DES MOINES — This week, President Trump signed a phase one trade agreement with China and has been handed an approved USMCA Trade Agreement from Congress.
In spite of the overwhelming shadow of impeachment proceedings on Capitol Hill, the USMCA passed with bipartisan support in an 89-10 vote. The deal will replace NAFTA as a trade agreement between the United States, Mexico, and Canada.
The trade deal with China is expected to ease economic tensions between the two countries by scaling back tariffs on US goods and protecting intellectual property in the US. Both deals will be especially good for farmers according to the administration.
Democrat presidential candidate Pete Buttigieg is unimpressed with President Trump’s trade policies.
“At the end of the day, President Trump’s trade policies have been disastrous for farmers,” he said at a campaign stop in Iowa. “I’m glad he’s been able to take a step, one, by the way, that was made dramatically better by the intervention of Democrats who negotiated more labor protections and more enforceability.”
“I just met a corn and soybean farmer on the rope line here was talking about how with the announcement of China corn was actually down quite a bit, I haven’t had a chance to look at the numbers. But, I think it shows a lot of this is he’s putting out fires that he himself started.”
At the presidential debate in Iowa this week, Buttigieg did say the USMCA is an improvement from NAFTA but “not perfect.”
(PHOTO: Spencer Platt/Getty Images)