japan

U.S. Beef Competitors Seeing Benefits in Japan

Dan Beef, Cattle, Exports/Imports, Trade

Japan started cutting tariffs for some of U.S. agriculture’s biggest competitors, especially for beef. Canada, Australia, New Zealand, and Chile will all benefit from lower Japanese tariffs. That, after the U.S. pulled out of the Trans-Pacific Partnership, or TPP, and the remaining 11-nations made their own separate deal. Southeast AgNet’s Randall Weiseman has the story.

world cotton

NCC: Tariff Mitigation Assistance Appreciated

Dan Cotton, Economy

The National Cotton Council (NCC) conveyed thanks to President Trump and Agriculture Secretary Sonny Perdue for authorizing the second round of trade mitigation payments aimed at assisting farmers suffering from damage due to unjustified trade retaliation by foreign nations.  USDA announced that producers of certain commodities, including cotton, now will be eligible to receive Market Facilitation Program (MFP) payments for the second …

trade

Ag Must Be Part Of U.S.-EU Trade Deal, Groups Insist

Dan Industry News Release, Trade

An ad hoc coalition of more than 50 food and agriculture organizations is insisting that any trade deal between the United States and the European Union include agriculture and that it address the EU’s restrictive tariff and non-tariff barriers to U.S. farm products. In a letter sent to the Office of the U.S. Trade Representative, 53 organizations, led by the National Pork …

tariffs

Tariffs Headed for WTO Dispute Hearings

Dan Industry News Release, Trade

Both the United States and opponents of tariffs put in place by President Donald Trump confirmed they want to take their disputes to the World Trade Organization. Those confirmations kickstarted the procedure for the WTO to set up dispute hearings. China, the European Union, Canada, Mexico, Russia, and Norway all confirmed that they will take their disputes to adjudication proceedings. …

steel

Steel and Aluminum Tariffs Cancel Benefits of USMCA

Dan Exports/Imports, Industry News Release, Trade

Steel and aluminum tariffs by the U.S. will hurt agriculture more than NAFTA 2.0 will help. The updated North American Free Trade Agreement, known as the U.S.-Mexico-Canada Agreement (USMCA), would grow U.S. agricultural exports by $450 million a year, according to the Farm Foundation. However, the organization says the retaliatory tariffs in response to the tariffs that President Donald Trump …

usda

USDA Planning Trade Aid Round Two Distribution

Dan Economy, Industry News Release, Trade

The Department of Agriculture (USDA) is readying round-two of trade mitigation payments for farmers. The payments are the second half of the $12 billion program by the Trump administration to compensate farmers for losses stemming from Trump’s trade agenda. Agriculture Secretary Sonny Perdue said he doesn’t expect the payments “any later than December,” according to Politico. USDA previously used about …

dairy farmers

Dairy Farmers Ask Trump Administration to Provide Needed Compensation for Lost Trade

Dan Dairy, Industry News Release, Trade

U.S. dairy farmers at their annual meeting asked President Donald Trump to recognize the significant economic losses milk producers are suffering because of the administration’s implementation of Section 232 and 301 tariffs. The duties have resulted in retaliatory tariffs against U.S. dairy exports, particularly in Mexico and China. They continue to cause severe economic harm to U.S. dairy farmers, according …

ag

U.S. Planning Another Round of China Tariffs

Dan Industry News Release, Trade

The United States is readying more tariffs against China if there is no positive momentum following a meeting between President Trump and China’s President Xi Jinping. Bloomberg News reports the new round will be announced if the talks during the G20 summit between the two fails. The new round, proposed to be announced in early December, would apply to imports …