senate

Canada to Consider USMCA Next Week

Taylor Hillman Trade

The U.S. Senate has put its finishing touches on the U.S.-Mexico-Canada Agreement (USMCA) and it has been sent to the White House. President Donald Trump told the American Farm Bureau Federation on Sunday, that USMCA and the agreement with China, “are just the beginning,” as his administration seeks more trade agreements. Canada will consider the passage of the U.S.-Mexico-Canada Agreement …

secretary perdue

Perdue Confirms Third Round of Trade Assistance for Farmers

Taylor Hillman Trade

Ag Secretary Sonny Perdue confirmed that U.S. farmers will receive a third round of trade assistance this year to help producers with their 2019 losses. President Trump had hinted at additional aid during his address on Sunday at the American Farm Bureau national convention. However, Perdue says, “No maybe about it.” Looking ahead to 2020, the secretary doesn’t see a …

phase one trade deal

Perdue on China Phase One Trade Deal

Taylor Hillman Trade

Last week, President Trump did sign the first phase of a trade deal with China that includes the purchase of $40 billion in agricultural products. Agriculture Secretary Sonny Perdue says this agreement goes a long way in leveling the playing field for U.S. agriculture. “This agreement once again is proof President Trump’s negotiating strategy is working. It may have taken …

update

Ag Secretary Expecting the Third Round of Trade Aid Payments

Taylor Hillman Trade

Even though the first trade deal with China has been signed, Ag Secretary Sonny Perdue says he still expects U.S. farmers to get a third-round of 2019 trade aid payments. USDA hasn’t officially announced if and when the farmers would get those payments. Perdue tells Bloomberg that the move is still waiting for approval from the White House Office of …

secretary

Secretary Perdue on Passage of USMCA

Dan Trade

The Agriculture Secretary looks forward to future benefits for farmers and ranchers now that the U.S.-Mexico-Canada Agreement (USMCA) trade deal has passed the U.S. Senate and will soon be signed by the President. Rod Bain has the story. The signing of the agreement would signal Canada to approve the agreement, whose government has been waiting for U.S. approval. Mexico already approved …

senate

Ag Groups Respond to Senate Passage of USMCA

Dan Industry News Release, Trade

Yesterday we reported that many agricultural groups were pleased with the signing of the phase-one trade agreement between the United States and China. Today, the trade news continues as the U.S. Senate has passed the United States-Mexico-Canada Agreement (USMCA) by a vote of 89-10. Many agricultural groups also cheered that news. Secretary Perdue Statement on Senate Passage of USMCA (USDA) — …

phase one

Phase One Trade Deal May Benefit Cotton the Most

Dan Cotton, Trade

By Clint Thompson Wednesday’s phase one trade agreement signed by the United States and China is a historical moment in the country’s history, according to Stephen Censky, U.S. Department of Agriculture Deputy Secretary. “It addresses a lot of the trade issues we have had with China about their structural impediments to our exports as well as make some substantial purchase …

phase one

Ag Groups Respond to Phase One Trade Deal Signing

Dan Industry News Release, Trade

Secretary Perdue: China Phase I Deal is a Bonanza for American Agriculture U.S. Secretary Perdue issued the following statement after President Donald J. Trump signed the historic Phase One Trade Agreement between the United States and China: “This agreement is proof President Trump’s negotiating strategy is working. While it took China a long time to realize President Trump was serious, …

china

Phase One Trade Deal Signing: ‘Momentous Day for U.S. Agriculture’

Dan Trade

President Donald Trump and Chinese Vice Premier Liu He signed the phase one trade deal between the two countries in the East Room of the White House on Wednesday morning. The agreement comes after more than 18 months of imbittered trade relations between the United States and China, creating a significant strain on the agricultural industry. “This is a very …

mcconnell

McConnell: Senate to Process USMCA This Week

Dan Industry News Release, Trade

(NAFB) — Senate Majority Leader Mitch McConnell suggests the Senate will vote on the U.S.-Mexico-Canada Agreement (USMCA) this week. Bloomberg News expects a vote Thursday, as the Senate committees required to sign off on the implementing legislation are doing so quickly. However, a final vote has not been confirmed. The Senate Environment and Public Works Committee approved the agreement on …