President Trump Participates in the USMCA Signing Ceremony
Courtesy whitehouse.gov/youtube
President Kevin Kester issued the following statement in response to the signing of the U.S.-Mexico-Canada Agreement (USMCA):
“With the signing of the U.S.-Mexico-Canada Agreement (USMCA), U.S. beef producers are one step closer to knowing that unrestricted, science-based trade will continue in North America. The agreement brings the trading relationship with our neighbors into the 21st century – and clearly rejects the failed beef and cattle trade policies of the past. Open markets have helped U.S. producers flourish and created billion dollar markets for U.S. beef. We look forward to working with Congress to get USMCA passed into law as quickly as possible.”
Background
Today (11/30/2018) the leaders of the United States, Mexico, and Canada signed the USMCA on the sidelines of the G-20 meeting in Argentina. The USMCA maintains unrestricted, duty-free trade for beef and cattle in North America. It also maintains science-based trade standards.
All three countries must complete their own domestic processes before the USMCA comes into force. In the U.S., Congress will need to pass legislation to implement the deal. The U.S. International Trade Commission is currently conducting an investigation into the likely impacts of USMCA. Texas rancher and NCBA member Kelley Sullivan participated in the public hearing to explain how the agreement will benefit U.S. producers.