The U.S.-Mexico-Canada Agreement (USMCA) was signed by the U.S., Mexico and Canada on November 30, 2018. The agreement strengthens and modernizes the North American Free Trade Agreement (NAFTA). For the U.S. dairy industry, USMCA preserves the Mexican market, eliminates Canada’s Class 7 pricing program, increases market access to the Canadian market and strengthens provisions to protect common cheese names.
Congressional passage of the USMCA will support the profitability of U.S. dairy companies, enhance their global competitiveness, and support nearly 3 million American jobs. Success of the U.S. dairy industry depends on our critical North American partnerships. Trade with Canada and Mexico account for about 40% of U.S. dairy exports. Our North American partners purchase nearly $2 billion in dairy products annually from the U.S.
IDFA Members can see more detailed analysis and information if they login in at the top of the page.
For information about IDFA membership, contact us at email@example.com.