Cattle producers from across the country are in Denver, Colorado for the 2018 Cattle Industry Summer Business Meeting. A lot of business is taking place and various issues are being discussed, including trade. National Cattlemen’s Beef Association (NCBA) Senior Vice President of Government Affairs, Colin Woodall, says we need to preserve what we have with NAFTA. Trade a Top Issue …
U.S., China Reportedly Trying to Re-engage in Trade Talks
The U.S. and China are trying to restart trade talks as the two nations square off in a trade war. The attempt comes as the Trump administration readies a new round of tariffs against China. Bloomberg reports representatives of U.S. Treasury Secretary Steven Mnuchin and China’s Vice Premier are having private conversations as they look for ways to re-engage in …
U.S., Mexico, Leaving Canada behind in NAFTA Talks
The United States and Mexico are progressing on the North American Free Trade Agreement re-negotiations, leaving Canada behind, for now. Top trade officials from Mexico are in the U.S. this week after optimism showed through last week with a potential agreement on automotive rules as part of NAFTA, according to Politico, which notes progress on the contentious issue bodes well …
NFU Urges Long-Term Trade Solutions in Farm Bill
In a letter to lawmakers, National Farmers Union (NFU) President Roger Johnson emphasized the need to address agricultural economic hardships in the 2018 farm bill. The NFU Board of Directors unanimously approved the motion to send the letter during a meeting held Monday afternoon. With an already grim farm economy, an escalating global trade war, and uncertainty in export markets, …
Trade Aid for Farmers Could Start in Late September
The aid package announced to offset harm by the Trump administration’s trade policy for agriculture could be ready to go by October, according to Agriculture Secretary Sonny Perdue. While in Argentina as part of the G20 meeting of agriculture ministers, Perdue told Reuters the aid package could have payments reaching farmers by late September. The plan would include between $7 …
U.S. Chamber: Trade Aid for All Could Cost $39 Billion
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 …