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 …
Pork Wants U.S. Bilateral Trade Deal with Japan
The European Union and Japan formally agreed to the outline of a free trade deal. America’s pork producers want to know why the U.S. isn’t moving on its own bilateral deal with Japan, the highest value market for U.S. pork exports. A Pork Network Dot Com article says now that the Trans-Pacific Partnership Agreement has gone away, the U.S. needs …
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 …
Sugar Deal Sparks Twitter Debate
One of the less incendiary tweets sent out last week by President Trump had to do with the American sugar industry, making corn and sugar lobbyists happy. Trump tweeted, “New sugar deal negotiated with Mexico is a good one for both Mexico and the U.S. Had no deal for many years, which hurt U.S. badly.” The deal announced last month …
Trump Talks Trade with South Korea
President Donald Trump met with the new President of South Korea on Friday and opened up the session with tough trade talk. An L.A. Times article says Trump announced he will be renegotiating a trade agreement with South Korea that’s already been in place for five years. The agreement is a co-legacy for both Presidents Bush and Obama and it …
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 …
Strong Demand for U.S. Pork in South Korea
One of this year’s top-performing international markets for U.S. pork is South Korea, where exports through April are up 28 percent year-over-year in volume, 37 percent in value. Joe Schuele has more. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
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 …
In China, Perdue Welcomes U.S. Beef back to Market
Slices Ceremonial Prime Rib, Meets with Chinese Officials in Beijing U.S. Secretary of Agriculture Sonny Perdue joined with U.S. Ambassador to China Terry Branstad to slice a Nebraska prime rib in a Beijing ceremony, formally marking the return of U.S. beef to the Chinese market after a 13-year hiatus. Perdue celebrated the reintroduction of American beef products to China after …