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North America / Industry News & Trends / Business & Markets
on November 7, 2018

Report: USMCA will cause US ag exports to decline by $1.8B

Small gains made by trade agreement will be negated by retaliatory tariffs, study says

A new report says the United States-Mexico-Canada Agreement (USMCA) will expand U.S. agricultural exports by $450 million, but those gains will be negated by retaliatory tariffs by Canada and Mexico against the U.S.

The study, “How U.S. Agriculture Will Fare Under the USMCA and Retaliatory Tariffs,” was commissioned…

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