USMEF Audio: Canadian Approval of USMCA Next Step to Implementation
March 17, 2020
In the audio clip below, U.S. Meat Export Federation (USMEF) President and CEO Dan Halstrom explains that when implemented, USMCA will solidify trade relations in North America and preserve duty-free access to Canada and Mexico for U.S. pork, beef and lamb, according to a federation release.
Last year U.S. pork exports to Canada were nearly 215,000 metric tons, the largest since 2013. Export value was more than $800 million – the highest since 2014, the release notes. This is strong performance considering that Canadian pork had been shut out of China for almost six months. Now that Canada is exporting to China again, domestic supplies are expected to tighten, which should open additional opportunities for U.S. pork in Canada.
U.S. beef exports to Canada trended lower in 2019 but still topped $650 million. Exports of cooked and prepared beef products were impacted in the first half of the year by retaliatory duties imposed as part of the steel and aluminum tariff dispute, the release says. Halstrom notes that implementing USMCA could help the U.S. industry avoid this type of situation in the future.