News Farmers Optimistic About USMCA

Farmers Optimistic About USMCA

Farmers Optimistic About USMCA
February 14, 2020 |

The Alabama Farmers Federation joined agricultural groups across the country in praising President Donald J. Trump’s signing of the U.S.-Mexico-Canada Agreement (USMCA) Jan. 29.

“We appreciate the administration working to level the playing field for farmers by negotiating trade agreements that improve access to foreign markets and protect American agriculture from unfair trade practices,” said Federation National Affairs Director Mitt Walker. “U.S. farmers are among the most innovative and productive in the world, and we’re confident they will continue to improve America’s positive agricultural trade balance when allowed to compete fairly on the world market.”

The USMCA is expected to increase agricultural exports from the U.S. by $2 billion, resulting in an overall increase of $65 billion in gross domestic product. The agreement will provide new market access for dairy and poultry products and will result in fair grading standards for U.S. wheat exported to Canada. The deal also addresses agricultural biotechnology to support 21st century innovations.

President Trump’s signature was the final step in enacting the agreement in the U.S.; Mexico approved the USMCA last year, and Canada must still ratify the pact. The agreement will take effect 90 days after all countries have approved it.

“USMCA is a cutting-edge, state-of-the-art agreement that protects, defends and serves the great people of our country. Promises made; promises kept!” Trump tweeted, noting the deal’s historic significance.

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