
House Agriculture Committee Supports USMCA
President Trump might be fine with upending the United States-Mexico-Canada Agreement (USMCA) ahead of the July 1 review deadline, but the House Agriculture Committee is not.
CPA supports reforming trade policy to enable the creation of an agro-industry strategy that increases the prosperity of those producing food and fiber across America.
Trade agreements and World Trade Organization rules have prevented the United States from adopting a domestic agro-industry strategy that helps increase prosperity and prices for farmers and ranchers. Excessive growth of imports in the produce, seafood and meat sectors have impoverished rural communities which rely heavily upon agricultural production. Pursuit of export market opportunities in row crops and grains has benefitted multinational traders but not increased prices or farm income.
CPA supports reforming trade policy to enable the creation of an agro-industry strategy that increases the prosperity of those producing food and fiber across America as well as their communities. Prices and net farm income should be the measures of success rather than volume of cross border trade.

President Trump might be fine with upending the United States-Mexico-Canada Agreement (USMCA) ahead of the July 1 review deadline, but the House Agriculture Committee is not.

The development of GTAP-USL economic model marks another step forward in our efforts to make the GTAP more realistic and a better predictor of the real-world effects of trade policies or trade shocks. It’s critical to build models that provide a better understanding of how policies impact people, families, racial groups, gender, cities and regions. There is still more work to be done.

The free trade, foreign policy apparatus on Capitol Hill is openly advocating for the extension of the African Growth and Opportunity Act (AGOA), with senior committee leaders from both parties coming out in favor of it during a March 3 Center for Strategic and International Studies event about the trade deal’s future.

The Senate Finance Committee agrees on two things: First, the U.S. Mexico and Canada Agreement (USMCA) isn’t perfect and a number of issues need fixing. Second, they don’t want tariffs.

The Commerce Department should look to 7 C.F.R. Part 6 as a terrific example of how USDA has ensured that quota allocation benefits domestic manufacturers, not speculators.

If Argentina imports aren’t lowering supermarket beef prices, perhaps an investigation into the cartelization of the big, globalist meat packers will finally have an impact?