June 22, 2017

June 21, 2017

Subscribe to Latest Legal News and Analysis

June 20, 2017

Subscribe to Latest Legal News and Analysis

June 19, 2017

Subscribe to Latest Legal News and Analysis

NAFTA Renegotiation Would Intend to Benefit Farmers, Ranchers

In recent weeks, the Trump administration took the first step toward renegotiating the North American Free Trade Agreement (NAFTA). Robert Lighthizer, United States Trade Representative (USTR), sent a letter to Congress placing Congress on official notice of the Administration’s intention to renegotiate the Agreement with an eye toward advancing the interests of U.S. farmers, ranchers, workers, and businesses. The USTR’s notice to Congress created a ninety-day window before formal negotiations could begin. According to Michigan Farm Bureau (MFB) Associate National Legislative Counsel, John Kran, “This is the opportunity for the country to react to the President’s notice, and for feedback from voters and members of Congress to get surfaced and shared with the Administration before the formal negotiation process can begin.” The Administration hopes to renegotiate a new NAFTA within the next six months.

In a formal statement, Zippy Duvall, American Farm Bureau Federation (AFBF) President, said the American Farm Bureau will work with the Administration, Congress, other agricultural groups as well as with officials in Canada and Mexico to rectify issues with NAFTA which have limited the trade potential of U.S. farmers, ranchers, workers and businesses. Sonny Perdue, U.S. Secretary of Agriculture, issued the following statement: “While NAFTA has been an overall positive for American agriculture, any trade deal can always be improved. As President Trump moves forward with renegotiating with Canada and Mexico, I am confident this will result in a better deal for our farmers, ranchers, foresters, and producers.” Sonny Perdue acknowledged that while NAFTA has been good for farmers, the same cannot be said for other U.S. industries, such as manufacturing.

To stay informed on the progress of NAFTA modernization, visit the Michigan Farm Bureau's new Trade page

Nafta Renegotiation

© 2017 Varnum LLP

TRENDING LEGAL ANALYSIS


About this Author

Aaron M. Phelps, Varnum, corporate governance disputes attorney, telecommunications lawyer
Partner

Aaron's practice is primarily focused on commercial litigation - in Michigan and around the country. His practice includes complex contract and corporate governance disputes, telecommunications and energy matters, and health care litigation. Most recently Aaron has been representing over 60 companies in lawsuits against Blue Cross Blue Shield of Michigan for ERISA violations (first trial resulted in $6 million judgment).

Aaron also has expertise in the environmental area, having defended civil enforcement proceedings, conducted contested case...

616-336-6257