The European Union is seeking to expand its trade relationship with Mexico. Under the current trade agreement between the EU and Mexico, the EU’s most active trading sectors with Mexico are machinery and car parts. The current agreement was implemented in 2000. Politico reports that a renewed deal would also be a response to Trump’s aggressive trade stance against Mexico. …
U.S. Ag Machinery Industry Says NAFTA Could Use Changes
New surveys by the Association of Equipment Manufacturers and the Equipment Dealers Association show modest satisfaction with the current North American Free Trade Agreement (NAFTA), but a suggestion that there is room for improvement. Survey results revealed that 36 percent of equipment dealers and 59 percent of manufacturers are largely satisfied with the existing terms of NAFTA, but that some …
Agri View: Talk Continues on Effects of the Wall
Everett Griner talks about how the wall will affect agriculture in today’s Agri View. Well, talk continues about the wall. What is it going to cost? Estimates range from 8 billion to 25 billion dollars. Whatever the cost, constructing that wall is not the only thing that generates financial repercussions. Trade, especially farm trade. Sale of farm …
Canada, U.S., Ag Leaders Talk Tade
The top agriculture leaders from the United States and Canada met earlier this week, discussing trade and the renegotiation of the North American Free Trade Agreement. While no negotiations took place during the meeting, according to the U.S. Department of Agriculture, the pair did lay out concerns on agricultural trade issues, including dairy. U.S. Agriculture Secretary Sonny Perdue said the …
Sonny Perdue Talks Dairy Issues with Canadian Counterpart
NAFTA renegotiations and dairy issues were some of the topics Agriculture Secretary Sonny Perdue discussed with Canadian leaders this week as part of his first international trip as Secretary. According to a story from Gary Crawford, they had what Perdue describes as “frank” discussions about dairy issues. Sponsored ContentFlorida Cattle Enhancement Board Plays Major Role In Applied Beef Cattle ResearchOctober …
Legislation Would End Cuba Trade Embargo
A bipartisan group of U.S. Senators has come together to co-sponsor legislation that would end the Cuban trade embargo. The bill is called the “Freedom to Export to Cuba Act” and would bring an end to all legal barriers for the U.S. to conduct business with Cuba. Minnesota Democrat Amy Klobuchar says U.S. policy toward Cuba has been defined by …
Agriculture Secretary Sonny Perdue to Travel to Canada
Secretary Sonny Perdue will make his first international trip as U.S. Secretary of Agriculture, Monday, June 5, to Toronto, Canada. “The bilateral U.S.-Canada relationship is important to the prosperity of both of our countries and I look forward to strengthening this bond with our neighbors to the north moving forward,” said Perdue. Perdue will meet with Canadian Minister of Agriculture …
Rollback of Cuba Policies Will Harm U.S. Agriculture
A recent study says any rollback of Obama-era moves to normalize relations with Cuba will harm U.S. Agriculture. The study by Engage Cuba, a coalition of private companies seeking an end to the Cuba embargo, says any new regulations on exporting agricultural commodities to Cuba could cost $1.5 billion and affect 2,200 U.S. jobs. That’s on top of the estimated …
Senate Agriculture Committee Chairman on U.S. Beef to China
U.S. trade officials are meeting this week with counterparts in China to finalize trade protocols regarding the export of U.S. beef to China. The move follows last month’s announcement that the U.S. and China reached an agreement to restart U.S. beef exports to China, sidelined since 2003. However, as the Financial Times reported last week, China already has access to …
Leaving Paris Climate Accord Could Impact Trade Negotiations
The Donald Trump administration is pledging a plan of bilateral trade negotiations with individual countries, but Politico speculates his latest move may hinder negotiations. President Trump removed the U.S. from the Paris climate accord last week, joining just Nicaragua and Syria as the only nations not to sign the pact. Politico says the withdrawal sets up the potential for other …