# NAFTA’s Impact on U.S. Agriculture

> Threats by the Trump administration to exit NAFTA have put the agreement under scrutiny. NAFTA, signed in 1994, largely eliminated tariffs on agricultural goods among the U.S., Canada and Mexico. U.S. food and agricultural exports to Mexico and Canada grew to over $43 billion in 2016, about four times the 1993 level.

- Date: 2018-05-01 · published 2018-05-01T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/65007-nafta-s-impact-on-u-s-agriculture
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Trade uncertainty over NAFTA puts a large share of U.S. farm exports at risk, which could weigh on demand for U.S. grains and oilseeds if the agreement is changed.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-12-05 | [The real question on NAFTA and agriculture](https://feedsoft.ai/events/67460-the-real-question-on-nafta-and-agriculture.md) | +2.8% | +5.6% |
| CORN | 2017-06-22 | [NAFTA Renegotiation: Issues for U.S. Agriculture - EveryCRSReport.com](https://feedsoft.ai/events/70476-nafta-renegotiation-issues-for-u-s-agriculture-everycrsreport-com.md) | -2.7% | +3.8% |
| CORN | 2020-01-16 | [What is the toll of trade wars on U.S. agriculture? \| PBS News](https://feedsoft.ai/events/55070-what-is-the-toll-of-trade-wars-on-u-s-agriculture-pbs-news.md) | +0.7% | -1.7% |
| CORN | 2024-03-25 | [Limited impact on US agriculture from China tariffs \| Latest Market News](https://feedsoft.ai/events/14765-limited-impact-on-us-agriculture-from-china-tariffs-latest-market-news.md) | -4.9% | -6.9% |
| CORN | 2016-11-18 | [Trump's tough talk on China risks impacting agriculture and food trade](https://feedsoft.ai/events/73818-trump-s-tough-talk-on-china-risks-impacting-agriculture-and-food-trade.md) | +2.1% | +4.0% |

## Sources

- cmegroup.com: https://www.cmegroup.com/education/articles-and-reports/naftas-impact-on-us-agriculture

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.