Canada says it is critical that the North American Free Trade Agreement includes a dispute resolution mechanism, setting up a potential clash with the United States once renegotiations begin next month. The United States goals for the NAFTA renegotiation released last week include a desire to ditch the Chapter 19 dispute settlement mechanism. That mechanism has hindered the U.S. from …
U.S., China Sign Agreement to Provide Market Access for U.S. Rice Exports
Agriculture Secretary Sonny Perdue Thursday announced the U.S. Department of Agriculture has reached a final agreement with Chinese officials to allow the United States to begin exporting rice to China for the first time. Secretary Perdue says the agreement has been in the works for more than a decade and says the agreement represents “an exceptional opportunity” with potential for …
First Round of NAFTA Talks Scheduled
As expected, U.S. trade officials confirmed this week that North American Free Trade Agreement renegotiations would begin August 16th, the first day allowed by U.S. law. The office of U.S. Trade Representative Robert Lighthizer announced this week that the talks would kick off in Washington, D.C. on August 16th, and the initial rounds of negotiations are scheduled to wrap up …
Farm Bureau Responds to USTR’s NAFTA Objectives
The following statement may be attributed to Zippy Duvall, president, American Farm Bureau Federation: “The North American Free Trade agreement has helped America’s farmers and ranchers make significant gains in U.S. ag exports to Canada and Mexico, and the administration’s negotiating objectives for the agreement will maintain and improve agricultural trade with our nearest trading partners. We look forward to …
NAFTA Renegotiation Objectives and US Agriculture
Monday afternoon the U.S. Trade Representative’s Office announced renegotiation objectives for the North American Free Trade Agreement, including those applying to ag and food trade. Rod Bain has more about what these objectives are for NAFTA. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
USTR Releases NAFTA Negotiating Objectives
United States Trade Representative Robert Lighthizer today released a detailed and comprehensive summary of the negotiating objectives for the renegotiation of the North American Free Trade Agreement (NAFTA). Through the renegotiation of NAFTA, the Trump Administration will seek a much better agreement that reduces the U.S. trade deficit and is fair for all Americans by improving market access in Canada …
Trade Retaliation Worries Ag Groups
18 agriculture groups representing the majority of production agriculture sent a letter to the Trump administration recommending it avoid placing restrictions on steel and aluminum imports. The groups are worried that such a move would negatively impact U.S. food and agriculture exports. The groups said in the letter that, “the aftermath of those restrictions could be disastrous for the global …
NPPC Testimony Details Benefits of NAFTA
Last week, the National Pork Producers Council submitted to the House Ways and Means Committee testimony on the importance of trade to the U.S. pork industry. The organization focused on the benefits of the North American Free Trade Agreement (NAFTA), stressing the vital role the agreement has played in U.S. economic and agricultural expansion. According to the NPPC, in 2016 U.S. …
EU Strikes Trade Deal With Japan
U.S. Must Do Likewise, Says NPPC Following the announcement by the European Union and Japan that they have reached agreement in principle on a trade pact, the National Pork Producers Council renewed its request that the Trump administration begin negotiations on a free trade agreement with Japan. “The United States must quickly finalize a trade deal with Japan if it …
Trump Talks Trade with South Korea
President Donald Trump met with the new President of South Korea on Friday and opened up the session with tough trade talk. An L.A. Times article says Trump announced he will be renegotiating a trade agreement with South Korea that’s already been in place for five years. The agreement is a co-legacy for both Presidents Bush and Obama and it …