Last week, President Trump did sign the first phase of a trade deal with China that includes the purchase of $40 billion in agricultural products. Agriculture Secretary Sonny Perdue says this agreement goes a long way in leveling the playing field for U.S. agriculture. “This agreement once again is proof President Trump’s negotiating strategy is working. It may have taken …
Ag Secretary Expecting the Third Round of Trade Aid Payments
Even though the first trade deal with China has been signed, Ag Secretary Sonny Perdue says he still expects U.S. farmers to get a third-round of 2019 trade aid payments. USDA hasn’t officially announced if and when the farmers would get those payments. Perdue tells Bloomberg that the move is still waiting for approval from the White House Office of …
Secretary Perdue on Passage of USMCA
The Agriculture Secretary looks forward to future benefits for farmers and ranchers now that the U.S.-Mexico-Canada Agreement (USMCA) trade deal has passed the U.S. Senate and will soon be signed by the President. Rod Bain has the story. The signing of the agreement would signal Canada to approve the agreement, whose government has been waiting for U.S. approval. Mexico already approved …
Ag Groups Respond to Senate Passage of USMCA
Yesterday we reported that many agricultural groups were pleased with the signing of the phase-one trade agreement between the United States and China. Today, the trade news continues as the U.S. Senate has passed the United States-Mexico-Canada Agreement (USMCA) by a vote of 89-10. Many agricultural groups also cheered that news. Secretary Perdue Statement on Senate Passage of USMCA (USDA) — …
Phase One Trade Deal May Benefit Cotton the Most
By Clint Thompson Wednesday’s phase one trade agreement signed by the United States and China is a historical moment in the country’s history, according to Stephen Censky, U.S. Department of Agriculture Deputy Secretary. “It addresses a lot of the trade issues we have had with China about their structural impediments to our exports as well as make some substantial purchase …
Ag Groups Respond to Phase One Trade Deal Signing
Secretary Perdue: China Phase I Deal is a Bonanza for American Agriculture U.S. Secretary Perdue issued the following statement after President Donald J. Trump signed the historic Phase One Trade Agreement between the United States and China: “This agreement is proof President Trump’s negotiating strategy is working. While it took China a long time to realize President Trump was serious, …
Phase One Trade Deal Signing: ‘Momentous Day for U.S. Agriculture’
President Donald Trump and Chinese Vice Premier Liu He signed the phase one trade deal between the two countries in the East Room of the White House on Wednesday morning. The agreement comes after more than 18 months of imbittered trade relations between the United States and China, creating a significant strain on the agricultural industry. “This is a very …
McConnell: Senate to Process USMCA This Week
(NAFB) — Senate Majority Leader Mitch McConnell suggests the Senate will vote on the U.S.-Mexico-Canada Agreement (USMCA) this week. Bloomberg News expects a vote Thursday, as the Senate committees required to sign off on the implementing legislation are doing so quickly. However, a final vote has not been confirmed. The Senate Environment and Public Works Committee approved the agreement on …
Senator David Perdue on USMCA and Phase One China Trade Deal
By Clint Thompson Georgia Senator David Perdue is optimistic about Wednesday’s phase one trade deal that the United States will sign with China that includes the foreign country increasing its purchase of U.S. agricultural products by $32 billion over the next two years. “My suggestion all along was to go to an incremental phase approach with China. They wanted to …
Bad News for U.S. Beef/Chicken in Potential U.K. Trade Deal
(NAFB) — The U.S. beef and poultry industries got some bad news through a recent article on BBC Dot Com. Chlorine-washed chicken and hormone-treated beef will be kept out of the United Kingdom under any potential trade deal with the U.S. That comes straight from the UK environmental secretary. Theresa Villiers tells the BBC that the current European Union ban …