Saving Seafood

What You Need To Know: USMCA Enters Into Force TODAY, Wednesday, July 1

July 1, 2020 — The following was released by The White House:

TODAY, Wednesday, July 1, the United States-Mexico-Canada Agreement (USMCA) enters into force.The USMCA delivers on President Trump’s promise to replace the outdated North American Free Trade Agreement (NAFTA) with a 21st century trade deal that marks the beginning of a historic new chapter for North American trade by supporting more balanced, reciprocal trade, leading to freer markets, fairer trade, and robust economic growth in North America. The Agreement contains significant improvements and modernized approaches to rules of origin, agricultural market access, intellectual property, digital trade, financial services, labor, and numerous other sectors. These enhancements will deliver more jobs, provide stronger labor protections, and expand market access, creating new opportunities for American workers, farmers, and ranchers. On June 29, 2020, President Trump signed a Proclamation to take certain actions under USMCA Implementation Act. You can find the full proclamation here. You can also find additional details on the U.S. Customs & Border Protection work to implement USMCA here.

With today’s entry into force, the USMCA will help address longstanding trade imbalances. Key provisions include:

  • More North American Auto Content: Under USMCA’s rules vehicles must be built with at least 75 percent of parts made in North America in order to qualify for zero tariffs, up from 62.5 percent under NAFTA. Also, 40 to 45 percent of an auto will have to be made by workers earning at least $16 an hour. Recent USTR analysis estimates that these rules will incentivize billions in new U.S. automotive investment and in new purchases of U.S.-made auto parts, and support tens of thousands of additional jobs in the U.S. automotive sector. Read the analysis here.
  • Increased Agricultural Market Access: The USMCA provides the U.S. with greater access to Canada’s dairy, poultry, and egg markets. Combined with other agricultural provisions in the agreement, the independent International Trade Commission estimates that, as a result of USMCA, U.S. agricultural exports to Canada and the rest of the world would increase by $2.2 billion.
  • Small and Medium Sized Businesses: The USMCA contains the first chapter of any trade agreement dedicated to Small and Medium Enterprises. The chapter will enforce new intellectual property provisions, bolster innovation, and support small businesses engaging in digital trade. Additionally, USMCA removes burdensome regulations, reduces duplicative red tape, and lowers costs that will help the 30 million U.S. small businesses that employ half the private-sector workforce and create two-thirds of all new jobs, to better compete globally.
  • Enhanced Labor and Environmental Rights: The USMCA makes a number of significant upgrades to NAFTA’s environmental and labor provisions, incorporates them into the core of the agreement, and makes them fully enforceable, which will help level the playing field for U.S. workers and businesses.
  • Addresses Non-Market Practice and Unfair Subsidies: The agreement includes countless rules that directly address the pernicious and growing challenge of unfair subsidies and non-market practices that have the potential to disadvantage U.S. workers and businesses. These include new and enforceable provisions covering state-owned enterprises, currency manipulation, anticorruption, and combatting duty evasion.
  • Increased Intellectual Property Protections: USMCA dramatically enhances intellectual property protections. It contains a modernized, high-standard IP chapter that provides strong and effective protection and enforcement of IP rights critical to driving innovation, creating economic growth, and supporting American jobs.
  • Strongest Provisions on Digital Trade: The USMCA includes a first-of-its-kind chapter on digital trade that – among other things – ensures data can be transferred across borders and cracks down on data localization measures used to restrict where data can be stored and processed.

More on USMCA: Canada and Mexico are our first and third largest exports markets for United States food and agricultural products, making up 28 percent of total food and agricultural exports in 2017.  These exports support more than 325,000 American jobs. In November 2018, President Trump signed the United States-Mexico-Canada Agreement (USMCA) delivering on his promise to renegotiate the North American Free Trade Agreement (NAFTA) and protect American farmers, ranchers, businesses, and workers. The USMCA is a 21st century, high-standard agreement that modernizes the 25-year-old NAFTA and supports mutually beneficial trade leading to freer markets, fairer trade, and robust economic growth in North America. can find the Agreement’s Text here, pertinent Fact Sheets here, and Support from External Stakeholders here and here.

President Donald J. Trump Is Working to Secure America’s Seafood Supply Chain and Bring Jobs Home

May 8, 2020 — The following was released by The White House:

SECURING OUR SEAFOOD SUPPLY CHAIN: President Donald J. Trump is taking action to secure our Nation’s food supply chain by supporting American seafood production.

