Has NAFTA been good or bad for US farm producers and consumers?
|
||
|
Data on the effects of NAFTA on US agriculture indicate that US exports to both Mexico
and Canada have grown much faster than have US exports to our other trading partners. As an indication of the benefits
to consumers, US agricultural imports from Mexico and Canada have also grown faster than have imports from our other main
trading partners. These patterns suggesting that both producers and consumers have taken advantage of new, beneficial opportunities
from these trade arrangements. This is not to say that NAFTA has benefited all producers and consumers. For example,
increased U.S. imports of beef from Canada, and fresh tomatoes from Mexico, represent gains to U.S. consumers, but they also
represent increased competition and a loss of market share for U.S. producers.
~
|
||