Agriculture Secretary Sonny Perdue says he favors removing the Section 232 tariffs on Canadian and Mexican steel and aluminum which has led those countries to impose tariffs on U.S. farm products. Perdue acknowledged that the tariffs have “a dampening effect” on the benefits of the new U.S.-Mexico-Canada Agreement, according to the Hagstrom Report. Perdue said: “I would be an advocate …
Ag Sec Perdue Talks US-Mexico Trade Deal
Agriculture Secretary Sonny Perdue talked one-on-one with AgNet Media about the new North American trade agreement called USMCA. Perdue said the agreement is beneficial for many producers. Ag Sec Perdue Talks US-Mexico Trade Deal Sponsored ContentFlorida Cattle Enhancement Board Offers Unique Opportunity For Applied ResearchOctober 24, 2025Florida Cattle Enhancement Board Plays Major Role in Applied Beef Cattle ResearchOctober 17, 2025FCEB …
Trade War Benefiting U.S. Food Banks
Food banks are benefiting from President Trump’s trade war with China. USA Today reports the tit-for-tat trade war offers more variety for U.S. food banks through the administration’s trade mitigation package for farmers. With the Department of Agriculture buying commodities to help ease the burden on farmers, those items will show up in U.S. food banks, including meat, dairy products, …
South Asia Presents New Markets for U.S. Corn Co-Products
Shifting trade patterns and growing feed markets are creating new export opportunities for U.S. corn co-products in the South Asian markets. Representatives from the U.S. Grains Council explored the markets of Bangladesh and Sri Lanka last month. Both countries are currently importing small quantities of U.S. dried distiller’s grains with solubles. A USGC representative said: “There is appetite in both …
Senator Corker Has Concerns Regarding New NAFTA
The top lawmaker on the Senate Foreign Relations Committee expressed concerns this week regarding the new trade agreement between the U.S., Mexico and Canada. Bob Corker of Tennessee told The Hill he is “concerned about the steel and aluminum tariffs” that the U.S. and Canada both say are not connected to the U.S.-Mexico-Canada Agreement that will replace the North American …
China Ambassador to U.S. Says China Wants to Engage in Talks
China wants to end the trade war with the U.S., according to its ambassador to the United States. In an exclusive interview with National Public Radio this week, the China ambassador to the United States says his country is “ready to make a deal” if they could find a trustworthy partner in Washington. The ambassador accused the United States of …
China Investment in U.S. Falling Sharply
Chinese investment in the United States has dropped 92 percent so far this year, amidst the tit-for-tat trade war launched by President Donald Trump. Analysts say the trade war may be hindering China’s economy. A Chinese investment analyst told the South China Morning Post that “China’s economy is slowing, its currency weakening, and the trade regime is faltering.” A market …
Pork Industry Leaders Look at Opportunities in Asian Market
Leaders from the U.S. pork industry have been looking at emerging opportunities in Asian Market. U.S. Meat Export Federation’s Joe Schuele has more details. Pork Industry Leaders Look at Opportunities iin Asian Market Sponsored ContentFlorida Cattle Enhancement Board Offers Unique Opportunity For Applied ResearchOctober 24, 2025Florida Cattle Enhancement Board Plays Major Role in Applied Beef Cattle ResearchOctober 17, 2025FCEB Recurring …
Congress Could Press for NAFTA Vote This Year
Republicans could push for a swift vote on the U.S.-Mexico-Canada Agreement if Congressional power swings to Democrats in the November elections. Some Republicans in the Senate are pushing to approve the new trade deal this year, if the party loses majority in the House. The USMCA will replace the North American Free Trade Agreement, and if one of the chambers …
USMCA Deters China’s Efforts of FTA’s With Mexico, Canada
A clause in the upgraded and renamed North American Free Trade Agreement (NAFTA) nearly forbids deals with “non-market” countries, such as China. The language deep in the new U.S.-Mexico-Canada Agreement (USMEC) marks another blow in the tit-for-tat trade war the U.S. is leveraging against China. Reuters points out that the clause, which has stirred controversy in Canada, fits in with …