Dairy industry leaders from Australia and New Zealand say they would support the U.S. in potential World Trade Organization action against Canada. Leaders from both nations say they would support President Donald Trump if he included the WTO in a trade dispute over a milk pricing scheme by Canada that is harming U.S. dairy farmers. U.S. dairy groups say the …
Mexico Finishing New Trade Deal with Argentina
Mexico is looking to establish closer ties with other Latin American and South American countries after Donald Trump took office in the United States, its biggest export market. Reuters says Mexico expects to finish a new trade agreement with Argentina by the end of this year as it continues to try to diversify its trading partners. Argentina could make significant …
Pence Talks Trade in Japan
Vice President Mike Pence was in Tokyo on Tuesday, calling for “stronger and more balanced bilateral trade relationships” with countries like Japan and South Korea. A Washington Post article says his comments raise the prospect of trade talks with Japan as well as a look into the current agreement with South Korea. Japan and the U.S. seem to have different …
Japan Taking Lead on TPP Without U.S.
Japan is seeking to revive the Trans-Pacific Partnership (TPP) trade deal without the United States. President Donald Trump in January removed the U.S. from the deal that was estimated to be worth more than $4 billion to U.S. agriculture. Now, Japan is seeking to amend the deal to 11 nations, cutting out the U.S., and moving forward. The Nikkei (Nee-kay) …
Increase in Cotton Exports
The latest numbers from the U.S. Department of Agriculture’s Supply and Demand Report indicate an increase in cotton exports. Tyron Spearman has the details. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Dairy, Ag Groups Urge President Trump to Act Immediately to Halt Canada’s Continued Disregard of Trade Obligations
The U.S. dairy sector and state agriculture officials urged President Donald Trump to take immediate action against Canada’s repeated and escalating disregard for its trade obligations under the North American Free Trade Agreement (NAFTA). Most recently, Canada implemented a new national pricing policy that blatantly blocks American dairy exports and will enable significant dumping of Canadian dairy products onto the …
World Trade Expanding Amid Deep Uncertainty
The World Trade Organization says world trade is on track to expand 2.4 percent this year, although there is “deep uncertainty” about economic and policy developments in the United States. The WTO says clarity is needed on President Donald Trump’s trade policies. The WTO pushed against trade protectionism in comments as a spokesperson said: “we should see trade as part …
Trade Critical for U.S. Railway Operators
Union Pacific says millions of American jobs depend on trade occurring along the U.S.-Mexican border, and that fact needs to be considered during any discussion of changes to the North American Free Trade Agreement. The railroad company is highlighting the impact of the agreement as an effort to promote trade across the border. Less trade between the U.S. and Mexico …
White House Plans to Tackle Tough Issues First in NAFTA Talks
The Donald Trump administration is considering front-loading the upcoming renegotiation of the North American Free Trade Agreement (NAFTA) by negotiating the political issues first, ahead of more technical talks. A former official at the U.S. Trade Representative’s office told Politico this week the idea would be to “have a lot of those high-level discussions with principals at the beginning, and …
Pence, Ross, to Talk Trade with Japan
Vice President Mike Pence and Commerce Secretary Wilbur Ross will travel to Japan to discuss trade later this month. The duo is scheduled to travel to Tokyo on April 18th. The U.S. officials will meet with Japan’s finance, foreign and industry Ministers. Japan is the top export market for the U.S. pork industry, and the National Pork Producers Council has …