Recently, the U.S. Dairy Export Council (USDEC) and the National Milk Producers Federation (NMPF) joined other agriculture groups and members of Congress to tout the trade benefits of the U.S.-Mexico-Canada Agreement (USMCA). According to the International Trade Commission, U.S. dairy exports will ultimately increase by more than $314 million a year under USMCA. The U.S. dairy industry also estimates that over the first six years of implementation, USMCA will bolster dairy farm revenue by an additional $548 million.
“USMCA provides a much-needed upgrade to the trade rules, securing a brighter future for the export of American-made food and agricultural products to our North American neighbors,” Tom Vilsack, President and CEO of USDEC, said. “The positive impacts of this trade deal will be felt throughout the economy, as increased exports help drive jobs tied to food and agriculture production across the heartland. Moreover, the passage of USMCA will send a clear message that the U.S. values robust, rules-based trade with our allies and will give the U.S. the momentum necessary to execute a productive trade agenda that delivers positive benefits for America.”
Jim Mulhern, President and CEO of NMPF, also released a statement in a press release.
“Restoring certainty to our trade relationships and bolstering the prospects for dairy exports by passing USMCA will bring important benefits to the dairy farmers and rural economies that rely on these export markets,” said Mulhern. “America’s farmers are counting on Congress and the Administration to work together to secure passage of USMCA, and soon.”
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