May 17, 2019US vegetable exports could benefit from latest trade concession
U.S. vegetable exports could benefit from President Donald Trump’s latest executive action.
On Friday, May 17, Trump removed Section 232 steel and aluminum tariffs on Canada and Mexico.
Secretary of Agriculture Sonny Perdue expects the U.S.’s North American trading partners to act swiftly in their response. In addition, the lifting of the Section 232 tariffs should ease the way for ratification of the USMCA trade deal.
“Today’s announcement is a big win for American agriculture and the economy as a whole,” said Sonny Perdue in a statement. “I thank President Trump for negotiating a great deal and for negotiating the removal of these tariffs. Canada and Mexico are two of our top three trading partners, and it is my expectation that they will immediately pull back their retaliatory tariffs against our agricultural products.
“Congress should move swiftly to ratify the USMCA so American farmers can begin to benefit from the agreement.”
