exports

Japan-EU Trade Deal to Increase Market Competition

Dan Exports/Imports, Industry News Release, Trade

A trade agreement between the European Union and Japan will increase competition for the United States. Japan’s conclusion of the trade agreement, and efforts to complete the Comprehensive and Progressive Trans-Pacific Partnership, will increase competition in Japan for U.S. oilseed and vegetable products, according to the Department of Agriculture Foreign Agricultural Service. The two agreements contain tariff concessions for a …

putnam

USMCA a Framework for Future Trade Deals

Dan Industry News Release, Trade

A White House adviser says the U.S.-Mexico-Canada Agreement (USMCA) is a model for future trade agreements. USMCA will replace the North American Free Trade Agreement (NAFTA), if approved. Kevin Hassett, chairman of the White House Council of Economic Advisers, said this week that other potential agreements will “look very much alike, and very much like this,” according to Politico. His …

pork producers

Trade News Has Pork Producers Feeling Optimistic

Dan Exports/Imports, Industry News Release, Pork, Trade

News on the trade front is getting better for U.S. pork producers as the Trump administration announced it wants to negotiate trade agreements with the European Union, Japan and the United Kingdom. The National Pork Producers Council commended the administration for its ambitious trade agenda. The administration recently updated agreements with Canada and Mexico and with South Korea that maintained …

agricultural

U.S. Agricultural Export Opportunities in South Korea

Dan Exports/Imports, Industry News Release, Trade

South Korea is one of the most reliable export markets for U.S. agricultural goods. Its vibrant economy offers easy access to modern retail outlets and is home to a large urban population seeking convenient and healthy food products. Increasing wealth, a growing number of women in the workforce, and a younger generation seeking international foods are also contributing to the …

trade agreement

U.S. Seeking Trade Agreements with Japan, EU, UK

Dan Industry News Release, Trade

The U.S. formally announced it will seek trade agreements with Japan, the European Union and the United Kingdom. U.S. Trade Representative Robert Lighthizer announced this week that the U.S. will seek to negotiate three separate trade agreements with Japan, the EU and the U.K. The European Union has downplayed the announcement, despite ongoing exploratory talks since this summer. The EU …

pork producers

Pork Producers Encouraged by Trade Announcement

Dan Industry News Release, Pork, Trade

Representatives of the U.S. pork industry say “we’ve got the momentum on trade headed in the right direction.” National Pork Producers Council President Jim Heimerl stated “pork producers are hurting because of retaliatory tariffs on pork,” but says their patience is starting to pay off. The comments followed the formal announcement that the U.S. is seeking new free trade agreements …

putnam

Trudeau Says USMCA Keeps China Trade Door Open

Dan Industry News Release, Trade

Canada’s Prime Minister says the new U.S.-Mexico-Canada Agreement (USMCA) allows Canada to move forward with trade talks with China. Despite a provision in the text of the agreement that allows the U.S. to opt-out of the deal if Canada or Mexico engages with China, Justin Trudeau claims the provisions were “watered down” in the final version of the agreement. He …

southern africa

Southern Africa: A Promising Region for U.S. Agricultural Exports

Dan Exports/Imports, Industry News Release, Trade

Two-way agricultural trade between the United States and Southern Africa has grown significantly in the past decade, reaching a record $1.5 billion in 2017. The region imported $14 billion in agricultural and related products last year and the potential for U.S. export growth is strong, given that many of these are products that the United States produces competitively. USDA’s Foreign …

tariffs

Dropped Tariffs Could Mean Less USDA Trade Aid Relief

Dan Industry News Release, Trade

Ag groups are largely supportive of the new U.S.-Mexico-Canada Trade package. However, many of those same groups say their biggest concern right now is ending retaliatory tariffs on U.S. agricultural products. Those duties were put in place after President Trump imposed tariffs on steel and aluminum imports. Ag Secretary Sonny Perdue told Reuters this week that, with a trade deal …