Cargill remains concerned that the U.S. and China trade discussions will escalate into a trade war. In Comments sent to U.S. Trade Representative Robert Lighthizer, Cargill officials say the tariffs proposal by the U.S. targeting China will “not effectively advance the goal of addressing distortive trade practices,” according to Reuters. Cargill sent a five-page letter to Lighthizer as the USTR …
Equipment Groups Release Policy Survey Results
In April, the Equipment Dealers Association and the Association of Equipment Manufacturers surveyed their members about the impact of the Tax Cuts and Jobs Act and steel and aluminum tariffs on their businesses. Dealers and manufacturers were in consensus that the two most beneficial provisions of the tax legislation were the lower corporate tax rate and the favorable expensing provisions …
Agri View: Farmers Concerns and TPP Losses
Everett Griner talks about how U.S. loses will play out without TPP in today’s Agri View. Everett tells us about some of the concerns farmers in the United States are having. Farmers Concerns and TPP Losses Most consumers in this country have little knowledge of TPP, and, what dropping the United States out of that trade group will do to …
Agriculture Secretary Perdue on NAFTA
We told you earlier this week that the Trump Administration is working against the clock to get the North American Free Trade Agreement (NAFTA) negotiations done in time for a vote during this year’s December session of Congress. If the Administration wants a vote this year, the deadline is this Thursday, May 17. Southeast AgNet recently asked Secretary of Agriculture …
Proposed Tariff Hearings Underway in Washington
Hearings are underway in Washington, D.C. on a proposed list of Chinese products the U.S. has targeted with 25 percent tariff. The three-day event features testimony from more than 100 witnesses. One of those testifying is farmer Michelle Erickson-Jones, a member of Farmers for Free Trade, who says the U.S. farm community is already feeling the effects of the threatened …
Canada, China, Talking Trade
Canada and China are seeking a stronger trade relationship. The two countries have agreed to increase collaboration on agriculture, including expanding market access. The move is key to a trade target by Canada to grow global agriculture and food exports to $75 billion by 2025, according to Canadian Minister of Agriculture Lawrence MacAulay. Officials from Canada, including MacAulay, are in …
NAFTA Clock Is Ticking
The Trump Administration is working against the clock to get the North American Free Trade Agreement (NAFTA) negotiations done in time for a vote during this year’s December session of Congress. If the Administration wants a vote this year, the deadline is this Thursday, May 17. Politico says Speaker of the House Paul Ryan’s deadline makes it uncertain whether or …
Agriculture Prominent in U.S. and China Discussions
U.S. Commerce Secretary Wilbur Ross gave testimony to a Senate Appropriations Subcommittee on Thursday, during which trade with China was a key topic. Channel News Asia Dot Com says Ross hopes to reduce the differences between the two countries, in which hundreds of billions of dollars in commerce are at stake in a trade war. Ross led a delegation to …
Agri View: Who Loses in a Trade War?
Everett Griner talks about what the threat of a trade war has done to farmers in today’s Agri View. Everett looks at how the talk about a trade war has affected producers and who loses if one happens. Who Loses in a Trade War? Trade war, or no trade war. Look what the thereat has already done to farmers. Using …
Conaway Comments on Trump Challenging India Market Practices
House Agriculture Chairman Mike Conaway says the Trump administration is holding India accountable in it’s latest trade move. The administration announced earlier a Word Trade Organization counter notification on India’s market price support for wheat and rice. In applauding the effort, Conaway says India has been “funneling illegal farm subsidies into its agriculture industry for too long.” Conaway, along with …