2019 Trade Aid May Violate WTO Commitments

Dan Exports/Imports, Industry News Release, Trade

(NAFB) — A recent independent report suggests U.S. trade aid in 2019 for farmers may surpass limits set in World Trade Organization commitments. The report for the American Enterprise Institute by Joe Glauber, a former Department of Agriculture Chief Economist, suggests the size of payments made to producers in 2019 may encourage other WTO members to challenge the payments. Glauber …

Chinese trade practices

US Wins Another Dispute Over Chinese Trade Practices

Dan Trade

A World Trade Organization (WTO) dispute settlement panel found that certain Chinese trade practices were inconsistent with WTO commitments.  U.S. Trade Representative Robert Lighthizer and Secretary of Agriculture Sonny Perdue announced that the WTO panel found China had administered its tariff-rate quotas (TRQs) for wheat, corn, and rice in a manner that unfairly limited American grain farmers access to the …

chinese trade practices

Too Early to Talk U.S. Withdrawal From WTO

Jim Rogers Industry News Release

Commerce Secretary Wilbur Ross says it’s “too early” to talk about the possibiity of the United States leaving the World Trade Organization. A Bloomberg report says the discussion comes about as a result of the Trump Administration continuing to talk about ways to improve the organization. During an interview with CNBC, Ross said, “The WTO knows there are some reforms …

Trump Administration Drafting Bill to Pull U.S. Out of WTO?

Jim Rogers Industry News Release

The website AXIOS, as well as AOL, are both reporting that the Trump Administration has drafted a bill that would abandon the United States’ commitment to the World Trade Organization’s rules. Trump has reportedly been discussing the withdrawal of the U.S. from the WTO altogether. However, Congress is unlikely to approve the measure. Administration officials involved in drafting the legislation …

dairy

Australia and New Zealand Dairy Leaders Would Support U.S. WTO Action on Canada

Dan Dairy, Industry News Release, Trade

Dairy industry leaders from Australia and New Zealand say they would support the U.S. in potential World Trade Organization action against Canada. Leaders from both nations say they would support President Donald Trump if he included the WTO in a trade dispute over a milk pricing scheme by Canada that is harming U.S. dairy farmers. U.S. dairy groups say the …

cobank

World Trade Expanding Amid Deep Uncertainty

Dan Industry News Release, Trade

The World Trade Organization says world trade is on track to expand 2.4 percent this year, although there is “deep uncertainty” about economic and policy developments in the United States. The WTO says clarity is needed on President Donald Trump’s trade policies. The WTO pushed against trade protectionism in comments as a spokesperson said: “we should see trade as part …

U.S. Dairy Companies Push Back Against Canada’s Protectionist Policies

Dan Dairy, Industry News Release, Trade

Group Urges U.S. Governors to Aid in Preserving Export Markets and ‘Consider All Tools at Their Disposal’ The U.S. dairy industry continued to push back against Canada’s protectionist policies that are effectively blocking American dairy imports into the country in violation of international agreements. A group of 17 dairy companies representing dairy farmers and processors from coast to coast asked …