A key U.S. ag senator has weighed in on President Trump’s latest threats to withdraw from trade agreements, including one with strategically important South Korea, the KORUS agreement. Longtime Senate Ag Republican Chuck Grassley doesn’t think ditching a trade deal with one of America’s biggest trading partners in ag and manufacturing, South Korea, makes much sense But like NAFTA, now …
Agriculture to Trump: Don’t Mess with KORUS
Agriculture groups responded to President Donald Trump’s comments regarding a free trade agreement with South Korea over the weekend by urging the President not to withdraw from the accord. Trump said the U.S. would consider withdrawing from the U.S.-Korea Free Trade Agreement, known as KORUS. U.S. Wheat Associates chairman Mike Miller says: “It would be irresponsible to unilaterally walk away …
NAFTA Round Two Concludes in Mexico City
Round two of the renegotiation talks regarding the North American Free Trade Agreement (NAFTA) was largely uneventful, according to those included in the talks. While the U.S. is suggesting a deal can be completed by the end of this year, many see the slow progress as an indication of a much longer negotiation process. Mexico’s top agriculture official told Bloomberg, …
Some Speculate Trump May Terminate NAFTA as a Negotiation Tactic
Canada-based Global News reports U.S. President Donald Trump may terminate the North American Free Trade Agreement (NAFTA) to get more from Mexico and Canada during the ongoing renegotiation effort. Round two of the negotiations started Friday in Mexico City, Mexico. Most analysts believe the heated rhetoric is a negotiating tactic – but that doesn’t mean Trump won’t actually start the …
American Trucking Industry Watching NAFTA Negotiations Closely
September brings a new round of negotiations on the North American Free Trade Agreement (NAFTA). One group keeping an eye on how things progress is the American Trucking Associations. Bob Costello, chief economist and senior vice president, says the truckers have a big stake in the outcome. Since NAFTA was first implemented, truckers now move 71 percent of the total …
Specialty Crop Growers Want Changes to NAFTA
Specialty crop growers are more than ready to see changes to the North American Free Trade Agreement (NAFTA). While certain agriculture industries have fared well from the agreement, such as potatoes, apples and cherries, specialty crops have not. Established in 1994, NAFTA created free trade between the United States, Canada and Mexico. However, the United States specialty crop industry is …
Perdue Talks NAFTA Benefits with Trump
President Donald Trump is once again threatening to tear up the North American Free Trade Agreement. USDA Ag Secretary Sonny Perdue spoke with the president this week about the merits of the trade deal. Bloomberg says Perdue is working to convince Trump that NAFTA has been a boon to agriculture. Perdue said the deal does have “rough edges” that could …
Officials from Mexico Visited Washington After NAFTA Threats
Two government officials from Mexico were in Washington D.C. earlier this week, following threats by President Donald Trump to terminate the North American Free Trade Agreement. While Canada and Mexico have both dismissed Trump’s threats as a negotiating tactic, two officials traveled to Washington on what the Mexican Government called a “pre-planned” trip. A source in the foreign ministry of …
Agri View: Trade Policies
Everett Griner talks about President Trumps’ trade policies disturbing in today’s Agri View. If Donald Trump were running for President now, I don’t think he would enjoy the support he got from America’s farmers. He has pushed for changes in import/export trade that farmers don’t like. But, when he started to mess with that recently established trade …
Harvey Forces Shutdown of Texas Ports, Threatens Others
Two major ports along the Gulf of Mexico in Texas are closed following the flooding and damage from Hurricane Harvey. Ports at the Texas Gulf account for about 24 percent of U.S. wheat exports, three percent of corn shipments and two percent of soybeans. In 2011, the Port of Corpus Christi ranked 13th in the Nation for total waterborne agricultural …