(NAFB) — Japan and the U.S. are “working hard” to reach a trade agreement, according to those close to the negotiations. A Japanese official told Reuters this week, “Our team is now working pretty hard, so we are looking forward to some news in the near future.” The U.S. and Japan are reportedly working on a small trade deal involving …
CBB Executives Detail Recent Beef Leadership Trip to Taiwan and Japan
CENTENNIAL, CO (CBB) — Chuck Coffey, chairman, and Jared Brackett, vice chairman, of the Cattlemen’s Beef Promotion & Research Board (CBB) recently traveled to Taiwan and Japan as part of a U.S. contingent exploring opportunities for U.S. beef in those countries. The week-long trip took place May 4-May 11, 2019. “Taiwan and Japan are in prime position for further market …
WTO Rules against US over Pre-Trade War Dispute with China
(NAFB) — The World Trade Organization (WTO) ruled against the United States in a pre-trade war dispute with China, opening the door for more retaliatory tariffs. The ruling says some U.S. tariffs on Chinese goods do not comply with WTO rules. The case opened in 2012 when the United States implemented tariffs aimed at products the U.S. claimed “were unfairly …
Livestock Industry: Pass USMCA
(NAFB) — Tuesday, the House Agriculture Committee’s Livestock and Foreign Agriculture Subcommittee held a hearing to review the state of the U.S. livestock and poultry economies. Livestock industry witnesses were unanimous in their message to Congress—pass the U.S.-Mexico-Canada trade agreement (USMCA) now. Here is John Zimmerman for the National Turkey Federation. “Our number one priority is passage of USMCA. Our …
Pork Industry Battling Challenges From Trade to Labor Shortage
WASHINGTON, D.C. (NPPC) – The U.S. pork industry faces numerous challenges both at home and abroad that, if not addressed, will pose significant harm to our farms, rural communities and ultimately consumers, National Pork Producers Council (NPPC) President David Herring, a pork producer from Lillington, N.C., testified before the House Agriculture Subcommittee on Livestock and Foreign Agriculture. “One of the …
USMCA Needs to Pass as Soon as Possible
Last week, U.S. Vice President Mike Pence made a stop in California’s San Joaquin Valley to highlight the benefits of the United States-Mexico-Canada Agreement (USMCA). He urged the ag industry to encourage their representatives to ratify the agreement. Hundreds gathered to hear several guest speakers discuss the impact the replacement for the North American Free Trade Agreement would have on …
Trump: China Letting U.S. Down on Lack of Agricultural Purchases
(NAFB) — President Donald Trump says China “is letting us down” by not purchasing U.S. agricultural products. China is not buying U.S. ag products as Trump says its leaders promised as part of an effort to negotiate towards ending the trade war. Trump and Chinese President Xi Jinping at the G-20 Summit last month agreed to move forward with negotiations …
White House to Send USMCA to Congress this Fall
(NAFB) — The White House will send the U.S.-Mexico-Canada Agreement (USMCA) to Congress after September first, setting up a busy fall schedule for lawmakers. While the goal of the move is to set up a vote before the end of the year, lawmakers will also be working on spending bills and nearing election season. Further, House Democrats are still seeking …
Time Running Out on USMCA Summer Vote
(NAFB) — Supporters of the U.S.-Mexico-Canada Trade Agreement (USMCA) have been pushing for some time to see a summer vote on the deal. They’d like Congress to ratify the deal before they head off on their August recess. However, House Democrats say they’re not in a hurry to hold a vote. That pre-recess legislative window is getting closer to slamming …
Pork and Beef Exports Rebound in May
(NAFB) — May exports of U.S. pork and beef were steady with last year’s strong volumes and increased year-over-year in value. The U.S. Meat Export Federation (USMEF) says pork exports totaled 218,000 metric tons in May, steady with last year’s pace, while value increased one percent to $567 million, the highest monthly value total since April 2018. For January through …