Ag News
Canadian Parliament approves USMCA
Posted on Mar 25, 2020 at 0:00 AM
The United States, Canada and Mexico can move forward with implementation of the United States-Mexico-Canada Agreement (USMCA) after Canada’s parliament passed the trade deal and Canada Governor General Julie Payette approved it on March 13.
Mexico ratified the agreement in June 2019. The U.S. House passed USMCA in December 2019 and President Donald Trump signed it on Jan. 29, 2020.
According to the USDA, the pact includes a number of measures that should benefit U.S. agriculture. Among them are increased access for U.S. dairy producers to Canadian markets, increased access to Canadian markets for U.S. poultry and egg producers.
“USMCA is a great victory for America’s agriculture industry, and I am pleased to see Canada’s Parliament approved the deal,” said U.S. Secretary of Agriculture Sonny Perdue. “We will continue to work with both Canada and Mexico in implementing this agreement.”
Canada and Mexico are the U.S.’ top two export markets for U.S. food and agricultural products, totaling more than $39.7 billion worth of food and ag exports in 2018 and supporting more than 325,000 American jobs.
“USMCA is the gold standard by which all future trade agreements will be judged, and citizens of all three countries will benefit for years to come,” United States Trade Representative Robert Lighthizer said.
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