ALBERTA, Canada (RFD News) — The U.S. decision not to renew the U.S.-Mexico-Canada Agreement is prompting reaction from Canada’s agriculture industry.
RealAg Radio host Shaun Haney joined us on Thursday’s Market Day Report to discuss the agreement from the Canadian perspective.
In his conversation with RFD News, Haney says the announcement was widely expected and moves USMCA into a period of annual reviews through 2036. He says the agreement remains in place, but all three countries will need to reach a new agreement before it expires.
Haney says Canadian agriculture continues to support USMCA and believes the agreement has benefited producers and consumers across all three countries.
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Producers say the agreement helps fill cattle supply gaps and supports beef processors across the region.
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Industry groups say the trade pact has strengthened exports and remains essential to U.S. agriculture.
