With an agreement on the Trans-Pacific Partnership in place, Canada says there is now no room to negotiate it’s dairy pricing scheme through the North American Free Trade Agreement (NAFTA). TPP-11, as it’s called, will be signed in March by the 11 remaining member countries. The agreement was reached a day shy of a year after President Trump removed the …
Cattlemen on TPP Moving Forward Without U.S.
It was announced this week the 11 nations that moved forward without the United States on the Trans-Pacific Partnership (TPP) have reached a final agreement. National Cattlemen’s Beef Association (NCBA) Director of International Trade and Market Access, Kent Bacus, says TPP would have been a great opportunity for U.S. beef. Cattlemen on TPP Moving Forward Without US from NCBA: Cattlemen …
U.S. Ag, Equipment Companies, Benefiting from Trade with Cuba
U.S. agriculture is benefiting from trade with Cuba, according to new figures released by the U.S.-Cuba Trade and Economic Council. Exports of food and agricultural products from the U.S. to Cuba in November of 2017 were pegged at $21.2 million, compared to $10.59 million in November 2016, and $6.24 million in November of 2015. There were also substantial increases in …
Study: Killing NAFTA Kills Manufacturing, Agriculture Jobs
A new report by Business Roundtable suggests that ending the North American Free Trade Agreement (NAFTA) would result in job losses of more than 1.8 billion in the United States. As negotiators are meeting in Canada this week, the report was released to “urge the administration to take into account the potential damage of withdrawing from NAFTA.” Drafting two scenarios, …
TPP 11 Agreement in Place, Signing set for March
Just as Trans-Pacific Partnership (TPP) nations seemed ready to leave Canada behind, the nation has reached an agreement to sign the trade pact. Renamed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, the agreement comes after talks in Japan this week, according to CBC News of Canada. With Canada now on board, with the approval of its agriculture sector, the …
Farm Bureau Members Focusing on Trade
The sixth round of North American Free Trade Agreement (NAFTA) talks are underway in Canada, and the American Farm Bureau Federation is looking to the talks as a way to modernize the agreement and improve on gains for U.S. ag. AFBF senior director of congressional relations Dave Salmonsen says top trade officials are attending the talks this week, and could …
TPP Talks Continue as Canada Shows Hesitation
Trade officials gathering this week in Tokyo are trying to forge ahead on the Trans-Pacific Partnership (TPP) without the United States but are bogged down by Canada. The member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, also known as TPP 11, reached a basic agreement on the pact in November. But, Canada is holding out to secure …
Another Round of NAFTA Talks Getting Underway
Trade negotiators are in Montreal for the next round of talks regarding the North American Free Trade Agreement (NAFTA). The session could be the last round of significant talks before the Mexican presidential campaigns which lead up to a July first election, making negotiations too difficult, according to the Hagstrom Report. The talks will last until January 29th, when the …
Cattle Producers Uneasy with Trade Issues
The beef industry, like many others in agriculture, knows the importance of trade with other countries. One of the biggest is the North American Free Trade Agreement, as NAFTA is important to the beef industry. National Cattlemen’s Beef Association (NCBA) senior vice president of government affairs, Colin Woodall, knows there is some uneasiness right now as to what will happen …
Mexican Ambassador says NAFTA Negotiations Are Making Progress
The Mexican Ambassador to Washington tells Bloomberg that the U.S., Canada, and Mexico have general agreement on 40 percent of the topics being renegotiated in the NAFTA talks. Geronimo Gutierrez says Mexico may also be willing to accept an increase in the minimum regional content for automobiles traded under the deal. Gutierrez says Mexico is focusing on increasing employment, something …