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Iowa leaders react to US-Mexico trade deal

Iowa’s political leaders are reacting following news Monday that the United States and Mexico appear set to strike a new trade deal.

The agreement would replace the North American Free Trade Agreement, but could potentially leave Canada out. The three nations have been tied with one another through the trade bloc since 1994.

Here’s what prominent Iowans in the political sphere have to say about the tentative deal:

“I am encouraged by the announcement today from the White House that a preliminary trade agreement has been reached with Mexico. I look forward to seeing the final agreement. I believe today’s announcement is a step in the right direction to bring certainty to the business and farming communities. I am hopeful this agreement with Mexico will prompt Canada to rejoin negotiations.

Iowa farmers want free trade and open markets. As trade negotiations proceed, Iowa farmers will continue to do what they do best – produce. Our farmers are the most productive in the world and will always win when they have unrestricted access to markets. We are proud of our state’s ability to feed and fuel the world. I will continue to work tirelessly to make sure their voices are heard.

On behalf of Iowa farmers and businesses, I want to thank the president and his administration for taking the necessary steps to reach a deal with Mexico.” – Gov. Kim Reynolds

“It’s important that the White House has recognized the difficult position farmers are in due to ongoing trade negotiations. This temporary relief from new tariffs will be welcomed by farmers in Iowa and throughout the country, but what they really want are long term markets, not handouts.

To help corn farmers, the Administration should announce its approval of E15 for year round sales. This technical correction will help farmers and lower the cost of Renewable Fuels Standard (RFS) compliance for oil refineries by producing more Renewable Identification Numbers (RINs) which are used to ensure biofuels are being blended into our nation’s fuel supply.

News today of a preliminary bilateral agreement with Mexico is encouraging, and shows that the President is working to follow through on his commitment to farmers. As trade negotiations move forward, I’ll continue working with the President and his administration to find solutions that will ensure our nation’s farmers have access to the markets they need to succeed.” – Sen. Chuck Grassley

“Mexico, Canada and the United States make up one of the most competitive and successful regional economic platforms in the world. Saddled with low commodity prices and escalating trade disputes, today’s announcement that the United States and Mexico have reached a two-way deal on trade is huge news for Iowa’s farmers and ranchers, and is a monumental step to help restore both market certainty and confidence across rural America.

“While I am still reviewing the deal, the President’s fulfillment of a core promise to revamp trade deals brings more certainty to our markets, more money in our pockets, and more confidence to Iowa – and American – farmers, ranchers and manufacturers.” – Sen. Joni Ernst

"Good to hear from the White House this morning about the progress we have made with Mexico regarding trade. Mexico is one of Iowa’s top trading partners so this is certainly good news for Iowa, Iowa workers, and in particular, our agriculture community. I am now looking forward to our trading partner Canada joining the negotiations." – Rep. Rod Blum 

 Read more about the economic response to the agreement here.

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