Canada’s Minister of Agriculture, Mexico’s Secretary of Agriculture joined Perdue and took questions from the audience. They didn’t have many answers when asked when steel and aluminum tariffs may be lifted.
Dairy organizations and cooperatives in the U.S. approve of the latest developments in the U.S.-Mexico-Canada Agreement. Canadian farmers aren’t expressing the same sentiments.
Despite the fact that the average farmer only milks three cows, dairy is India’s No. 1 economic driver and an industry that is gaining new tech tools almost weekly.
The threat of new tariffs placed on Mexico has dairy group leaders worried about the impacts to trade with one of the U.S. dairy industry’s largest partners.
Shutting down access to the U.S.-Mexico border could impact a relationship between the largest buyer of dairy exports which has two dairy cooperatives concerned.
The possible loss of trade with Mexico and China could result in a $1.154/cwt loss to dairy farmers in the U.S. totaling $2.77 billion in annual losses.
While still negotiating with Canada and the US, Mexico scored a separate victory over the weekend with a deal in principle to update a 17-year-old free-trade agreement with the European Union.
President Donald Trump said the U.S. won’t lower tariffs on steel and aluminum from Mexico and Canada unless the two countries agree to a revamped Nafta that’s fair to the U.S.
The Republican congressman whose district spans one-third of the U.S.-Mexican border, says over 1,000 ranchers and farmers will be impacted if plans to build a border wall proceed.
Justin Trudeau’s latest mission to bolster NAFTA ended on an upbeat note, as the Canadian leader said there’s still a “clear path” to a deal while pushing back against U.S. President Donald Trump.
The U.S.-Mexico-Canada Agreement (USMCA) is expected to be officially signed Friday, but Mexico first wants the U.S. to lift its metals tariffs, says Jim Wiesemeyer of Pro Farmer.
