Monday afternoon the U.S. Trade Representative’s Office announced renegotiation objectives for the North American Free Trade Agreement, including those applying to ag and food trade. Rod Bain has more about what these objectives are for NAFTA. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Conaway Applauds Trump Administration’s NAFTA Plan
House Agriculture Committee Chairman K. Michael Conaway (TX-11) applauded U.S. Trade Representative (USTR) Robert Lighthizer’s newly-released NAFTA objectives detailing the administration’s plans to expand market opportunities and tighten enforcement of trade obligations to protect U.S. agriculture producers. Upon the release of the plan, Chairman Conaway made the following remarks: “As the administration looks to highlight American-made products this week, there …
USTR Releases NAFTA Negotiating Objectives
United States Trade Representative Robert Lighthizer today released a detailed and comprehensive summary of the negotiating objectives for the renegotiation of the North American Free Trade Agreement (NAFTA). Through the renegotiation of NAFTA, the Trump Administration will seek a much better agreement that reduces the U.S. trade deficit and is fair for all Americans by improving market access in Canada …
KORUS Review Could Follow NAFTA Renegotiations
The Donald Trump Administration appears to be planning to reexamine the United States-Korea Free Trade Agreement (KORUS) after the North American Free Trade Agreement renegotiations, if not sooner. Politico reports that U.S. Trade Representative Robert Lighthizer this week formally requested talks with South Korea to consider changes to the five-year-old deal, with a focus on reducing the $28 billion bilateral …
NAFTA Boosted Canada’s Corn Syrup Consumption
A new study claims the North American Free Trade Agreement (NAFTA) has drastically changed the Canadian diet by boosting consumption of high-fructose corn syrup. The peer-reviewed study, published in the Canadian Medical Association Journal, found that as tariffs on high-fructose corn syrup dropped over a four-year period, consumption grew from 21.2 calories of corn syrup per day in 1994 to …
NPPC Testimony Details Benefits of NAFTA
Last week, the National Pork Producers Council submitted to the House Ways and Means Committee testimony on the importance of trade to the U.S. pork industry. The organization focused on the benefits of the North American Free Trade Agreement (NAFTA), stressing the vital role the agreement has played in U.S. economic and agricultural expansion. According to the NPPC, in 2016 U.S. …
NAFTA Renegotiation Goals Expected Soon
The U.S. is scheduled to post its North American Free Trade Agreement (NAFTA) goals July 17th. U.S. Trade Representative Robert Lighthizer told the Senate Finance Committee recently that while the negotiations will begin August 16th, there is no deadline to complete the negotiation process. However, the administration does want the talks to move quickly. Lighthizer said he is prepared to …
Farm Groups Have Their Say at NAFTA Hearings
Farm groups and Ag organizations spoke their mind during hearings before the International Trade Commission on the upcoming North American Free Trade Agreement negotiations. While they all had different messages, Politico’s Morning Agriculture Report said the overriding theme was a simple one: don’t harm agricultural exports. Each speaker pushed for benefits favorable to their groups while trying to hold onto …
European Union Close to Trade Deal with Japan
The European Union and Japanese officials both say they’re close to signing what would be a major free trade deal, which could potentially jump-start other free trade deals. A European Union negotiator says a deal between the two would let the rest of the world know that two of the largest economies are resisting protectionism in favor of openness and …
Senators Want Ag Focus in NAFTA Talks
The Office of the U.S. Trade Representative wrapped up public comment hearings this week on the upcoming North American Free Trade Agreement negotiations. Ag groups representing American farmers and ranchers had a chance to weigh in on what they’d like to see in the talks. A group of Senators also weighed in on what they’d like to see emphasized in …