New Report Finds Retaliatory Tariffs will Negate USMCA Export Gains
Market access improvements included in the U.S.-Mexico-Canada Agreement (USMCA), which are expected to increase U.S. agricultural exports by $450 million, mostly in the poultry and dairy sectors, will be offset by retaliatory measures taken by Canada and Mexico in response to the U.S.’s steel and aluminum import tariffs, according to a new analysis commissioned by the Farm Foundation.
Under the USMCA, meat product exports are projected to...
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