Nov. 20, 2017 – – Almond Alliance of California and 167 other organization endorsed a letter sent to all governors, state ag commissioners and state leaders of economic development underscoring the importance of the North American Trade Agreement to the U.S. food and agriculture industry and expressing concern about the potential of a withdrawal for this critical trade agreement.
If President Trump were to withdrawal from the existing trade agreement the negative impact on the U.S. would far outweigh any benefits from higher U.S. tariffs, including a net loss of 256,000 U.S. jobs, a net loss of at least 50,000 jobs in the U.S. food and agriculture industry, and a drop in GDP of $13 billion from the farm sector alone. NAFTA withdrawal would also disrupt critical industry supply chains, close markets, eliminate jobs, and increase prices for the basic needs of American consumers.
Additionally, a letter was sent to United States Trade Representative, Ambassador Lighthizer, in support for NAFTA’s trucking provisions. This letter urges the Ambassador not to eliminate NAFTA’s trucking provisions in an updated agreement. Our industry strongly depends on the trucking industry, both American and Mexican, to safely and efficiently haul our products in both countries. Eliminating NAFTA trucking, including any investment protections, would have a long-term negative impact on our businesses.
Almond Alliance was one of 102 trade associations to sign on to this letter.