tariffs

Possible Retaliatory Tariffs Loom as Trade Policies Shift

Dan Agri-Business, Economy, Exports/Imports, Trade, U.S-Mexico-Canada Agreement (USMCA)

President-elect Donald Trump’s nominee for U.S. Trade Representative, Jamieson Greer, signals a renewed focus on trade disputes and tariffs. Greer, a seasoned trade expert and former chief of staff to Robert Lighthizer, helped shape Trump’s earlier policies, including tariffs on China and the replacement of North America Free Trade Agreement (NAFTA) with the U.S.-Mexico-Canada Agreement (USMCA). Trump emphasized Greer’s role …

tariffs

Trump Announces Tariffs on Mexico, Canada, and China

Dan Economy, Exports/Imports, Trade, U.S-Mexico-Canada Agreement (USMCA)

President-elect Donald Trump has unveiled plans to impose significant tariffs on imports from Mexico, Canada, and China. The proposed measures include a 25% tariff on all goods from Mexico and Canada and an additional 10% tariff on products from China. Trump announced these moves via his Truth Social platform, framing them as part of his broader strategy to address illegal …

trade

Mexico’s Leadership Change Could Bring Trade Changes

Dan Agri-Business, Exports/Imports, Trade, U.S-Mexico-Canada Agreement (USMCA)

Mexico’s election last week means a change in leadership for the nation and possible changes in trade with the United States. Claudia Sheinbaum won the election and will take over current President Andres Manuel Lopez Obrador later this year. Jacqui Fatka, the lead economist for farm supply and biofuels in CoBank’s Knowledge Exchange research division, says it could have an …

Mexico’s New President Vows Commitment to USMCA

Dan Agri-Business, This Land of Ours, Trade, U.S-Mexico-Canada Agreement (USMCA)

Mexico’s new president vows commitment to the USMCA. That’s coming up on This Land of Ours. Mexico has a new president, and that could have implications for U.S. farm trade with our number one foreign market. Claudia Sheinbaum became the first woman and first Jewish person elected president of predominantly Catholic and patriarchal Mexico. But American Farm Bureau senior director …

Leaders Say Battle Over Canadian Dairy Trade Policy Will Continue

Dan Agri-Business, Dairy, Marketing, Trade, U.S-Mexico-Canada Agreement (USMCA)

The U.S. lost its latest challenge against Canadian dairy trade practices, but there may be more of a fight ahead. U.S. dairy organizations along with elected officials and ag leaders are expressing disappointment over Friday’s decision by the USMCA dispute panel in the challenge against Canada’s dairy trade quotas. The U.S. charged that the quotas don’t line up with the …

USMCA Dispute Panel Limits Canadian Market Access

Dan Agri-Business, Dairy, Marketing, National Milk Producers Federation (NMPF), Trade, U.S-Mexico-Canada Agreement (USMCA), U.S. Meat Export Federation (USMEF)

Last Friday, a ruling was made by a U.S-Mexico-Canada Agreement (USMCA) dispute panel allowing Canada to restrict the dairy access that the U.S. negotiated for in the USMCA pact. And according to the National Milk Producers Federation (NMPF) and the U.S. Dairy Export Council (USDEC), the ruling weakens the agreement’s value to the US dairy industry. An earlier panel ruled in January 2022 that Canada had improperly restricted …