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Rumors Swirl over Funding For Ag If NAFTA Collapses | Rural Radio Network

Rumors Swirl over Funding For Ag If NAFTA Collapses

Questions about discussions within the Trump administration on potential funding for the agriculture industry if North America Free Trade Agreement (NAFTA) renegotiations fail were raised by Sen. Chuck Grassley, R-Iowa, to U.S. Trade Representative (USTR) Robert Lighthizer during a Senate Finance Committee meeting on Tuesday.

The questioning comes amid rumors that some administration officials have begun to put together a “pot of money” anticipating a NAFTA withdrawal and its effect on farmers. Grassley was expected to ask this and other questions regarding talks to renegotiate the North America Free Trade Agreement (NAFTA), including the status of the renegotiation talks.

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