Today’s action by President Donald Trump to sign the U.S.-Mexico-Canada Agreement promises to secure important markets for California food and agricultural products. California Farm Bureau Federation President Jamie Johansson said the trade agreement assures improved flow of trade with Canada and Mexico.

“President Trump’s signature finalizes U.S. adoption of the agreement and puts us that much closer to realizing its full benefits,” Johansson said. “Once it’s implemented, the agreement will help farmers, ranchers and thousands of other Californians whose jobs are tied to agricultural exports.”

Canada ranks second among foreign customers for California farm products; Mexico ranks fifth. Combined farm exports to the two nations totaled more than $4.3 billion in the most recent statistics.

“Agricultural exports add vitality to rural areas and create urban jobs at ports, marketing firms and other businesses,” Johansson said. “The USMCA will help California farmers and ranchers retain and enhance sales throughout North America.”

The president’s signature means the U.S. and Mexico have ratified the agreement. The Canadian Parliament is expected to vote on the agreement soon.

Source: California Farm Bureau Federation, which is solely responsible for the information provided and is wholly owned by the source. Informa Business Media and all its subsidiaries are not responsible for any of the content contained in this information asset. 

Related:Trump signs USMCA