On Wednesday, USMCA officially replaces NAFTA as the tri-lateral trade agreement between the U.S. Canada and Mexico. Chuck Grassley, chairman of the Senate Finance Committee, said USMCA ends decades of Canada blocking imports of U.S. wheat, dairy, and poultry, as well as deal with Mexico’s trade barriers.

“This new agreement will provide certainty to our farmers and ranchers, and update NAFTA in other important areas. And I’ve already mentioned the digital economy, but also, customs, sanitary and phytosanitary measures, and technical standards. And it even helps on intellectual property.”

USMCA will also give the U.S. tools to deal with continuing trade problems.

“There are some troubling signs out there of people using COVID as a reason to put up trade barriers," noted House Ag Chair Collin Peterson. "We see some ‘monkey business’ going on in Mexico. We continue to learn about the Canadians and what they’re up to with dairy policy. So, we need to be vigilant and we need to make sure that the agreement is enforced.”



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