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Rick Worthington NAFTA Round 6
by Rick Worthington, click here for bio

Program: Farm and Ranch Report
Date: January 25, 2018

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There is no new NAFTA agreement yet, but negotiations resumed this week...but there are some that are getting anxious, and are ready for the talking to be over and a deal to be hammered out.

U.S. Senator Tammy Baldwin from Wisconsin, says trade is vitally important to all sectors of the U.S. economy, including Agriculture, but the U.S. needs fair trade agreements.

Baldwin says the Trump administration needs to double down its efforts to renegotiate NAFTA

Meanwhile, she says if the Trump administration chooses to withdraw from the agreement, there are things that the Senate could do to put pressure on the administration, but the Senate can’t necessarily reverse the action.

There is alot on line..

Washington’s NAFTA partners Mexico and Canada, seeking to reduce their dependency on the United States, are aiming to cement closer trade and investment ties with China. Beijing is pushing ahead with its $1 trillion “Belt and Road” infrastructure initiative that promises to vastly expand its economic and diplomatic influence. Eleven other Asia-Pacific nations are moving forward with the Trans-Pacific Partnership (TPP) trade agreement, despite the Trump administration’s exit from the deal in one of the president’s first acts in office.

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