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Michigan soybean farmers react to new NAFTA deal

Posted at 11:25 PM, Aug 27, 2018
and last updated 2018-08-27 23:25:50-04

ELSIE, Mich. -- Some Michigan farmers tell FOX 17 News they're getting excited, following president Trump's announcement Monday about adjusting the North American Free Trade Agreement, better known as NAFTA.

President Trump has been a vocal critic of NAFTA and calls the new deal 'The United States, Mexico Trade Agreement.' Trump had threatened to withdraw from NAFTA if Canada and Mexico refused to negotiate.

Tariffs imposed by Canada and other nations have had a negative impact on American farmers.

"The biggest thing that we want to see is no harm done to agriculture ,with whatever agreements are made between Mexico or Canada or China or any other country throughout the world," says David Williams, president of Michigan Soybean Association.

Williams says soybeans are America's number one export for agriculture and that Mexico is in the top three customers for U.S. soybeans.

Canada was not part of Monday's announcement, but president Trump indicated it would be happening separately.