IARN — Trade talks are underway between the U.S., Mexico, and Canada, as part of a two-day summit regarding the United States-Mexico-Canada Agreement (USMCA). The agreement is nearing its first anniversary, and there are a handful of issues of concern. There are continuing labor concerns between the U.S. and Mexico and trade barriers in place by Mexico and Canada.
Farm groups have concerns over recent policies by Mexico, including decisions against genetically modified corn and the use of glyphosate, along with concerns over a new Mexican food labeling law aimed at combating obesity.
Regarding Canada, the U.S. dairy industry claims Canada is placing barriers to U.S. products and wants Canada to open markets more quickly. U.S. Trade Representative Katherine Tai told lawmakers last week those issues should be explored, because USMCA includes mechanisms to do so. However, Tai cautions, it’s too early to say if Canada has violated its dairy commitments included in the agreement.
Story courtesy of the Iowa Agribusiness Radio Network
Image source: Wikimedia Commons