  • Today, President Trump is signing an Executive Order to increase America’s competitiveness in the seafood industry and protect our seafood supply chain.
  • This order will instruct agencies to expand sustainable seafood production in the United States, including:
    • Furthering more efficient and predictable aquaculture permitting processes;
    • Accelerating regulatory reform to maximize commercial fishing; and
    • Upholding common-sense restrictions on seafood imports that do not meet American standards.
  • The President’s order will help solidify our Nation’s food security, protect American jobs in the seafood industry, and create new jobs in the United States.
  • President Trump is also announcing the availability of $300 million to support fishermen and related businesses hurt by the coronavirus.
EXPANDING AMERICA’S SEAFOOD INDUSTRY: President Trump’s action will expand America’s ability to fully utilize our vast ocean resources.
  • It is critical that America take steps to strengthen our seafood supply chain and bring our Nation’s seafood supply chain back home.
  • While America has among the most extensive ocean resources in the world, our Nation ranks 17th in aquaculture production and imports roughly 85% of the seafood consumed domestically.
    • China’s aquaculture industry is producing 100 times more seafood by weight than the United States aquaculture industry.
  • Burdensome over-regulations and red tape on the aquaculture industry are stifling innovation and production.
  • Under current regulations, small aquaculture facilities are forced to navigate an unnecessarily complex permitting process involving multiple Federal agencies.
PROTECTING AMERICA’S FOOD SUPPLY: This action builds on President Trump’s commitment to ensure that Americans have a sound and plentiful food supply chain.
  • President Trump has taken action again and again to support America’s farmers, ranchers, and food suppliers.
  • The President has worked tirelessly to expand markets for American agricultural goods through enacting fair and reciprocal trade deals like the United States-Mexico-Canada Agreement and implementing tough tariffs.
    • The President has authorized billions in support to help farmers and ranchers affected by retaliatory tariffs.
  • President Trump has fought for our farmers at the World Trade Organization, winning multiple disputes.

US government allocates funds to fight IUU as part of trade agreement

February 13, 2020 — The U.S. government has allocated USD 8 million (EUR 7.3 million) to fight IUU fishing and bolster the country’s Seafood Import Monitoring Program (SIMP) as part of the US-Mexico-Canada trade agreement (USMCA) that was approved in January.

As part of the agreement, funding will go to the National Oceanic and Atmospheric Administration (NOAA) to help it cooperate with the Mexican government on fighting illegal fishing through 2023.

Read the full story at Seafood Source

Seafood industry leaders reviewing new USMCA trade pact

October 2, 2018 — The day after U.S. and Canadian government officials announced a deal on a new trade agreement, seafood industry leaders from the neighboring countries expressed optimism about the accord, albeit with some uncertainty as they still pore over the details.

Canada’s participation, which was confirmed late in the evening of 30 September, means a new deal will replace the North American Free Trade Agreement, the accord governing trade between the U.S., Canada and Mexico for the past two decades. In late August, Mexican and American officials had reached a tentative agreement on a new deal.

“Today, Canada and the United States reached an agreement, alongside Mexico, on a new, modernized trade agreement for the 21st Century: the United States-Mexico-Canada Agreement (USMCA),” U.S. Trade Representative Robert Lighthizer said in a joint statement with Canadian Foreign Affairs Minister Chrystia Freeland. “USMCA will give our workers, farmers, ranchers and businesses a high-standard trade agreement that will result in freer markets, fairer trade, and robust economic growth in our region.  It will strengthen the middle class, and create good, well-paying jobs, and new opportunities for the nearly half billion people who call North America home.”

Officials from the Fisheries Council of Canada received a high-level briefing on the USMCA on 1 October.

“We look forward to this apparent deal to help heal our trading relationship with the US and lead to more trading opportunities in the future,” said Paul Lansbergen, council president, in an email to SeafoodSource.

The desire to revamp NAFTA has been one leg of a global trade strategy by the administration of U.S. President Donald Trump. That strategy has also included numerous proposals to raise tariffs on Chinese imports, including numerous seafood products, as the president seeks to reduce the trade deficit.

The National Fisheries Institute has lobbied heavily in recent months that tariffs on seafood products hurt U.S. jobs as the country imports more than 90 percent of the seafood Americans consume.

Read the full story at Seafood Source