Nearly 30% of American agricultural exports go to Canada and Mexico. So, yes, U.S. farmers are concerned about NAFTA renegotiations, or, more pointedly, about termination of that 23-year-old agreement. But the entire U.S. economy ought to be worried.
In 2016, U.S. agriculture’s exports to Canada and Mexico of nearly $40 billion of products, including almost $2.2 billion of pork, generated an additional $51 billion of U.S. economic activity and supported about 300,000 full-time American jobs.
America’s farmers can’t afford any disruptions in trade with their neighbors … and neither can the economy.
– Nick Giordano, Vice President and Counsel, Global Government Affairs, National Pork Producers Council