It’s been two months since the U.S. Department of Agriculture (USDA) announced it would be implementing some $16 billion in programs to assist farmers in response to trade damage from unjustified retaliation and trade disruption. According to Reece Langley, National Cotton Council (NCC) vice president of Washington operations, details on the Market Facilitation Program (MFP) are expected soon. Langley says …
U.S., Japan, Working Hard Towards Trade Deal
(NAFB) — Japan and the U.S. are “working hard” to reach a trade agreement, according to those close to the negotiations. A Japanese official told Reuters this week, “Our team is now working pretty hard, so we are looking forward to some news in the near future.” The U.S. and Japan are reportedly working on a small trade deal involving …
Trump: China Letting U.S. Down on Lack of Agricultural Purchases
(NAFB) — President Donald Trump says China “is letting us down” by not purchasing U.S. agricultural products. China is not buying U.S. ag products as Trump says its leaders promised as part of an effort to negotiate towards ending the trade war. Trump and Chinese President Xi Jinping at the G-20 Summit last month agreed to move forward with negotiations …
White House to Send USMCA to Congress this Fall
(NAFB) — The White House will send the U.S.-Mexico-Canada Agreement (USMCA) to Congress after September first, setting up a busy fall schedule for lawmakers. While the goal of the move is to set up a vote before the end of the year, lawmakers will also be working on spending bills and nearing election season. Further, House Democrats are still seeking …
Time Running Out on USMCA Summer Vote
(NAFB) — Supporters of the U.S.-Mexico-Canada Trade Agreement (USMCA) have been pushing for some time to see a summer vote on the deal. They’d like Congress to ratify the deal before they head off on their August recess. However, House Democrats say they’re not in a hurry to hold a vote. That pre-recess legislative window is getting closer to slamming …
Waiting on USDA Trade Aid
It’s been just over a month now since the U.S. Department of Agriculture (USDA) announced they will be taking several actions to assist farmers in response to trade damage from unjustified retaliation and trade disruption. While many in agriculture are waiting for more details, there have been various questions as to how the $16 billion in programs will be implemented. …
USMCA: Trudeau Heads to Washington
Canadian Prime Minister Justin Trudeau heads to Washington, D.C. this week, as part of an effort to ratify the U.S.-Mexico-Canada Agreement (USMCA). The trade deal has the least path of resistance in Mexico, where lawmakers are expected to ratify the agreement this month. The trade deal also faces a quick route to passage in Canada, leaving passage in the U.S. …
Mexico an Important Destination for U.S. Peanuts
There has been a lot in the news the past few days about President Trump’s plan to impose more tariffs on all Mexican imports as of June 10, and many in the ag industry are concerned if realized, it could mean retaliatory tariffs. As Tyron Spearman reports, Mexico is an important destination for U.S. peanuts. Sponsored ContentFlorida Cattle Enhancement Board …
Georgia Cotton Commission Concerned with China Trade Dispute
While it seems U.S. trade talks with China are a ways from wrapping up, Agriculture Secretary Sonny Perdue has been trying to assure producers that when an agreement is finally reached, it will be good for farmers’ pocketbooks. When finalized, Perdue said China will be purchasing even more farm goods than it had before the trade dispute began. But Georgia …
Canada Takes First Step in Ratifying USMCA
Last week, Canada took the first step in ratifying the U.S.-Mexico-Canada Agreement (USMCA) that replaces the North American Free Trade Agreement (NAFTA). Following the Trump administration’s decision to remove section 232 steel and aluminum tariffs on Canada and Mexico, Canada presented the trade agreement to lawmakers that must approve the deal. Canadian Foreign Minister Chrystia Freeland delivered the trade agreement …