Rep. King Talks USMCA and China Trade Deals
By: Coltrane Carlson, Racoon Valley Radio (IA)
January 10, 2020
One Republican U.S. Congressman believes a new trade deal will help Iowa farmers.
Iowa’s Fourth Congressional District Representative Steve King says the U.S.-Canada-Mexico Agreement (USMCA) will improve grain markets and exports, and especially the hog industry.
“If we get USMCA done it’s worth $10 a ham to them, not a hog, but a ham to them going into Mexico alone, which adds up to millions and millions of dollars.”
The House passed the agreement last month and King voted in favor of it. King points out if USMCA is approved, it will also help the chinese trade negotiations. He says phase one, which includes agriculture products, was preliminarily agreed upon by China and the U.S. King talks about his conversation he had with the U.S. lead trade negotiator Robert Lighthizer, which could mean even more positive news for pork producers after the Chinese pork industry took a hit with the Asian Swine Flu.
“The market over there, they’ve got a voracious appetite for pork. That, he (Lighthizer) expects...