Washington declined to renew USMCA, and the AFBF's cookout data shows cookies and ice cream rising even as their core ingredients got cheaper.

The Lempert Report
July 07, 2026

Washington declined to renew USMCA, and the AFBF's cookout data shows cookies and ice cream rising even as their core ingredients got cheaper.

I’ve spent decades watching Washington negotiate its way in and out of trouble with the people who actually grow, ship, and sell our food. I have never seen a trade decision land with worse timing, or worse judgment.

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