Providing aid to industries impacted by negative trade policy could cost the nation $39 billion, according to new data by the U.S. Chamber of Commerce. Farmers are expected to receive a $12 billion aid package to lessen the burden of trade disputes by the Trump administration. The U.S. Chamber of Commerce calls farmers and ranchers the “hardest hit” by Trump’s …
NAFTA Renegotiation Showing Signs of Progress
The U.S. and Mexico are nearing an agreement on the trade of automobiles as part of the North American Free Trade Agreement (NAFTA) renegotiation effort. Politico reports the U.S. and Mexico are in the “final stages” of reaching a deal on the automotive rules of origin section of NAFTA, key to completing the renegotiation. A team of negotiators is in …
Letter Urges Trump to Rejoin TPP
A letter from the Freedom Partners is urging the President to rejoin the Trans-Pacific Partnership, now known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Freedom Partners started in 2011 to promote the benefits of free markets and a free society. The group launched an advertising campaign this week against President Trump’s trade policy and ongoing trade war with …
In Argentina, Perdue Welcomes U.S. Pork Back to Market
Secretary Sonny Perdue celebrates the reintroduction of U.S. pork into the Argentine market, with U.S. Ambassador to Argentina Edward Prado. U.S. Secretary of Agriculture Sonny Perdue celebrated the reintroduction of American pork products to the Argentine market after more than 20 years by slicing a ten pound honey baked ham. “The U.S. is the world’s third largest pork producer and …
EU Insists Agriculture Not a Part of Trade Truce with Trump
The European Union (EU) says that the proposed trade talks with the United States wouldn’t include farming. The website Business Times Dot Com says this directly contradicts what President Donald Trump says. An EU Commission spokeswoman says they’ve been very clear on that fact. The spokeswoman adds that agriculture is not part of it, only the things that were specifically …
Bankers: Farmers Want Trade Not Handouts
Following the president’s announcement of a $12 billion trade assistance package to farmers, the nation’s bankers echoed farmer sentiments, saying producers want free trade and not handouts. A Farm Journal report quotes ag lender Alan Hoskins as saying it’s far too soon to know how beneficial the aid will be. Hoskins did say one thing is clear; it’s not what …
Lighthizer Testimony: NAFTA Deal Possible in August
During congressional testimony on Thursday, U.S. Trade Representative Robert Lighthizer told lawmakers that it’s entirely possible that the three North American Free Trade Agreement (NAFTA) members will reach a deal in August. Lighthizer says that would meet the Mexican objective of having current President Enrique Pena Nieto sign the deal before he leaves office in December. Bloomberg says U.S. trade …
Conaway on Trade Meeting with President Trump
Wednesday afternoon, House Agriculture Committee Chairman Michael Conaway attended a meeting at the White House with President Trump to discuss the most recent events with regard to trade. Here are comments made by the chairman following the meeting. Conaway on Trade Meeting Sponsored ContentWhat Sets Provysol® Fungicide ApartJuly 8, 2025CIR Agriculture Harvester ProductsJuly 1, 2025Nuseed Carinata Covers New GroundOctober 1, …
NAFTA Back in the Spotlight
The Mexican negotiating team is back in Washington to continue the North American Free Trade Agreement (NAFTA) renegotiation after talks among the U.S., Mexico, and Canada stalled two months ago. The Mexican Economy Minister will meet with U.S. Trade Representative Robert Lighthizer for the first time since the Mexican presidential election on July first to formally restart the talks. A …
European Union Agrees to Buy More U.S. Soybeans
President Donald Trump and European Union leaders announced they’ve agreed to work toward “zero tariffs” and “zero subsidies” on a wide range of non-automobile goods. The sides will also work to resolve U.S. tariffs on steel and aluminum which are hitting the European markets hard. In a news conference on Wednesday, the President said the EU has agreed to buy …