IABRN — At this time last year, we were looking at a lot of uncertainty with the trade picture. Uncertainty with China was certainly at the top of our minds. Not far behind that was the uncertainty with the future of a proposed United States – Mexico – Canada Agreement (USMCA), and even after that was a little uncertainty with Japanese trade in the wake of the U.S. pulling out of the Trans-Pacific Partnership. Now, all three of those questions have been answered. We have phase-one trade deals with Japan and China, but we also have signed off on the USMCA pact. All we need is for Canada to follow through on its expected ratification.
So, what’s next?
The U.S. Soybean Export Council (USSEC) is looking at the future with much more optimism. A future where trade questions have been answered. It’s now time to roll up our sleeves and see the benefits of these deals.
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