Agricultural News
USDA Undersecretary Ted McKinney is Upbeat on Completing USMCA and Reaching the Phase One Deal with China
Sat, 02 Nov 2019 04:07:54 CDT
Ted McKinney, U.S. Department of Agriculture Under Secretary for Trade and Foreign Agriculture Affairs, spoke on Friday in Lucas Oil Stadium to the 2019 National FFA Convention- offering greetings from USDA on behalf of US Secretary of Ag Sonny Perdue, who was unable to attend the 2019 Convention.
After his remarks, Radio Oklahoma Ag Network Farm Director Ron Hays caught up with McKinney backstage- and they talked the key trade issues impacting US farmers and ranchers. McKiney shared that he is very hopeful that a vote to ratify the USMCA will happen this calendar year. He worries that the official transmission of the new trade deal has not yet been sent to Congress- and that could still be a roadblock. Still, he remains optimistic that Trade Ambassdor Lighthizer and the House Democrats will come to a solution which will result in a vote.
McKinney also talked about the deal with Japan and the ongoing discussions with China that are headed toward a Phase One Agreeement. He tells Hays that in the case of Japan, only a vote by the Japanese Diet, their legislative body, stands in the way of the deal being final- he fully expects tha to be done in the near future.
On China- he looks forward to the deal bringing more ag sales back to the United States- but he adds that the deal will be a net positive on some of the structural issues that the Chinese have long used to manipulate trade with not just the US- but with many of their other trade partners too.
You can listen to Hays and Undersecretary McKinney by clicking on the LISTEN BAR below.
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