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India Reconsidering Wheat Import Tax

wheat import taxTwo sources in the Indian government told Reuters this week that India could impose a 25-percent wheat import tax by the middle of March. That move would reinstate the tariff after a three-month gap as a response to recent large purchases from overseas. Read the rest of this entry »

Mexico Won’t Negotiate New Tariffs in NAFTA

changesMexico issued a warning to the United States over the weekend, saying if any North American Free Trade Agreement renegotiations include new tariffs, the nation’s trade leaders would “get up from the table.” Read the rest of this entry »

Poll Shows Free Trade Support is Growing

free trade supportA new poll by the Wall Street Journal shows an increase in free trade support in the United States. The growing support comes despite anti-trade sentiments by President Donald Trump and his removal of the U.S. from the Trans-Pacific Partnership, along with intent to renegotiate the North American Free Trade Agreement. Read the rest of this entry »

$1 Trillion Free-Trade Agreement Now In Force

trade agreement
Despite strong anti-trade comments from President Trump, a $1 trillion free trade agreement went into effect on Wednesday of this week, called the Trade Facilitation Agreement. A CNN Money report says the agreement is designed to cut through red tape and help solve problems like border delays and transportation bottlenecks. The World Trade Organization says it will cut a day and a half off the time needed to import goods and cut two days off the time need to export products. Read the rest of this entry »

Canada, Mexico Want All NAFTA Partners at Renegotiation Table

nafta changes
Senior officials from Canada and Mexico say renegotiations of the North American Free Trade Agreement (NAFTA) will happen with all nations at the table. The trade agreement between the U.S., Canada and Mexico is being targeted by President Donald Trump for “tweaking.” Read the rest of this entry »

Costco – Korea Expansion for U.S. Beef

costco Raw ground beef-5
U.S. beef is rapidly building momentum in South Korea, and now receives a further boost as Costco has officially begun converting its imported chilled beef selection from Australian beef to 100 percent U.S. product. Joe Schuele has the story. Read the rest of this entry »

Mexico Looking at Argentina, Brazil, for Yellow Corn

yellow corn
Mexico is turning its attention to South America, given uncertainty over U.S. President Donald Trump’s trade policies. Mexico’s agriculture minister last week announced he would lead a business delegation to Argentina and Brazil to explore buying yellow corn from the two nations. Read the rest of this entry »

EU To Begin Trade Talks with China

china trade
The European Union is getting set to talk trade with China in April or May. European officials told Reuters the goal is to promote free trade and international cooperation in the face of what may be a more protectionist Washington D.C. Read the rest of this entry »

European Union Lawmakers Back Canada Trade Deal

European union Canada trade
The European Union Parliament backed a measure Wednesday approving the Comprehensive Economic and Trade Agreement between the European Union and Canada. Read the rest of this entry »

Japan Open to Bilateral Trade Agreement with U.S.

bilateral trade
Japan’s Prime Minister told the nation’s parliament this week he is open to a bilateral trade agreement with the United States. Prime Minister Shinzo Abe (sheen-zoh ah-bay) says he is “not afraid” of a free trade agreement with the U.S. if it benefits Japan, according to online newspaper Japan Today. Read the rest of this entry »

Trudeau Talks Dairy Trade with House Speaker Ryan

ryan
House Speaker Paul Ryan says he asked Canada’s Prime Minister Justin Trudeau (True-doh) regarding Canadian market access for U.S. dairy producers. The Wisconsin Republican met with Trudeau Monday as part of Trudeau’s visit to Washington, DC this week. Read the rest of this entry »

Trump Tells Canada to Expect Only “Tweaking” of NAFTA

nafta
During his visit with Canadian Prime Minister Justin Trudeau (true-doh), U.S. President Donald Trump said there would only be “tweaking” needed to the North American Free Trade Agreement. Read the rest of this entry »

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