The United States, Canada and Mexico officially signed a new trade agreement on November 30. The U.S.-Mexico-Canada Agreement will replace the North American Free Trade Agreement. At the signing ceremony in Buenos Aires, Argentina, President Donald Trump called the USMCA the largest, most significant, modern and balanced trade agreement in history. “As part of our agreement, the United States will be able to lock in our market access to Canada and Mexico and greatly expand our agricultural exports. That’s something we’ve been wanting to do for many years,” said Trump. “This is an amazing deal for our farmers. It allows them to use cutting edge biotechnology and eliminates non-scientific barriers.”
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.