U.S. Mexico Canada Agreement
Representatives from the U.S., Mexico and Canada will meet in Cancun, Mexico this week to discuss a series of disputes, including Mexican energy and biotech policies and Canadian dairy barriers.
Over the 29 years of free trade, U.S. ag exports to Mexico increased both in terms of volume and value, although there were some years where growth was not positive.
Currently, foreign meat that is processed in U.S. plants can be labeled “Product of USA.” Arun Alexander, Canada’s deputy ambassador, isn’t convinced this is a good practice.
Mexican President López Obrador hosted President Biden and Canadian Prime Minister Trudeau this week to discuss everything from methane reduction to the U.S./Mexico border wall.
Mexican President Andres Manuel Lopez Obrador said on Tuesday that some tariffs under USMCA could immediately be suspended, as he visited the White House to meet U.S. President Joe Biden.
Mexico’s duty suspension is likely to benefit European pork and Brazilian poultry, while beef imports remain relatively unchanged.
All former U.S. Secretaries of Agriculture since President Reagan’s Administration announced on Thursday their support for the United States-Mexico-Canada Agreement (USMCA).
More than 960 groups representing the U.S. food and agriculture value chain at the national, state and local are urging Congress to quickly ratify the U.S.-Mexico-Canada Agreement (USMCA).
Talks between the U.S. and Canada ended Friday without a deal on a new North American Free Trade Agreement, but discussions are expected to continue next week, according to a person familiar with the matter.
Chuck Conner, president and CEO of the National Council of Farmer Cooperatives, said the U.S.-Mexico-Canada Agreement (USMCA) has support across agriculture and should be an easy decision for Congress to finalize.
High-level NAFTA negotiations are set to resume in Washington, where Republicans are warning time is running out for Canada to join the U.S. and Mexico in a trilateral deal.
President Donald Trump said he plans to pursue a trade deal with Mexico and possibly Canada even as talks with the U.S.’s northern neighbor stalled, leaving the future of a revised Nafta in doubt.
President Donald Trump said talks on a revised NAFTA are “doing very nicely” as ministers from the U.S., Mexico and Canada meet in Washington to try to push for an agreement by early May.
On Tuesday, House Speaker Nancy Pelosi announced her plan to vote next week on the USMCA. That announcement was met with praise and optimism by ag industry groups and rural lawmakers alike.
Canada’s retaliatory tariffs against the United States — worth $16.6 billion — will clearly come at a cost, not only to the American economy, but also the Canadian economy.
Ag Secretary Sonny Perdue is vocal the Trump administration is leaning towards potentially drifting away from the trilateral North American Free Trade Agreement and heading toward two separate bilateral agreements.
Mexico’s chief NAFTA negotiator and Canada’s top agricultural official say their countries remain committed to completing the North American Free Trade Agreement renegotiations.
Moises Kalach says teams are working hard to land a deal, but getting to agreement will depend on the White House, he says.
“NAFTA has been a resounding success, and we don’t want to go backwards,” said Nick Giordano, vice president and counsel, global government affairs, for the National Pork Producers Council (NPPC). He said losing access to the Mexican and Canadian markets for pork would be a “huge financial problem.”