President Donald Trump announced the new U.S.-Mexico-Canada agreement (USMCA) during a Rose Garden press conference Monday. During his remarks, he talked about how the agreement benefits U.S. farmers.
This new deal is an especially great victory for our farmers. Our farmers have gone through a lot over the last 15 years. They’ve been taken advantage of by everybody. Prices have gone way down. And we’re working on some other deals that are going to make them very happy also.
But this is a very, very big deal for our farmers. Mexico and Canada will be opened up a lot more than they are now. And I think there will be a better spirit between the three countries, which is important for our farmers.
The agreement will give our farmers and ranchers far greater access to sell American-grown produce in Mexico and in Canada.
The deal includes a substantial increase in our farmers’ opportunities to export American wheat, poultry, eggs, and dairy — including milk, butter, cheese, yogurt, and ice cream, to name a few. I want to be very specific.
And many other products — but those products were not really being treated fairly, as far as those that work so hard to produce them. And now they’re going to be treated fairly.
Under the agreement, Canada will eliminate its “Class 7” program that allows low-priced dairy ingredients to undersell American dairy products.
Audio – President Trump announces USMCA benefits for agriculture