Chief Agriculture Negotiator, Ambassador Gregg Doud highlights the importance of updating the North American Free Trade Agreement. Doud says it is crucial for the revamped agreement to benefit U.S. agriculture.
“Our exports are somewhere in the neighborhood of $138 to $140 billion a year in U.S. Ag exports. NAFTA accounts for roughly $38 billion of that,” Doud said. “Just about whatever commodity you want to discuss, Canada and Mexico are two of the top four markets.”
Outside of NAFTA, United States trade officials are looking to enhance working relationships with Japan and southeast Asia. Officials are also searching and hoping to discover new and different markets for future opportunities.