From Cattle Industry Conventon 2018- Kent Bacus Sees Positives in Montreal NAFTA TalksWed, 31 Jan 2018 05:48:42
Kent Bacus, NCBA's Director of International Trade and Market Access, has just returned from Montreal where the latest round of talks were held by the US, Canada and Mexico regarding the reworking of the North American Free Trade Agreement. Bacus sat down at the 2018 Cattle Industry Convention in Phoenix and talked about this Ministerial Round of talks on NAFTA with Radio Oklahoma Ag Network Farm Director Ron Hays.
He tells Hays that "We are in a much better place than where we have been" in regards to progress on negotiating a new and improved NAFTA. Bacus believes that the President is less likely to pull the United States out of NAFTA at this stage of the talks- and he is hopeful that susbtantial work can be done in the next two rounds in February and March.
After that- it could be difficult to get much accomplished the balance of the year because of elections in both Mexico and the United States.
Hays and Bacus also talked about the news reports that the 11 nations that moved forward without the United States on the Trans-Pacific Partnership (TPP) have reached a final agreement. Bacus says that it is very disappointing that the US is on the outside looking in- especially with the continued high tariffs that the US has to deal with in the top US market for US beef- Japan.
Bacus is dubious that the Japanese have any interest in doing a bilateral deal with the US to address this issue or other points of contention between the two countries- saying the the Japanese have doubled down and put all of their negotiating resources into concluding the TPP.
Bacus also expressed frustration with the continued hold by Arizona Senator Jeff Flake on the nomination Greg Doud to the Ag Negotiator for the USTR's office- saying it is inexcusable for this to continue.
You can hear the complete conversation between Bacus and Hays by clicking on the LISTENBAR below.
Coverage of the 2018 Cattle Industry Convention and NCBA Trade Show is powered by Farm Data Services of Stillwater- click here to learn more about how they can help your farm or ranch operation's bottom line in a variety of ways.
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