trade deal

Trump Says NAFTA Talks Are “Doing Nicely”

Dan Industry News Release, Trade

President Donald Trump says this week that the North American Free Trade Agreement talks are “moving along nicely.” Bloomberg says trade ministers from Mexico, Canada, and the U.S. are meeting in Washington, D.C., and pushing to finish an agreement by early May. During a meeting with the president of France, Trump said, “NAFTA, as you know, is moving along. I …

grain

Farm State Senators Worry About Trade During Hearing

Dan Exports/Imports, Industry News Release, Trade

The Senate Agriculture Committee convened a hearing on Tuesday and expressed a great deal of concern over the trade strategy of President Donald Trump and its effects on the U.S. farm economy. Politico says farm-state senators used the opportunity to direct Ag Secretary Sonny Perdue to impress on the Trump administration just how sensitive commodity markets are to trade actions. …

china phase one

Farmers for Free Trade Report Highlights Damage from Chinese Retaliation

Dan Exports/Imports, Industry News Release, Trade

Farmers for Free Trade released a new report that highlights the significant impact that Chinese retaliation from steel and aluminum tariffs will have on a number of U.S. industries. The report shows that many American commodities will be hit hard, including U.S. wine, almonds, walnuts, pork, cherry, and several other commodities. The report also says certain states’ economies will be …

north

NAFTA Ministers Back in Washington D.C. After Short Turnaround

Dan Industry News Release, Trade

U.S. Trade Representative Robert Lighthizer and his two counterparts in the North American Free Trade Agreement (NAFTA) negotiations are back at it in Washington, D.C. This marks a quick turnaround for the Mexican Economy Secretary and Canadian Foreign Minister, who were just in Washington last week for a meeting that both countries described as “productive.” Negotiators stayed in D.C. over …

trade mission

Treasury Secretary Optimistic on Settling Trade Dispute

Dan Industry News Release, Trade

The International Monetary Fund and the World Bank both issued warnings that trade disputes could put a healthy global economic expansion in jeopardy. An Associated Press report says U.S. Treasury Secretary Steven Mnuchin showed cautious optimism over the weekend that the U.S. and China could settle their differences without a full-blown trade war. Mnuchin met recently with finance officials from …

nafta

Comprehensive New NAFTA Coming Soon

Dan General

Negotiators from Mexico, the U.S., and Canada are still pushing hard to get a “comprehensive” new North American Free Trade Agreement (NAFTA) in place. Politico says negotiators from the three NAFTA countries have been meeting regularly in recent weeks, hoping for breakthroughs on some of the toughest issues yet to deal with. Those remaining issues include auto rules of origin, …

trade mission

Rural Mainstreet Index Hurt by Trade Concerns

Dan Economy, Industry News Release, Trade

The Rural Mainstreet Index, which measures the economic outlook in rural America, was hit hard by rural bankers who expressed concerns about trade tensions and their effect on the farm economy. “An unresolved North American Free Trade Agreement and rising trade tensions with China are significant concerns,” says Ernie Goss, Creighton University economist and author of the Rural Mainstreet Index. …

trade

Trump: Not Interested in Re-joining TPP

Dan Industry News Release, Trade

President Donald Trump says “I don’t want to go back into” the Trans-Pacific Partnership (TPP). In a news conference with Japanese Prime Minister Shinzo Abe, Trump told reporters “the media has not covered the TPP correctly.” President Trump however did say that “if they offered us a deal that I can’t refuse, on behalf of the United States, I would …