Senate Agriculture Committee Chairman Pat Roberts says “trade is more than a product crossing a border,” in a speech while outlining all facets of seed planted in the U.S. may lead to during its export journey, including the combine, processing facilities and employees along the way. The comments come as worry remains that the U.S. may withdraw from the North American Free Trade Agreement (NAFTA).
Addressing the Washington International Trade Association, Roberts said Tuesday that U.S. ag exports have grown because of trade agreements, like NAFTA. Roberts, along with his Kansas counterpart in the Senate, Senator Jerry Moran, have been pressing the agriculture community to stress the importance of trade to the Trump administration. Roberts said over the weekend that he spoke with the President regarding NAFTA at the White House Christmas party, and Trump said: “We’re going to be all right on NAFTA.”
However, many, including Goldman Sachs, believes the U.S. will withdraw from NAFTA before the talks are completed.
From the National Association of Farm Broadcasting News Service.