April 30, 2019
US pork producers council supports ratification of US-Mexico-Canada trade deal
The National Pork Producers Council of the US is in favour of the ratification of the US-Mexico-Canada (USMCA) trade agreement which will maintain "zero-tariff access to markets that represent more than 30% of total US pork exports," its vice president and counsel for global government affairs, Nick Giordano said in mid-April.
"The US International Trade Commission (USITC) issued its evaluation of the US-Mexico-Canada (USMCA) trade agreement and its impact on the US economy, a required step before Congress can consider ratification of the deal," an NPPC press release stated.
"USITC concluded that USMCA will have an overall favorable impact on the US economy, increasing US exports to Mexico and Canada by nearly seven and six percent, respectively."
Giordano commented: "We are eager to see the removal of US metal tariffs that prompted Mexico's 20% retaliatory tariffs nearly a year ago. Members of Congress have said that ratification of USMCA will be delayed and the benefits of the agreement diluted as long as this trade dispute goes unresolved.
"The value of US pork exports to Mexico are down 32% this year due to punitive tariffs. Our farmers need zero-tariff trade restored to our largest export market."
NPPC has designated USMCA ratification as a "key vote" and will closely monitor support of the agreement among members of Congress. US pork exports to Mexico and Canada are said to have supported 16,000 US jobs.