Trade with Mexico and Canada delivers significant economic benefits to rural communities across the U.S. That’s according to new economic analysis released this week by the Agricultural Coalition for the U.S.-Mexico-Canada Agreement.

 

During a press conference in Washington, D.C., coalition members highlighted the findings and urged leaders of the three countries to renew and further strengthen USMCA as the agreement enters its formal review period.

 

“Our analysis shows that USMCA is a powerful driver for employment, investment, and long-term competitiveness in the U.S. agricultural sector,” said Krista Swanson, chief economist for the National Corn Growers Association, a coalition member.

 

“While the agreement is due for a few targeted improvements, overall, it’s critical to the farm economy and a key part of rural America’s success and resilience, particularly during the tough economic times that we’re in right now.”

 

Among the coalition’s findings, agricultural and seafood exports to Canada and Mexico generated $149 billion in total economic output.

 

When it comes to Northwest numbers, the Coalition says USMCA has been responsible for (ag sales):

  • $2 billion in total sales for Washington; $1.1 billion to Canada, and $943 million to Mexico
  • $656 million in total sales for Oregon; $540 million to Canada, and $116 million to Mexico
  • $669 million in total sales for Idaho; $438 million to Canada, and $260 million to Mexico

 

Click Here to learn more about the Agricultural Coalition for USMCA.

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