Lawmakers in Mexico this week took a step towards implementing the U.S.-Mexico-Canada Agreement (USMCA) that will replace the North American Free Trade Agreement. Mexico’s Senate approved a bill that overhauls the country’s labor code. The move was a precondition for U.S. Democrats in the House of Representatives for considering the agreement. Bloomberg News reports Mexican lawmakers raced to pass the …
Congress Returns with Push for USMCA
Lawmakers are returning to Washington this week with a renewed industry push to approve the U.S.-Mexico-Canada Agreement (USMCA). Following the International Trade Commission Report, few steps remain to reach implementation. Vice President Mike Pence touted the deal during a stop in Michigan last week, and a road tour from Farmers for Free Trade crossed the country building support for passage …
Livestock Groups Comment on USMCA Report
The U.S. International Trade Commission (USITC) released an economic analysis of the U.S.-Mexico-Canada Agreement (USMCA) late last week. The report included an impact of the agreement on the U.S. economy, a required step before Congress can consider ratification of the deal. USITC concluded that USMCA will have an overall favorable impact on the U.S. economy, increasing U.S. exports to Mexico and …
Trump Wants Quick Action on USMCA
President Donald Trump wants lawmakers to move quickly to approve the U.S.-Mexico-Canada Agreement (USMCA). The USMCA, Trump’s replacement for the North American Free Trade Agreement, is currently being navigated through procedural hurdles before the administration can present the final proposed agreement to Congress. Lawmakers must consider the agreement on a simple yes or no vote, with no amendments, with Trade …
Ag Officials from Canada, Mexico, to Attend USDA Outlook Forum
Agriculture leaders of Canada and Mexico are scheduled to speak at the USDA 95th Agricultural Outlook Forum next week. The Department of Agriculture recently announced Minister Lawrence MacAulay of Canada and Secretary Victor Villalobos Arambula of Mexico will join U.S. Secretary of Agriculture Sonny Perdue for the forum’s keynote address on February 21. The session will mark the first time …
USMCA and U.S. Ag Trade Benefits
When it comes to the new United States-Mexico-Canada Agreement (USMCA), many wonder what some of the expected immediate and long-range U.S. ag trade benefits are. Rod Bain takes a look at that new trade agreement. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Farm Bureau Board Endorses USMCA Agreement
The board of directors of the American Farm Bureau Federation recommended swift passage of the U.S.-Mexico-Canada Agreement (USMCA). Exports to Canada and Mexico under USMCA’s predecessor, the North American Free Trade Agreement, increased from $8.9 billion to $39 billion yearly. The USMCA would retain those gains while adding improvements in terms of trade for poultry, eggs, dairy and wine. AFBF, …
Agriculture Groups Respond to USMCA Signing
American Farm Bureau Federation USMCA Agreement Important Relief for Agriculture The following statement can be attributed to American Farm Bureau Federation President Zippy Duvall: “Today’s signing of the U.S.-Mexico-Canada Agreement continues the progress American farmers and ranchers have made since the North American Free Trade Agreement took effect in 1994. “Agricultural exports to Canada and Mexico increased from $8.9 billion to …
Secretary Perdue Comments on Signing of USMCA
U.S. Secretary of Agriculture Sonny Perdue issued the following statement regarding the signing of the new trade pact, the United States-Mexico-Canada Agreement (USMCA), replacing the outdated North American Free Trade Agreement (NAFTA): “I have often said that we live in the best neighborhood on Earth – North America – and the signing of a new trade agreement with Mexico and …
NCBA Welcomes USMCA Signing, Will Work with Congress to Secure Passage
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 …