The European Union and Mexico have reached a free trade deal. That comes on the heels of the recently concluded agreement between the E.U. and Japan. Minnesota Pork Producers Chief Executive Officer Dave Preisler says with all the recent global uncertainty, countries are diversifying their marketing opportunities.
He says the U.S. can’t afford to sit on its hands when it comes to trade because our competitors are out seeking new market opportunities.
Preisler says these recent bilateral deals point to the need for the U.S. not only to seek their own deals but to make sure they renegotiate present agreements in order not to lose market share.
European Commission President Jean Claude Juncker said Mexico and the E.U. worked together to reach a mutually beneficial outcome.
