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Below you'll find a list of all posts that have been tagged as “USMCA”
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 …
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 …
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.” …
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 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, …
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 …
Agriculture Secretary Sonny Perdue said trade talks and agreements are picking up. The new United States-Mexico-Canada Agreement (USMCA) could serve as a template moving forward with talks involving other countries. Perdue 1 on 1: USMCA Could be Trade Template
Agriculture Secretary Sonny Perdue says he favors removing the Section 232 tariffs on Canadian and Mexican steel and aluminum which has led those countries to impose tariffs on U.S. farm products. Perdue acknowledged that the tariffs have “a dampening effect” on the benefits of the new U.S.-Mexico-Canada Agreement, according to the Hagstrom Report. Perdue said: “I would be an advocate …
Republicans could push for a swift vote on the U.S.-Mexico-Canada Agreement if Congressional power swings to Democrats in the November elections. Some Republicans in the Senate are pushing to approve the new trade deal this year, if the party loses majority in the House. The USMCA will replace the North American Free Trade Agreement, and if one of the chambers …
A clause in the upgraded and renamed North American Free Trade Agreement (NAFTA) nearly forbids deals with “non-market” countries, such as China. The language deep in the new U.S.-Mexico-Canada Agreement (USMEC) marks another blow in the tit-for-tat trade war the U.S. is leveraging against China. Reuters points out that the clause, which has stirred controversy in Canada, fits in with …
