Business leaders from the U.S. and Korea are pressing South Korea and the United States to “eliminate the uncertainty” around the U.S.-Korea Free Trade Agreement, known as KORUS. The U.S.-Korea Business Council, along with the Korea-U.S. Business Council, issued a joint statement, calling KORUS “a platform to expand bilateral trade.” President Donald Trump has threatened to withdraw the U.S. from …
More Than Bluster to President Trump’s Threats to Pull Out of NAFTA
A former USDA trade chief argues there’s more than bluster to President Trump’s threats to pull out of the North American Free Trade Agreement (NAFTA). Paul Drazek was the trade adviser to USDA Secretary Dan Glickman in the Bill Clinton Administration. Drazek says he feels recent threats by President Trump to pull out of NAFTA, key for U.S. agriculture, are …
Ag, Business Groups Hit Capitol Hill
As the fourth round of NAFTA talks continues, numerous agriculture and business groups are increasingly concerned about the future of the 23-year old agreement. Politico’s Morning Ag Report says a large group of organizations, including the American Farm Bureau, National Pork Producers Council, the Coalition of Services Industries, and many others hit Capitol Hill on Wednesday. The goal was to …
Perdue Says NAFTA Benefits Canada More Than U.S.
Ag Secretary Sonny Perdue talked with Fox Business about some of America’s grievances with Canada being outlined in the North American Free Trade Agreement (NAFTA) negotiations. Perdue says past trade deals lacked enforcement, so the president is sending a message to Mexico and Canada. “He’s serious about trade deficits,” Perdue says. “He’s serious about keeping jobs in the U.S.,” Perdue …
U.S. Offers Proposal That Could Kill NAFTA in 5 years
U.S. negotiators officially offered the “sunset clause” proposal on Wednesday during the North American Free Trade Agreement (NAFTA) negotiations. The sunset clause would bring NAFTA to an end after five years unless the three countries involved agree to extend it. Two people familiar with the talks told Bloomberg that the proposal was made to a smaller group of negotiators. The …
Canada Expects NAFTA Completion on Time
While visiting Washington, D.C. this week, Canada Prime Minister Justin Trudeau says he believes the North American Free Trade Agreement (NAFTA) partners can reach an agreement, and on time. Trudeau visited with President Donald Trump in the White House, along with speaking with U.S. lawmakers on the House Ways and Means Committee. Even as Trump said while standing next to …
Britain Could Join NAFTA If Brexit Deal Fails
If the North American Free Trade Agreement (NAFTA) survives the renegotiation effort, The United Kingdom may be interested in joining the pact. Reuters-London reports Britain could join a formal trade alliance with the United States, Canada, and Mexico if the European Union refuses to finalize a post-Brexit trade deal by 2019. Reuters says that if Britain did join NAFTA, exporters …
EU Strikes Trade Deal With Japan
U.S. Must Do Likewise, Says NPPC Following the announcement by the European Union and Japan that they have reached agreement in principle on a trade pact, the National Pork Producers Council renewed its request that the Trump administration begin negotiations on a free trade agreement with Japan. “The United States must quickly finalize a trade deal with Japan if it …
Slow Trade
Everett Griner talks about the U.S.-Cuba trade deal moving slow in today’s Agri View. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
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