U.S. frozen beef exports to Japan are down 26 percent after Japan imposed an emergency tariff due to an influx of frozen beef from the United States. The tariff increased from 38.5 percent to 50 percent of the Japanese market, to protect domestic producers. Meat industry publication Meatingplace reports Japan’s frozen beef imports from the U.S. were 4,317 metric tons …
Trump on KORUS to Lighthizer: Call Me a “Crazy Guy”
Online source Axios reports that President Donald Trump told U.S. Trade Representative Robert Lighthizer to portray him as a “crazy guy” during the upcoming U.S.-Korea Free Trade Agreement meeting. South Korea will host the meeting with Lighthizer this week to discuss “ways to move forward” with KORUS. The meeting is the second on KORUS, following discussion between Korea and U.S. …
NAFTA Talks to Return to Washington, D.C.
The North American Free Trade Agreement renegotiation effort will return to Washington, D.C. this month for the fourth round of official talks. The negotiations will resume October 11th through the 15th, following a round of talks in Canada last month. Canadian Minister of Foreign Affairs Chrystia Freeland said progress was made in the most recent meetings “on a number of …
Canada Better Positioned for NAFTA Talks Than 23 Years Ago
Canada’s Prime Minister during the original North American Free Trade Agreement negotiations says the nation is in a better position now than it was 23 years ago to negotiate the agreement. Former Prime Minister Jean Chretien served in office between 1993 and 2003. He said back in 1994, Canada had a surplus of $50 billion a year in trade. But …
Dairy Industry Cautions Japan to Respect Current Trade Relationships
Japan’s agriculture officials must respect current market access between Japan and its trading partners, including the United States, when reviewing a list of geographical indications (GIs) proposed by the European Union (EU), or else risk disrupting one of the world’s largest consumer marketplaces, the U.S. dairy industry urged. In a letter to the Japanese Minister of Agriculture, Forestry and Fisheries, leaders …
Mexico Says U.S. Proposals Would Threaten Free Ag Trade
Pan Am Post Dot Com says the U.S. will be putting forth controversial proposals during the next round of North American Free Trade Agreement negotiations. The U.S. will allegedly be putting forth proposals for what it calls “seasonal windows” when it comes to agriculture trading with Mexico and Canada. The article says this type of a proposal would be a …
NAFTA Nations Reports Progress Despite Tensions
Negotiators in the North American Free Trade Agreement talks say they’re making progress after the third round of talks concluded Wednesday. A Bloomberg report says that talk of progress comes as tensions grow between the U.S. and Canada over aircraft. The U.S. imposed trade duties on Canadian-made aircraft, inflaming tensions with Canada. The nations did make some progress in the …
South Korea Trade Representative Meets with U.S. Lawmakers
South Korea’s Trade Minister is meeting with lawmakers in Washington, D.C. this week, ahead of a meeting with U.S. Trade Representative Robert Lighthizer next month. Lighthizer will meet with Korea next month to discuss a “path forward” for KORUS, The U.S.-Korea Free Trade Agreement. Korea’s Trade Minister has met with agriculture sector lawmakers, including Nebraska Republican Deb Fischer, to discuss …
WTO Will Investigate U.S. Complaint over China
The World Trade Organization has created a dispute panel to investigate U.S. complaints regarding import quotas by China. The panel came at the request of the U.S. regarding quotas on wheat, rice, and corn. The panel on tariff rate quotas for agricultural products was automatically established as it was the second request by the United States at the WTO Dispute …
South Korea to Host KORUS Trade Meeting
South Korea will hold a second round of trade talks with the United States next month. The meeting comes as the Trump administration wants to either renegotiate a free trade agreement between the two or withdraw from the agreement. A South Korea news agency reports the meeting will take place on October 4th, but the two sides have yet to …