Mexico's top North American negotiator, Jesús Seade, is upbeat that the White House and lawmakers can reach an agreement on the U.S.-Mexico-Canada (USMCA) agreement before Thanksgiving.
Seade is basing his optimism on conversations held with House Speaker Nancy Pelosi and U.S. Trade Representative Robert Lighthizer last week. Seade believes a vote on USMCA will come up in the House before the holiday.
Talks between congressional Democrats and Trump administration officials over changes to the pact with Canada and Mexico were in the “last mile,” Pelosi said. She will allow a vote on USMCA in return for concessions on labor and enforcement provisions.
AgDay’s Clinton Griffiths said Pelosi is optimistic an agreement can be reached if they can come to terms.
USMCA, a renegotiation of the North American Free Trade Agreement, will allow farmers to see increased market access and updated regulatory standards that will strengthen trade and foster a more fair trade environment.
Earlier this fall, pork producers met in Washington, D.C., to “ask” Congress to move forward with ratifying USMCA, says Jim Monroe, NPPC assistant vice president, communications.
“Mexico and Canada represented about 40% of total U.S. pork exports last year,” Monroe says. “We want to see 0% tariffs pork trade secured in North America for the long-term.”
Mexico is the largest-volume export market for U.S. pork, while Canada ranks as one the top five pork export markets each year. The two countries are valuable export markets for other agricultural commodities as well.
Watch the segment on AgDay TV.