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Sen. John Thune says agriculture will feel immediate benefits of USMCA and China trade deal

Sen. John Thune (R-SD) talks about the trade agreements of the week. (Source: Gray DC)
Sen. John Thune (R-SD) talks about the trade agreements of the week. (Source: Gray DC)(GRAYDC)
Published: Jan. 15, 2020 at 3:20 PM CST
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America will enact two trade agreements this week that Sen. John Thune (R-SD) said will be beneficial for agriculture in his home state.

The Senate is expected to vote on the U.S-Mexico-Canada Agreement to replace NAFTA as early as Wednesday. Sen. Thune said he'll be voting to pass the new measure.

"I think it's good for South Dakota, I think it's good for America," Thune said. "Farmers and ranchers are our bread and butter."

Sen. Thune said USMCA expands on NAFTA by modernizing rules for a digital economy.

Thune also appeared at the White House Wednesday to support President Trump as he signed phase one of the trade agreement with China. The new trade deal includes a commitment from China for $50 billion worth of agricultural goods from the U.S, compared to $14-16 billion in years past.

"My hope would be as soon as that's inked and implemented that we'll start to see some immediate impact," Thune said.

Copyright 2020 Gray DC. All rights reserved.

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