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ARTICLE · 21 OCTOBER 2019

The USMCA And Its Impact On Agriculture

Norton Rose Fulbright Canada LLP
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The United States-Mexico-Canada Agreement (USMCA) is antipcipated to replace the North America Free Trade Agreement (NAFTA) on January 1, 2020.

CanadaInternational Law
Kathy L. Krug
Kathy L. Krug
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Introduction

The United States-Mexico-Canada Agreement (USMCA) is antipcipated to replace the North America Free Trade Agreement (NAFTA) on January 1, 2020. Mexico is the sole party of the trilateral agreement to ratify as of the date of printing, which they did on June 19, 2019. Canada's International Trade Minister Chrystia Freeland had expressed that Canada would quickly ratify as well, but on October 21, 2019 Canadian federal election has complicated these efforts. On June 20, 2019 the bill had its second reading in the House of Commons and the bill was referred to the Standing Committee on International Trade. The United States ratification of the agreement is a bit more of an open question as well. Opening markets in agricultural and agri-food products will continue to represent a significant area of challenge for each party in the trilateral trade deal, given the impact on certain producer groups.

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