Articles Tagged with ''USMCA''

With a new farm bill enacted and trade wars ongoing, the eyes of U.S. agriculture will shift to the Senate Finance Committee, where farm groups will have a critical ally at the top in new Chairman Chuck Grassley and several more in the panel’s membership.

The Democrats taking over House committees and subcommittees will push back hard against the Trump administration’s environmental policies and put a major focus on climate change, but ag groups will need to find allies on trade and other key issues.

Lawmakers face a packed agenda when the new Congress begins on Thursday, starting with finding a resolution to the government shutdown that hit USDA, the Interior Department and other departments and agencies in December.

President Donald Trump, while talking to reporters aboard Air Force One this weekend, dropped a trade bomb few were expecting: He said he planned to officially notify Mexico and Canada that he will pull the U.S. out of the North American Free Trade Agreement, giving Congress six months to ratify his new trade pact or suffer the consequences.

Republicans hope President Donald Trump’s recent actions to help farmers will boost the rural turnout the GOP needs to avoid disaster in the Nov. 6 mid-term elections. 

In the eyes of the Trump administration, the new trade deal binding the U.S., Mexico and Canada is a model for future agreements, and nowhere is that more evident than in the pact's Agricultural Biotechnology section.

The biotech portion of the U.S.-Mexico-Canada Agreement is just one example of several new ag provisions that were added during the overhaul of the North American Free Trade Agreement – NAFTA 2.0 as some are calling it - over the past year of negotiations.