2019 Policy Outlook: Trade, Trade and Trade
The most significant policy issue of 2018 looms large over the outlook for the new year. Ag leaders of both parties say actions on trade in the first half of 2019 will decide agriculture’s fate for years to come.
It’s not just the on-again, off-again haggling with China that dragged soybean markets up and down at breakneck speed, but also the lingering issues of the U.S. Mexico Canada Agreement (USMCA) that still must pass Congressional muster.
“I just think it’s hard for Democrats to vote yes on trade agreements,” said former USDA secretary and senator Mike Johanns (R-Neb.)
With the House turning to Democrat control in January, that could pave a tough road for the USMCA that President Donald Trump negotiated.
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