usmca

Trudeau Says USMCA Keeps China Trade Door Open

Dan Industry News Release, Trade

Canada’s Prime Minister says the new U.S.-Mexico-Canada Agreement (USMCA) allows Canada to move forward with trade talks with China. Despite a provision in the text of the agreement that allows the U.S. to opt-out of the deal if Canada or Mexico engages with China, Justin Trudeau claims the provisions were “watered down” in the final version of the agreement. He …

international

International Trade Commission to Review USMCA

Dan Industry News Release, Trade

The U.S. International Trade Commission will review the U.S.,-Mexico-Canada Agreement next month. The Commission is scheduled to meet November 15th for an economic review of the trade agreement that will replace the North American Free Trade Agreement. Politico reports that the ITC probe, which is required by Congress, formally launched Friday. The Commission has until mid-March to complete its report, …

usmca

USMCA Predicted to Boost Protein Exports

Dan Beef, Industry News Release, Pork, Poultry

Industry experts say the new U.S.-Mexico-Canada Trade Agreement (USMCA) could lead to modest export gains for U.S. poultry, pork, and beef. A new report from CoBank says the agreement is expected to keep tariffs on food and agriculture between the three countries at zero. The report says the U.S. chicken sector exports are predicted to rise 47,000 metric tons in …

usmca

Secretary Perdue Comments on USMCA

Dan Industry News Release, Trade

U.S. Secretary of Agriculture Sonny Perdue issued the following statement regarding the announcement of a United States-Mexico-Canada Agreement (USMCA): “The great news of a new USMCA deal is important for our economy as a whole, including the agricultural sector, which counts Canada and Mexico in our top three trading partners. I have long said that I believe our country is …

discussing

U.S., Canada Trade Officials Discussing Next Steps

Dan Exports/Imports, Industry News Release, Trade

The U.S. and Canada are discussing the next steps for approving the U.S.-Mexico-Canada Agreement that will replace the North American Free Trade Agreement. U.S. Trade Representative Robert Lighthizer visited Canada this week meeting with his Canadian counterpart, Chrystia Freeland. A spokesperson for Freeland told Bloomberg News the meeting was an “opportunity to take stock of the next steps on USMCA.” …

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 …

language

China Language in USMCA Not Surprising

Dan Industry News Release, Trade

Language against trade talks with China in the U.S.-Mexico-Canada Agreement is not surprising, according to a Chinese editorial. The South China Morning Post, an English language newspaper based in China, says the policy is perhaps the worst feature of the USMCA for Beijing, as it may become a template for future trade talks Trump holds with allies such as Japan, …

trudeau

Canada Dairy Organization Turns Down Trudeau Meeting

Dan Dairy, Industry News Release, Trade

Dairy Farmers of Canada have rejected a meeting request from Canadian Prime Minister Justin Trudeau. The organization rejected the meeting because of the “absence of details on measures to mitigate the impact of the concessions” made in the U.S.-Mexico-Canada Agreement. The agreement, which replaces the North American Free Trade Agreement, grants U.S. dairy more market access to Canada. Dairy Farmers …