Trade group calls for continued stability in North American agriculture
The North American Equipment Dealers Association (NAEDA) has urged the U.S. Trade Representative to reaffirm and renew the United States–Mexico–Canada Agreement (USMCA) without delay. The association, which represents around 4,500 farm, industrial, and outdoor equipment dealers across North America, stressed that the agreement is vital for the agricultural economy and equipment trade among the three nations.
“The USMCA has proven to be a cornerstone of stability and competitiveness for American farmers, ranchers, and equipment dealers,” said NAEDA CEO, Brett Davis. “We urge U.S. trade officials to reaffirm their commitment to this vital agreement and ensure its renewal without disruption.”
Since the USMCA came into effect, it has strengthened trade relationships and increased agricultural exports. According to the U.S. Department of Agriculture’s Economic Research Service, U.S. exports to Canada and Mexico have risen by 46%. Agricultural exports to Mexico have grown by 9.3% annually, and to Canada by 5.7% since 2019.
NAEDA noted that U.S. farm equipment production and export are closely tied to the agreement’s zero-tariff benefits. Nearly one-third of domestically produced farm equipment is exported, and American dealers rely on a steady supply of parts and machinery from Canada and Mexico.
“Zero-tariff access has expanded the competitiveness of U.S. agriculture and manufacturing,” said Davis. “The success of our dealers and the farmers they serve depends on the certainty and continuity of this agreement.”
The association called for an uninterrupted renewal of the USMCA to maintain North America’s trade predictability, stability, and shared prosperity.
Photo Credit: pexels-fauxels