White House officials have temporarily halted discussions on the possibility of terminating a free trade agreement with South Korea. A senior White House official told Reuters on Wednesday night that the deal could still be terminated but there were no immediate plans to do so. President Trump had been talking with his senior advisers about the possibility of withdrawing from …
Agri View: Farm Trade
Everett Griner talks about Cuba needing United States farm trade in today’s Agri View. It has been 50 years since Cuba turned politically away from the United States. It made a big difference. That philosophy has not changed. But, the years have brought changes. Trade between the United States and Cuba still is a costly problem to …
Grassley Weighs in on Latest Threats to Withdraw From Trade Agreements
A key U.S. ag senator has weighed in on President Trump’s latest threats to withdraw from trade agreements, including one with strategically important South Korea, the KORUS agreement. Longtime Senate Ag Republican Chuck Grassley doesn’t think ditching a trade deal with one of America’s biggest trading partners in ag and manufacturing, South Korea, makes much sense But like NAFTA, now …
Agriculture to Trump: Don’t Mess with KORUS
Agriculture groups responded to President Donald Trump’s comments regarding a free trade agreement with South Korea over the weekend by urging the President not to withdraw from the accord. Trump said the U.S. would consider withdrawing from the U.S.-Korea Free Trade Agreement, known as KORUS. U.S. Wheat Associates chairman Mike Miller says: “It would be irresponsible to unilaterally walk away …
NAFTA Round Two Concludes in Mexico City
Round two of the renegotiation talks regarding the North American Free Trade Agreement (NAFTA) was largely uneventful, according to those included in the talks. While the U.S. is suggesting a deal can be completed by the end of this year, many see the slow progress as an indication of a much longer negotiation process. Mexico’s top agriculture official told Bloomberg, …
Some Speculate Trump May Terminate NAFTA as a Negotiation Tactic
Canada-based Global News reports U.S. President Donald Trump may terminate the North American Free Trade Agreement (NAFTA) to get more from Mexico and Canada during the ongoing renegotiation effort. Round two of the negotiations started Friday in Mexico City, Mexico. Most analysts believe the heated rhetoric is a negotiating tactic – but that doesn’t mean Trump won’t actually start the …
American Trucking Industry Watching NAFTA Negotiations Closely
September brings a new round of negotiations on the North American Free Trade Agreement (NAFTA). One group keeping an eye on how things progress is the American Trucking Associations. Bob Costello, chief economist and senior vice president, says the truckers have a big stake in the outcome. Since NAFTA was first implemented, truckers now move 71 percent of the total …
Specialty Crop Growers Want Changes to NAFTA
Specialty crop growers are more than ready to see changes to the North American Free Trade Agreement (NAFTA). While certain agriculture industries have fared well from the agreement, such as potatoes, apples and cherries, specialty crops have not. Established in 1994, NAFTA created free trade between the United States, Canada and Mexico. However, the United States specialty crop industry is …
Perdue Talks NAFTA Benefits with Trump
President Donald Trump is once again threatening to tear up the North American Free Trade Agreement. USDA Ag Secretary Sonny Perdue spoke with the president this week about the merits of the trade deal. Bloomberg says Perdue is working to convince Trump that NAFTA has been a boon to agriculture. Perdue said the deal does have “rough edges” that could …
Officials from Mexico Visited Washington After NAFTA Threats
Two government officials from Mexico were in Washington D.C. earlier this week, following threats by President Donald Trump to terminate the North American Free Trade Agreement. While Canada and Mexico have both dismissed Trump’s threats as a negotiating tactic, two officials traveled to Washington on what the Mexican Government called a “pre-planned” trip. A source in the foreign ministry of …