The North American Free Trade Agreement has been overwhelmingly beneficial for U.S. farmers and ranchers—and their counterparts in Canada and Mexico—but there are several good reasons to update and reform NAFTA from agriculture’s perspective, according to the American Farm Bureau Federation.
Under NAFTA, U.S. farmers and ranchers have seen their exports to Mexico and Canada grow significantly, from $8.9 billion in 1993 to $38 billion in 2016.
While some of the areas prime for improvement are commodity-specific, others apply sector-wide, such as reducing redundant regulatory costs, expediting transit across borders and hastening the resolution of disputes between members, Dale Moore, AFBF’s executive director of public policy, noted in comments recently submitted to the U.S. Trade Representative.
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