Members of the Coalition to Promote U.S. Agricultural Exports and the Agribusiness Coalition for Foreign Market Development welcomed introduction of House Resolution 2321 last week, the Cultivating Revitalization by Expanding American Agricultural Trade and Exports Act. The Act was introduced by Washington-State Republican Representative Dan Newhouse and Maine Democratic Representative Chellie (Shell-lee) Pingree. The coalitions say the CREAATE Act captures …
Canada, Mexico, Eyeing Trade Markets Beyond U.S.
Mexico and Canada both are eyeing new trade partners as trade rhetoric and threats from the U.S. are growing trade-related concerns between the three countries. The North American Free Trade Agreement members, Canada and Mexico, are considering non-U.S. markets, including China, to grow their economies in the future. The moves come as President Donald Trump promises a renegotiation of NAFTA, …
Free Trade, Relationships Key To Market Competitiveness In South Korea
Recent events in foreign policy and the ongoing conversation about the value of U.S. trade agreements have put a spotlight on South Korea as a close U.S. ally and an important customer for U.S. products, including grains. South Korea is now the fifth largest market for U.S. agricultural exports, totaling $6.2 billion in purchases in 2016. The country was the …
NMPF, USDEC Organize Dairy Fly-In on Capitol Hill to Build Support for Trade with Canada, Mexico
U.S. dairy leaders from across the country visited Washington, D.C., this week to urge Congress and Trump Administration officials to hold Canada accountable for its trade violations and hasten the repeal of Canada’s controversial new dairy pricing system. During a fly-in rally organized Tuesday and Wednesday by the National Milk Producers Federation (NMPF) and the U.S. Dairy Export Council (USDEC), …
TPP Nations Meet in Canada to Discuss Future of Pact
Bloomberg reports Canada is hosting what it calls an “exploratory” round of talks regarding the Trans-Pacific Partnership. Senior trade officials from the remaining countries in the pact are in talks this week in Toronto. The event is expected to be a stage-setter for an upcoming Asia-Pacific Economic Cooperation Summit in Vietnam. The article says this week’s trade talks are a …
U.S. Agriculture Uncertain about Future of NAFTA
In 1994, the North American Free Trade Agreement (NAFTA) went into effect under the Clinton administration. An idea that came about in the 1980s under President Reagan that allowed free trade between the United States, Canada and Mexico came with two main goals: to expand North American trade and to make these countries more competitive in the global marketplace. The …
Canada/Mexico Doing NAFTA Renegotiations “Together”
The relationship between Mexico and Canada amid the upcoming North American Free Trade (NAFTA) negotiations is said by both countries to be more important than ever. The Canadian Broadcasting Company website says Mexican President Enrique Pena (payn-ya’) Nieto (Knee-eht-oh) and Canadian Prime Minister Justin Trudeau were both caught off guard by media reports saying U.S. President Donald Trump was readying …
Perdue Convinces Trump Not to Terminate NAFTA
The new secretary of agriculture played a big part in convincing President Trump to not pull out of the North American Free Trade Agreement. He had a little help from the secretary of commerce in doing so. Daily Caller Dot Com reports that just days after taking office, Ag Secretary Sonny Perdue persuaded the president to change his mind after …
Trump Threatens to Terminate ‘KORUS’
In a recent interview, President Donald Trump threatened to terminate a trade agreement with South Korea, which he referred to as a “horrible deal that’s left America destroyed.” A Washington Post article says Trump sharply criticized the U.S. free trade agreement with South Korea, known as “KORUS,” which was most recently ratified in 2011. “It’s a Hillary Clinton disaster, a …
Former USTR Says Future NAFTA Renegotiations Unpredictable
A former U.S. trade representative warned Canada that trade negotiations with the U.S. would be much less predictable with the Donald Trump administration. Obama-era USTR Michael Froman told Canada-based CBC News much of the North American Free Trade Agreement renegotiations with the Trump administration will likely be familiar ground, albeit with a less predictable partner. Froman helped lead the Obama …