Trucks carry more freight between the U.S., Mexico, and Canada under the North American Free Trade Agreement than railcars. The Department of Transportation’s Bureau of Transportation Statistics last week reported that trucks carried 63.4 percent of NAFTA freight between May 2016 and May 2017. U.S.-NAFTA freight totaled $98.2 billion during that time, with trucks accounting for $32.2 billion of the …
Japan Beef Tariff Increase Highlights Need for Trade Agreement
The National Cattlemen’s Beef Association says the increased tariff on beef imports to Japan underscores the “urgent need” for a bilateral trade agreement between Japan and the United States. Japan announced it would increase the tariff on frozen beef imports from 38.5 percent to 50 percent until April 2018. NCBA President Craig Uden says the tariffs “unfairly distort the market …
Ag Industry Provides Testimony on NAFTA
Dairy, poultry, grains, oilseeds and produce industry leaders told House Ag lawmakers this week that NAFTA modernization talks with Canada and Mexico should “do no harm” to their sectors, but only improve trade opportunities. ‘Preserve what’s working…strengthen what can be better…and fix what’s broken’ was the message from former USDA Secretary Tom Vilsack, now president and CEO of the US …
NCBA CEO Testifies on Capitol Hill: “Please Do No Harm!”
National Cattlemen’s Beef Association (NCBA) CEO Kendal Frazier testified on Capitol Hill in support of the North American Free Trade Agreement (NAFTA) and warned Congress against using the treaty’s renegotiation to resurrect failed policies like mandatory Country-of-Origin Labeling (COOL). “Quite frankly, it is difficult to improve upon duty-free, unlimited access to Canada and Mexico, and we are pleased to see …
NCBA CEO Testifies on NAFTA
National Cattlemen’s Beef Association (NCBA) CEO Kendal Frazier testified this week before the U.S. House Agriculture Committee on Capitol Hill in support of the North American Free Trade Agreement (NAFTA). He discusses his testimony which supported keeping foreign markets open to American beef producers. Sponsored ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners …
U.K. and U.S. Taking First Steps to Trade Deal
British International Trade Secretary Liam Fox and U.S. Trade Representative Robert Lighthizer have taken the first steps towards a U.S.-U.K. free trade agreement. The duo recently met to create a working group that will “lay the groundwork” for a bilateral trade deal, according to Politico. However, official negotiations cannot begin until the United Kingdom formally leaves the European Union around …
Multiple Rounds of NAFTA Negotiations Expected
A top official from Mexico expects between six to nine rounds of negotiations between the United States, Mexico and Canada on the North America Free Trade Agreement. Mexico’s Economy Minister said last week the NAFTA members were looking at avoiding gaps of more than three weeks between negotiating rounds with a view to making quick progress, according to Reuters. The …
Canada Wants Dispute Mechanism in NAFTA Redo
Canada says it is critical that the North American Free Trade Agreement includes a dispute resolution mechanism, setting up a potential clash with the United States once renegotiations begin next month. The United States goals for the NAFTA renegotiation released last week include a desire to ditch the Chapter 19 dispute settlement mechanism. That mechanism has hindered the U.S. from …
First Round of NAFTA Talks Scheduled
As expected, U.S. trade officials confirmed this week that North American Free Trade Agreement renegotiations would begin August 16th, the first day allowed by U.S. law. The office of U.S. Trade Representative Robert Lighthizer announced this week that the talks would kick off in Washington, D.C. on August 16th, and the initial rounds of negotiations are scheduled to wrap up …
NAFTA Renegotiation Objectives and US Agriculture
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 ContentNuseed Carinata Covers New GroundJuly 31, 2024CIR Agriculture Harvester ProductsJuly 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024