NAFTA- Recent Developments as President Trump Addresses AFBF Members on Monday

President Donald Trump spoke at the American Farm Bureau Federation’s (AFBF) 99th Annual Convention.  The AFBF noted recently that, “After three consecutive years of decline in farm sector profits, President Trump will speak to Farm Bureau members during a period of prolonged economic challenge across farm country.”  In fiscal year 2017, the U.S. exported $140.5 billion worth of agricultural products; and, the U.S. Department of Agricultureexplained recently that, “Exports are responsible for 20 percent of U.S. farm income, also driving rural economic activity and supporting more than one million American jobs both on and off the farm.” With this in mind, today’s update focuses on recent NAFTA developments and agriculture.