Mexico has already ratified the deal but Canada still needs to do so
By Diego Flammini
President Trump is expected to put his signature on a trilateral trade agreement this week.
The president will participate in a United States-Mexico-Canada Agreement (USMCA) signing ceremony on Wednesday at the White House, multiple reports indicate.
“This is a major accomplishment for the president and he will be taking this on the road in the coming weeks,” an administration official told Reuters.
Last week, the Senate voted 89 to 10 in favor of approving the agreement and sending the deal to the president’s desk for signature.
Mexico has already ratified the agreement and Canada is expected to begin the ratification process this week.
As part of the agreement, U.S. wheat will be graded on the same plane as Canadian wheat.
Representatives from wheat-producing states are excited about the opportunities the USMCA provides.
“Kentucky’s farmers are ready to take advantage of USMCA’s innovations that will strengthen and expand markets for their crops,” Sen. Majority Leader Mitch McConnell wrote in a guest op-ed on Jan. 24. “Canada and Mexico bought more than (US)$300 million of the Bluegrass State’s agricultural products in 2018. At a time when Kentucky growers are tightening their belts, we should do everything in our power to encourage more consumers to buy their wonderful products.”
Farms.com has reached out to farm groups for comment on the USMCA signing.