Japan’s parliament Friday ratified the Trans-Pacific Partnership despite the deals likely dismissal by U.S. President-elect Donald Trump. The Wall Street Journal called the move by Japan a “mostly symbolic step” because of Trump’s opposition to the trade agreement. Trump repeated campaign promises in a video last month saying he would
Nations Racing to Fill Trade Leadership Gap Left by U.S.
China, Japan and Russia are racing to fill a leadership gap on trade issues following the recent U.S. fallout over the Trans-Pacific Partnership. The trade agreement took 12 nations seven years to negotiate, and U.S. President-elect Donald Trump pledges to end the deal on day one of his Presidency. Trade experts agree the move opens the door for a new …
Attention Turns to Trump for Ratification of TPP
Now that President Obama has indicated he will not push Congress to ratify the Trans-Pacific Partnership (TPP) agreement before he leaves office, attention is turning to President-elect Donald Trump. Various voices are offering their views to the incoming president on the TPP, the 12-nation Asia-Pacific trade agreement that Trump said he would tear up.
Florida Trade Leaders Not Ready to Scrap NAFTA
FROM THE NEWS SERVICE OF FLORIDA By JIM TURNER MIRAMAR BEACH, November 30, 2016………. Some people involved with Florida’s international trade efforts hope President-elect Donald Trump’s campaign threat to ditch the North American Free Trade Agreement is mostly bluster. Trump repeatedly decried the 22-year-old agreement on the campaign trail as the “worst trade deal in history” and said he would
Looking at U.S.-Cuba Agriculture Trade
The recent death of Fidel Castro refocuses attention on U.S.-Cuba agricultural trade reforms at a time when the incoming Trump administration may have second thoughts about reforms. American Farm Bureau Federation trade adviser Dave Salmonsen says little has changed politically in Havana with the death of the longtime Cuban dictator. Download Audio So, the concern is little may change in …
Discussing NAFTA Again
Trade has been in the news for quite some time, and that includes looking once again at the North American Free Trade Agreement (NAFTA). Tyron Spearman has the story. Download Audio
Dairy Industry Segment Doesn’t Want TPP
Many ag industry groups like the American Farm Bureau Federation and National Cattlemen’s Beef Association have been strong supporters of the Trans-Pacific Partnership (TPP) free trade agreement. But a segment within the dairy industry isn’t so sure TPP will be beneficial in its current form. The Wisconsin Farmers Union surveyed 1,000 dairy producers and 80 percent expressed serious concerns about …
Obama Administration Giving up on Lame-Duck TPP Vote
As expected, the outgoing Obama administration is throwing in the towel regarding the Trans-Pacific Partnership trade agreement. DTN reports the White House will not seek a vote on the agreement during the lame duck session of Congress. Republican and Democratic leaders in Congress told the White House they would not advance the trade deal in the
U.S. Peanut Exports Set New Record
While the volume has slowed, China and Vietnam continue to buy American peanuts when available. And according to Tyron Spearman, those two countries helped U.S. peanut exports set a new record this past year. Download Audio
TPP Is Number One Priority for NCBA
Talk about getting Congress to ratify TPP, or the Trans-Pacific Partnership, during the lame duck session has being going for weeks, and now that time has arrived. National Cattlemen’s Beef Association’s vice president of government affairs, Colin Woodall, says this is at the top of the association’s list. Download Audio