NAFTA

NAFTA Renegotiation Puts Agriculture Groups On Edge

May 19, 2017
File: Abbie Fentress Swanson / Harvest Public Media

As the Trump administration takes the initial steps toward renegotiating one of the country’s most influential and controversial trade deals, groups that represent farmers and ranchers are already waving a caution sign.

President Trump has made it clear: he wants changes to NAFTA -- the North American Free Trade Agreement. The wheels of renegotiation are in motion after U.S. Trade Representative Robert Lighthizer sent a letter to Congressional leaders indicating that intention. The president is required to give Congress 90 days notice before opening up trade talks.

Free trade agreements like NAFTA have generally eased restrictions on Corn Belt farmers selling their corn and soybeans to markets all over the world.
File: NET Nebraska

The North American Free Trade Agreement, or NAFTA, has been very good to many Midwest agriculture producers. That’s why many farmers and ranchers are nervous about President Donald Trump’s promise to either completely dismantle, or at least renegotiate, the free-trade agreement between the U.S., Mexico and Canada.