Below you'll find a list of all posts that have been categorized as “Export/Import”
In a sign of easing trade tensions, the U.S. and European Union agreed late last week to suspend tariffs on a variety of products, including peanuts. While for now, it’s only a temporary removal of the tariffs, Tyron Spearman reports it’s still good news for the U.S. peanut industry.
(NAFB) — Japan is imposing an emergency tariff hike on U.S. beef imports late this week. The volume of imports for the fiscal year 2020 is believed to have exceeded 242,000 metric tons, beyond which the duty hike gets automatically implemented. If the tariff goes into effect, it jumps from 25.8 percent to 38.5 percent for a month under a …
The U.S. is the world’s second-largest agricultural trader after the European Union. U.S. agricultural exports grew significantly over the last 25 years, from $46.1 billion in 1994 to $126.7 billion in 2019. It’s no surprise that Canada and Mexico are two of the top destinations. The elimination of agricultural trade barriers through the 1994 North American Free Trade Agreement, which …
The U.S. and China have postponed a review of the Phase One trade deal as China continues to buy large amounts of U.S. farm commodities. The two sides were set to meet over the weekend, but the delay allows China more time to buy U.S. crops. However, the postponement arose over scheduling conflicts, according to Reuters. Saturday marked the six-month …
President Donald Trump recently told reporters a Phase Two agreement with China is not likely. The President said aboard Air Force One last week, “I don’t think about that,” adding, “The relationship with China has been severely damaged.” Bloomberg News reports the Trump administration continues to pressure China over the COVID-19 outbreak, alleging a cover-up by China, among other things. …
Agriculture Secretary Sonny Perdue says he’s still hoping a new North American Free Trade Agreement (NAFTA) will be hammered out soon. Gary Crawford has the story.
Big expansion plans for an already huge global livestock show is among the news coming out of the Sommet de l’Élevage in south central France this week. This year’s Sommet welcomed nearly 90,000 visitors and coordinators hope to see that number grow in the coming years. AgNet Media Founder and President Gary Cooper has been in France covering the event. …
Now that U.S. producers have established their presence at the Sommet de l’Élevage, they are now talking potential beef trade with the European Union. The Sommet is the EU’s largest livestock show in which exhibitors and attendees are encouraged to make business connections. Renee Strickland, who is representing the U.S. Livestock Exporters Association, has said that one of her goals …
Day two of the Sommet de l’Élevage is underway. The second day of the Sommet is a big one since the trade show is open and attendees are given the chance to mingle and create business connections. Renee Strickland has been tending to her booth today, as well as talking to many international Sommet attendees. Strickland, a south Florida rancher …
A recent study says any rollback of Obama-era moves to normalize relations with Cuba will harm U.S. Agriculture. The study by Engage Cuba, a coalition of private companies seeking an end to the Cuba embargo, says any new regulations on exporting agricultural commodities to Cuba could cost $1.5 billion and affect 2,200 U.S. jobs. That’s on top of the estimated …
