USMCA and spuds

USMCA and spuds

David Sparks Ph.D.
David Sparks Ph.D.
We have all heard so much about the USMCA and now President Trump celebrated a rare bipartisan achievement when he signed into law a revamped trade deal with Mexico and Canada. National Potato Council president Kam Quarles gives those of us in Idaho reasons to celebrate as well. That's pretty exciting. So Mexico and Canada make up two of our top three export markets. They're collectively about 300 million annually in potato exports. Japan is the other that's Japan is our largest export market. So with USMC A being ratified, it takes these retaliatory tariffs off the table that we're compromising those markets over the past couple of years. And it really sets new terms of trade for the coming years. It's a revision of NAFTA. It's not a revolution. It's an evolution, but it's a very necessary evolution. And so we're excited about that. The other big thing is this in getting USMC eight of the finish line. It tells all the other countries that we're negotiating with that the U.S. is serious about not only sitting down and negotiating, but getting things approved and getting back to business. And so it's a very important thing, both on the substance and then also on the messaging for future agreements.
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