiated North American Free Trade Agreement between the United States, Mexico and Canada. Putnam, who has been a critic of the original agreement known as NAFTA, is slated to appear before the U.S. International Trade Commission. When President Donald Trump’s administration …

federal

Federal Reserve: NAFTA 2.0 Won’t Help Dairy Industry

Dan Dairy, Exports/Imports, Industry News Release, Trade

The North American Free Trade Agreement (NAFTA) replacement will not benefit dairy farmers, according to the Federal Reserve Bank. A report by the Federal Reserve says gains made by the new U.S.-Mexico-Canada Agreement that will replace NAFTA are “too small and too far in the future to help dairy farmers.” The Minneapolis Fed reported that “a substantial number of dairy …

putnam

USMCA a Framework for Future Trade Deals

Dan Industry News Release, Trade

A White House adviser says the U.S.-Mexico-Canada Agreement (USMCA) is a model for future trade agreements. USMCA will replace the North American Free Trade Agreement (NAFTA), if approved. Kevin Hassett, chairman of the White House Council of Economic Advisers, said this week that other potential agreements will “look very much alike, and very much like this,” according to Politico. His …

nafta

McConnell: No NAFTA 2.0 Vote This Year

Dan Industry News Release, Trade

As expected, the U.S. Senate will not consider the updated North American Free Trade Agreement (NAFTA), known as the U.S.-Mexico-Canada Agreement (USMCA), in 2018. Senate Majority Leader Mitch McConnell told Bloomberg News a vote on the updated agreement would not happen until after the New Year, saying “My trade advisers say you can’t possibly do it under the various steps …

cobank

CoBank: USMCA Provides Certainty, But More is Needed

Dan Industry News Release, Trade

The overhauled North American Free Trade Agreement, now named the United States-Mexico-Canada Agreement, or USMCA, will accomplish important objectives for U.S. agriculture, according to CoBank. However, a report by CoBank says what was not accomplished in the agreement is just as important. The report says that while having an agreement improves certainty, brings more market access and allows the White …

corker

Senator Corker Has Concerns Regarding New NAFTA

Dan Industry News Release, Trade

The top lawmaker on the Senate Foreign Relations Committee expressed concerns this week regarding the new trade agreement between the U.S., Mexico and Canada. Bob Corker of Tennessee told The Hill he is “concerned about the steel and aluminum tariffs” that the U.S. and Canada both say are not connected to the U.S.-Mexico-Canada Agreement that will replace the North American …

putnam

Putnam Says Trade Deal Falls Short for Florida Farmers

Dan Florida, Industry News Release, Trade

Florida Agriculture Commissioner Adam Putnam would like the renegotiated and rebranded North American Free Trade Agreement to do more to help the state’s farmers. And he’s not alone, as U.S. Sen. Marco Rubio, R-Fla., also expressed concerns about the absence of relief for Florida agriculture in the revamped trade pact announced late Sunday. Putnam, who has long been a critic …

federal

Canada Dairy Industry: New NAFTA a Bad Outcome

Dan Dairy, Industry News Release, Trade

Dairy farmers in Canada “paid the price” to conclude an international trade agreement, according to Dairy Farmers of Canada. The recently announced U.S.-Mexico-Canada Free Trade Agreement that will replace the North American Free Trade Agreement (NAFTA) includes allowing the U.S. expanded dairy market access. Canada’s dairy industry says the concessions show Canada is “willing to sacrifice our domestic dairy production …

putnam

New NAFTA Faces Long Road Before Implementation

Dan Industry News Release, Trade

The updated North American Free Trade Agreement (NAFTA) has many procedural hurdles to pass before farmers and ranchers can see any benefits. President Trump called the agreement a “promise kept” regarding his trade agenda, as NAFTA will become the U.S.-Mexico-Canada Free Trade Agreement, or USMCA. The late-night announcement Sunday allows the Trump administration to beat a self-set deadline. The administration …

trade issues

NCBA Update on Trade Issues

Dan Cattle, Exports/Imports, Trade

A trade deal has been reached between the United States, Canada and Mexico. The new pact is being called the U.S.-Mexico-Canada Agreement, basically replacing the North American Free Trade Agreement. Last week, another trade deal made the news, as the United States signed a new deal with South Korea. Kent Bacus, National Cattlemen’s Beef Association (NCBA) director of international trade, says …