A White House adviser says the U.S.-Mexico-Canada Agreement (USMCA) is a model for future trade agreements. USMCA will replace the North American Free Trade Agreement (NAFTA), if approved. Kevin Hassett,…
McConnell: No NAFTA 2.0 Vote This Year
As expected, the U.S. Senate will not consider the updated North American Free Trade Agreement (NAFTA), known as the U.S.-Mexico-Canada Agreement (USMCA), in 2018. Senate Majority Leader Mitch McConnell told…
Trudeau Says USMCA Keeps China Trade Door Open
…agreement is interpreted to forbid deals with “non-market” countries, such as China. Specifically, the provision specifies that if one of the current NAFTA partners enters a free trade deal with…
USMCA Predicted to Boost Protein Exports
…this year. The report also says that the USMCA seems to be a combination of terms from NAFTA and the Trans-Pacific Partnership, which the president dumped just days after taking…
Senator Corker Has Concerns Regarding New NAFTA
The top lawmaker on the Senate Foreign Relations Committee expressed concerns this week regarding the new trade agreement between the U.S., Mexico and Canada. Bob Corker of Tennessee told The…
Congress Could Press for NAFTA Vote This Year
…this year, given that trade is such a volatile issue in the U.S. and that NAFTA has faced widespread criticism. However, Senate Finance Committee chairman Orrin Hatch has said the…
USMCA Deters China’s Efforts of FTA’s With Mexico, Canada
A clause in the upgraded and renamed North American Free Trade Agreement (NAFTA) nearly forbids deals with “non-market” countries, such as China. The language deep in the new U.S.-Mexico-Canada Agreement…
USMCA Trade Deal Sets Stage for Addressing China Trade
…in the midst of a tit-for-tat trade war started by President Trump. The Wall Street Journal says the U.S. should “follow this template” from the NAFTA talks to engage with…
Canada Dairy Industry: New NAFTA a Bad Outcome
…North American Free Trade Agreement (NAFTA) includes allowing the U.S. expanded dairy market access. Canada’s dairy industry says the concessions show Canada is “willing to sacrifice our domestic dairy production…
USMCA: No Pathway Forward for Beef Labeling
…a letter to President Trump outlining how they believed a modernized NAFTA could reinstate COOL and “prevent U.S. agriculture jobs from being outsourced to other countries that can produce beef…
New NAFTA Faces Long Road Before Implementation
The updated North American Free Trade Agreement (NAFTA) has many procedural hurdles to pass before farmers and ranchers can see any benefits. President Trump called the agreement a “promise kept”…
Groups Respond to New US-Mexico-Canada Agreement
…American Free Trade Agreement (NAFTA). “The outlines of the NAFTA pact remain intact, which will allow the U.S. agricultural sector to continue developing new international markets for our farmers,” said…
Canada Joins Trade Accord to Replace NAFTA
Canada has agreed to join the trade accord between the U.S. and Mexico, effectively replacing the North American Free Trade Agreement (NAFTA). The announcement comes after Mexico and the U.S….
U.S. Will Publish NAFTA Text Friday
Bloomberg says the Trump Administration will release the text of a bilateral trade agreement with Mexico on Friday. While the text will likely exclude Canada, it will leave open the…