trade

TPP Member Nations Moving On

Dan Industry News Release, Trade

The 11 remaining member nations of the Trans-Pacific Partnership trade agreement are moving on with finalizing the agreement without the United States. Four months after the United States announced it would withdraw from the trade agreement, the remaining 11 TPP countries agreed to “launch a process to assess options to bring the comprehensive, high-quality agreement into force expeditiously, including how …

trade

U.S. Still Likely to Benefit from TPP

Dan Industry News Release, Trade

The United States stands to benefit from the Trans-Pacific Partnership, even though President Donald Trump withdrew the U.S. from the trade agreement. New Zealand Trade Minister Todd McClay told Radio New Zealand the U.S., and other non-TPP countries, will benefit from the changes to the sharing of pharmaceutical information. However, no added benefits extend to agriculture, which TPP was thought …

tpp

Japan Wishes for U.S. to Return to TPP

Dan Industry News Release, Trade

Japan’s Prime Minister Shinzo Abe said this week he hopes the U.S. will rejoin the Trans-Pacific Partnership (TPP) trade agreement that is worth billions of dollars for U.S. agriculture. Japan is continuing to push to finalize TPP, following Donald Trump removing the U.S. from the agreement. The 11 remaining members have started discussions on how to proceed. Prime Minister Abe …

trade

New Zealand Continues TPP Push Without U.S.

Dan Industry News Release, Trade

New Zealand continues its push for the Trans-Pacific Partnership without the United States. New Zealand this week completed its ratification process, approving of the final agreement. Although, the future is uncertain for the trade deal given President Donald Trump removed the U.S. from the agreement earlier this year. Despite that, A New Zealand trade official says ratifying TPP “sends a …

trade

Agriculture Vulnerable Amid Trade Risks

Dan Industry News Release, Trade

U.S. agriculture stands to lose big if a trade dispute with Mexico or Canada surfaces. CoBank CEO Tom Halverson told Bloomberg News recently that agriculture is in a “vulnerable position.” President Trump withdrew the U.S. from the Trans-Pacific Partnership and is vowing to renegotiate the North American Free Trade Agreement. However, as Halverson point out, Mexico is considering Brazil and …

trade

TPP Nations Meet in Canada to Discuss Future of Pact

Dan Industry News Release, Trade

Bloomberg reports Canada is hosting what it calls an “exploratory” round of talks regarding the Trans-Pacific Partnership. Senior trade officials from the remaining countries in the pact are in talks this week in Toronto. The event is expected to be a stage-setter for an upcoming Asia-Pacific Economic Cooperation Summit in Vietnam. The article says this week’s trade talks are a …

trade deal

Former USTR Says Future NAFTA Renegotiations Unpredictable

Dan Industry News Release, Trade

A former U.S. trade representative warned Canada that trade negotiations with the U.S. would be much less predictable with the Donald Trump administration. Obama-era USTR Michael Froman told Canada-based CBC News much of the North American Free Trade Agreement renegotiations with the Trump administration will likely be familiar ground, albeit with a less predictable partner. Froman helped lead the Obama …

tpp

Japan Taking Lead on TPP Without U.S.

Dan Industry News Release, Trade

Japan is seeking to revive the Trans-Pacific Partnership (TPP) trade deal without the United States. President Donald Trump in January removed the U.S. from the deal that was estimated to be worth more than $4 billion to U.S. agriculture. Now, Japan is seeking to amend the deal to 11 nations, cutting out the U.S., and moving forward. The Nikkei (Nee-kay) …