The U.S. agriculture sector — from pork producers to vegetable farmers — is relishing House Speaker Nancy Pelosi’s agreement to a deal on the U.S.-Mexico-Canada Agreement, but farm groups won’t be satisfied until the House and Senate ratify the trade pact.
House Speaker Nancy Pelosi and Democratic leaders gave the green light on Tuesday to a revised U.S.-Mexico-Canada Agreement and, according to House Ways and Means Committee Chairman Richard Neal, a floor vote on the new North American pact could get a floor vote next week.
Canada is developing biofuel incentives similar to California's and could provide a valuable new market for the U.S. biodiesel industry, which is struggling to increase exports to other countries due to countervailing duties and other barriers.
House Democrats emerged from negotiations Wednesday with U.S. Trade Representative Robert Lighthizer on the U.S.-Mexico-Canada Agreement with a newfound optimism that an agreement on the pact will soon be within reach.
Farming is about community. It always has been. From the earliest known farming communities in ancient Egypt and Mesopotamia to the modern farms punctuating the landscape of Rural America, people have worked together for centuries to cultivate the crops that feed the world.
House Democrats are still far from ready to ratify President Donald Trump’s new version of the North American Free Trade Agreement, but their demands represent just one of the threats to implementation of the updated trade pact that would keep most agricultural tariffs at zero.