A report by the University of Illinois Department of Agricultural and Consumer Economics says the new USMCA -United States-Mexico-Canada-Agreement – is not very different from the North American Free Trade Agreement that it’s meant to replace, “I don’t even call it NAFTA 2.0. It’s really NAFTA 1.01. It’s really not that different from the old agreement.”
Kathy Baylis, one of the co-authors of the report, tells Brownfield the only real difference for agriculture is in the dairy portion which opens up 10% of Canada’s dairy market and gets rid of its Class 7 pricing system, “It’s not a huge market.
Continue reading U of IL: USMCA is NAFTA 1.01 at Brownfield Ag News.
