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Trade deals position US farmers for ‘record year of exports': US agriculture secretary


Added 01-20-20 10:04:03am EST - “Agriculture Secretary Sonny Perdue has high expectations for exports since the USMCA and U.S.-China trade deals arrived.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “Trade deals position US farmers for ‘record year of exports’: US agriculture secretary”. Below is an excerpt from the article.

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Agriculture Secretary Sonny Perdue discusses the impact of USMCA on farming and the price of produce.

Agriculture Secretary Sonny Perdue told FOX Business’ Dagen McDowell on Monday that he expects next year to be a “record year of exports,” thanks to the U.S. Mexico Canada Agreement (USMCA) and U.S.-China trade deal.

Phase one of the U.S.-China trade deal was signed by President Trump and Vice Premier Liu He last week, and calls for China to purchase up to $50 billion worth of U.S. agriculture. The USMCA also passed through the Senate last week with $1.3 trillion in commerce with Canada and Mexico, the U.S.'s two biggest trading partners.

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