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Below you'll find a list of all posts that have been categorized as “Trade”
The Mexican Ambassador says there is a 50-50 chance that the North American Free Trade Agreement (NAFTA) will be “terminated.” Geronimo Gutierrez says there are tensions hanging over the three sides in the negotiations and that’s creating an air of uncertainty. The Hill Dot Com says despite that, he still thinks a deal to update the agreement can be done …
Several pro-trade Republicans met with President Donald Trump on Tuesday to discuss trade. Their goal was to let the president know on a face-to-face basis how important the North American Free Trade Agreement is and to keep negotiating. U.S. officials have taken a hard-line stance in the negotiations with Canada and Mexico, causing concern that the talks could fall apart …
The U.S. exported more than $12 billion of agricultural products to Mexico last year, including over 82,000 metric tons of peanuts. According to a story from Tyron Spearman, Mexico now ranks the number two buyer of U.S. exports, and overall NAFTA has been good for the peanut industry. NAFTA Has Been Good for Peanuts
Rice production in the United States is down 20 percent compared to last year, while futures prices for the commodity are up 30 percent from a year ago. Online source World-Grain reports the drastic reduction largely was the result of reduced planted and harvested area as rice lost acreage mainly to soybeans and cotton. Rice prices were dropping in March …
South Korea trade officials announced Monday the government will submit a plan to renegotiate the U.S.-Korea Free Trade Agreement (KORUS) to the nation’s National Assembly government body. South Korea’s Trade Minister met with officials from 20 ministries and government regarding KORUS, and the plans to renegotiate the trade agreement. A senior trade official told the Korea Herald newspaper: “We hope …
Ag State lawmakers continue to voice strong concern, even worry, that the U.S. may pull out of the North American Free Trade Agreement (NAFTA), with dire consequences for home-state farmers and ranchers. The latest Department of Agriculture export forecast shows the importance of Canada and Mexico as the U.S.’s second and third-largest markets, respectively, and Secretary Sonny Perdue hails both, …
Leadership from the U.S. Grains Council (USGC) and National Corn Growers Association (NCGA) last week spent time in South Korea and Mexico to talk trade. The two organizations met with customers and government officials during what they call a period of policy uncertainty in the U.S. corn industry’s top markets. Mexico is the top purchaser of U.S. corn, while South …
Forbes speculates that the North American Free Trade Agreement (NAFTA) negotiations may be reaching a breaking point. Little progress has been made in previous talks as the U.S. continues to push a hardline stance that the governments of Canada and Mexico aren’t going to accept. Last week, a government official from Mexico left a meeting with the Trump Administration with …
The 11 remaining members of the Trans-Pacific Partnership are moving forward with a modified trade agreement, known as the Comprehensive and progressive Agreement for Trans-Pacific Partnership, or the CP-TPP. Officials with the U.S. Meat Export Federation say this updated deal will leave American producers in the dust. Federation economist Erin Borror says market access remains the biggest concern for U.S. …
Arkansas Representative Rick Crawford is renewing his call to open agricultural trade with Cuba. The Republican says his proposal is an alternative to repealing the Cuban trade embargo, allowing the U.S. to tap into Cuba’s $2 billion agricultural market, according to Politico. Crawford first proposed the bill in January that would cut back restrictions on U.S. financing for agriculture exports, …
