At the G-20 summit in Buenos Aires, Argentina, the U.S.-Mexico-Canada Agreement (USMCA) was signed and the White House announced that the U.S. and China will enter negotiations on several key trade issues, including agricultural trade.
“USMEF supports the Trump administration’s efforts to finalize the USMCA and to continue seeking resolution of the metal tariffs dispute with Mexico and Canada, which resulted in retaliatory duties on U.S. pork and beef,” said Dan Halstrom, U.S. Meat Export Federation (USMEF) President and CEO. “U.S. meat exports have also become entangled in trade disputes with China, so it is encouraging to see the U.S. and China return to the negotiating table. Global demand for U.S. red meat is very strong, but exports cannot reach their full potential until the retaliatory duties imposed by Mexico, China and Canada are removed.”