Groups Respond to China Phase One Trade News

Dan Exports/Imports, Industry News Release, Trade

NCBA Welcomes First Phase In U.S./China Trade Deal (NCBA) — National Cattlemen’s Beef Association (NCBA) CEO Colin Woodall issued the following statement regarding today’s announcement that the U.S. and China have agreed to a phase one trade deal: “The announcement of a phase one deal with China is welcome news for the U.S. beef industry. While we wait to learn …

Chinese trade agreement

‘Very Large’ Chinese Trade Agreement Reached

Dan Exports/Imports, Trade

After nearly 18 months of negotiation, a limited Chinese trade agreement was announced on Friday morning.  President Donald Trump confirmed that the first phase of a trade deal with China had been reached via Twitter, which will include “massive purchases” of American agricultural products.  The U.S. will be canceling a scheduled increase in tariffs while maintaining a 25 percent tariff …

trade missions

Seven Trade Missions to Expand Ag Exports Planned for 2020

Dan Exports/Imports, Trade

The U.S. Department of Agriculture (USDA) will be embarking on a record, SEVEN agribusiness trade missions in 2020 to foster trade relationships and diversify export opportunities for America’s farmers and ranchers. The trade missions will begin in March with a trip to the North African countries of Algeria, Libya, Morocco and Tunisia.  That will be followed by a trade trip …


Cattlemen Celebrate Finalization of Trade Deal With Japan

Dan Cattle, Exports/Imports, Industry News Release, Trade

NCBA Honored to Be Part of Process From Day One to White House Signing Ceremony (NCBA) — National Cattlemen’s Beef Association (NCBA) President Jennifer Houston issued the following statement in response to Japan’s final approval of a trade deal that will lower tariffs for U.S. beef exports to that nation: “There’s just no other way to say it: this is …


Trump: No Deadline for Final China Trade Deal

Dan Exports/Imports, Industry News Release, Trade

(NAFB) — In a flurry of meeting with reporters Tuesday in London, President Donald Trump says he has no deadline for finalizing a complete trade deal with China. China and the U.S. are still working to reach a phase one agreement, with an unofficial deadline of December 15, but an overall agreement may extend beyond the 2020 elections. Trump told …


USMCA, U.S.-China Deal Pushing Forward

Dan Exports/Imports, Industry News Release, Trade

(NAFB) — Both the U.S.-Mexico-Canada Agreement (USMCA) and a phase one agreement of a deal between the U.S. and China appear to be slowly edging forward. The Hagstrom Report quotes House Speaker Nancy Pelosi as saying, “We are within range of a substantially improved agreement for America’s workers. Now, we need to see our progress in writing from the trade …


Ag Exports Projected to Fall in 2019

Dan Exports/Imports, Industry News Release

(NAFB) — The U.S. Department of Agriculture (USDA) projects the fiscal year 2019 U.S. agricultural trade balance to fall to $5.2 billion. USDA’s Economic Research Service projects exports at $134.5 billion and imports at $129.3 billion, leaving a $5.2 billion surplus, the lowest since fiscal year 2006. Unlike overall U.S. trade in goods and services, U.S. trade in the agricultural …