Ag groups, lawmakers react to recent trade deals
Last updated 1/30/2020 at 9:24am
The United States-Mexico-Canada Agreement (USMCA) was signed into law this week and the U.S. and China announced a preliminary trade agreement earlier this month, in a development that has brought a sigh of relief to agriculture groups in the region.
The USMCA replaces the North American Free Trade Agreement (NAFTA) as the trilateral trade agreement between the U.S., Mexico and Canada. With the USMCA now having been approved by both the U.S. and Mexico, only Canada’s ratification of the agreement is now needed before it can go into effect.
On Jan. 15, the Trump Administration and China an...