U.S. Secretary of Agriculture Sonny Perdue issued the following statement regarding the announcement of a United States-Mexico-Canada Agreement (USMCA): “The great news of a new USMCA deal is important for our economy as a whole, including the agricultural sector, which counts Canada and Mexico in our top three trading partners. I have long said that I believe our country is …
EU Ready for Talks over U.S. Beef
The European Union (EU) is readying to negotiate with the United States to allow the U.S. to increase beef exports to EU countries. The European Commission sought approval from its 28-member states last month to open negotiations with Washington. The approval process is expected to be completed next week to allow negotiations to begin. Beef is separate from an arrangement …
U.S., Canada Trade Officials Discussing Next Steps
The U.S. and Canada are discussing the next steps for approving the U.S.-Mexico-Canada Agreement that will replace the North American Free Trade Agreement. U.S. Trade Representative Robert Lighthizer visited Canada this week meeting with his Canadian counterpart, Chrystia Freeland. A spokesperson for Freeland told Bloomberg News the meeting was an “opportunity to take stock of the next steps on USMCA.” …
August Beef Exports Soar to New Heights, Pork Export Value Still under Pressure
U.S. beef exports set new records in August with export value topping $750 million for the first time. The U.S. Meat Export Federation says August pork exports were fairly steady with last year’s volume, but retaliatory duties in key markets continued to pressure pork export value. August beef exports totaled 119,800 metric tons, up seven percent from a year ago, …
CoBank: USMCA Provides Certainty, But More is Needed
The overhauled North American Free Trade Agreement, now named the United States-Mexico-Canada Agreement, or USMCA, will accomplish important objectives for U.S. agriculture, according to CoBank. However, a report by CoBank says what was not accomplished in the agreement is just as important. The report says that while having an agreement improves certainty, brings more market access and allows the White …
China Language in USMCA Not Surprising
Language against trade talks with China in the U.S.-Mexico-Canada Agreement is not surprising, according to a Chinese editorial. The South China Morning Post, an English language newspaper based in China, says the policy is perhaps the worst feature of the USMCA for Beijing, as it may become a template for future trade talks Trump holds with allies such as Japan, …
Perdue: USMCA Could Be Trade Template
Agriculture Secretary Sonny Perdue said trade talks and agreements are picking up. The new United States-Mexico-Canada Agreement (USMCA) could serve as a template moving forward with talks involving other countries. Perdue 1 on 1: USMCA Could be Trade Template Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Perdue Favors Removal of Section 232 Tariffs on Canada, Mexico
Agriculture Secretary Sonny Perdue says he favors removing the Section 232 tariffs on Canadian and Mexican steel and aluminum which has led those countries to impose tariffs on U.S. farm products. Perdue acknowledged that the tariffs have “a dampening effect” on the benefits of the new U.S.-Mexico-Canada Agreement, according to the Hagstrom Report. Perdue said: “I would be an advocate …
Ag Sec Perdue Talks US-Mexico Trade Deal
Agriculture Secretary Sonny Perdue talked one-on-one with AgNet Media about the new North American trade agreement called USMCA. Perdue said the agreement is beneficial for many producers. Ag Sec Perdue Talks US-Mexico Trade Deal Sponsored ContentNuseed Carinata Covers New GroundJuly 15, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Trade War Benefiting U.S. Food Banks
Food banks are benefiting from President Trump’s trade war with China. USA Today reports the tit-for-tat trade war offers more variety for U.S. food banks through the administration’s trade mitigation package for farmers. With the Department of Agriculture buying commodities to help ease the burden on farmers, those items will show up in U.S. food banks, including meat, dairy products, …