A trade deal has been reached between the United States, Canada and Mexico. The new pact is being called the U.S.-Mexico-Canada Agreement, basically replacing the North American Free Trade Agreement. Last week, another trade deal made the news, as the United States signed a new deal with South Korea. Kent Bacus, National Cattlemen’s Beef Association (NCBA) director of international trade, says …
Trade Deal Reached Between United States, Canada and Mexico
Canada has agreed to join the trade accord between the United States and Mexico, effectively replacing the North American Free Trade Agreement (NAFTA). The announcement comes after Mexico and the United States reached a deal in late August. The new United States-Mexico-Canada Agreement (USMCA) will allow better access to Canada for American dairy products and also provides for more imports of …
U.S. Will Publish NAFTA Text Friday
Bloomberg says the Trump Administration will release the text of a bilateral trade agreement with Mexico on Friday. While the text will likely exclude Canada, it will leave open the possibility of Canada joining the agreement later. U.S. trade law says the text of the deal has to be published 60 days before it can be signed. U.S. Trade Representative …
Legislators Call for NAFTA Negotiation Slowdown
Three state representatives are asking U.S. Trade Representative Robert Lighthizer to slow down the pace of the North American Free Trade Agreement (NAFTA) negotiations. They feel that gives the U.S. the best opportunity to come to a fair agreement on dairy exports. Representatives from Wisconsin, Washington, and New York all represent states that need open-market access to Canada in order …
Deadline Weekend Likely to Pass with Little Farm Bill, NAFTA Progress
The farm bill and the North American Free Trade Agreement (NAFTA) seem certain not to meet the weekend deadline, leaving more uncertain times for agriculture. Negotiators were trying to reach an agreement on the farm bill this week, but the clock is all but out of time as the current bill expires Sunday. Monday means critical trade programs will not …
U.S. Says Canada Not Making Needed NAFTA Concessions
U.S. Trade Representative Robert Lighthizer charges Canada is not making needed concessions to strike a deal on the North American Free Trade Agreement (NAFTA). As the U.S. ideal deadline will pass this weekend, the U.S. is gearing up to move forward with a Mexico-only agreement. Lighthizer said there was “some distance” between the two sides on issues such as access …
Agri View: Importance of International Trade
Everett Griner talks about the different trade programs and their importance to agriculture in today’s Agri View. Importance of International Trade International trade. It’s a term that has more than one interpretation. International means Latin America, Europe, Asia, and every other country. Now, the United States is one of the leading countries involved in this trade element. Every country is …
U.S., Canada Talks on NAFTA Offer Little Progress
Stalled talks between the U.S. and Canada regarding the North American Free Trade Agreement (NAFTA) are expected to continue this week, as the U.S. desires to reach a deal by September 30th. Informal talks are likely over the next few days, according to Reuters, as global attention turns towards a U.N. meeting this week. Canadian Prime Minister Justin Trudeau says …
Canada Farmers Say Dairy Not a Bargaining Chip in Negotiations
Talks between Canada and the U.S. regarding the North American Free Trade Agreement are intensifying in Washington, D.C. Bloomberg says Canadian dairy farmers recently told Prime Minister Justin Trudeau not to use access to the protected Canadian dairy market as a bargaining chip. The Dairy Farmers of Canada says it’s already lost $193 million because of past trade agreements and …
Is Canada Purposefully Dragging Out NAFTA Negotiations?
As Canadian Foreign Affairs Minister Chrystia Freeland returned to Washington, D.C. for continued NAFTA negotiations, a prominent Congressional member says time is running out. House Majority Whip Steve Scalise says sentiment is building among members of Congress that Canada is purposefully dragging out the negotiations for political purposes. “Members of Congress are concerned that Canada doesn’t seem to be ready …