Arkansas Officials Hopeful For An Agri-Friendly NAFTA Renegotiation

Governor Asa Hutchinson has submitted letters to the president encouraging favorable positioning of agriculture during efforts to rewrite trade deals, Arkansas Farm Bureau President Randy Veach said.

Trade has been a hot-button issue as President Donald Trump’s administration renegotiates the North American Free Trade Agreement. One-third of Arkansas’s nearly $16 billion agriculture economy is generated through exports. Arkansas enjoys a net-plus trade deficit with Canada and Mexico, one of the few states to do so.

“Canada and Mexico are our largest trading partners,” Veach said. “These neighbors are vital to farmers and ranchers. We agree that some changes need to be made with NAFTA, but we are hesitant to disrupt the flow of U.S. farm products to our neighbors to the north and south.”   MORE

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