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Shining Light on Farm & Food Policy for 20 Years.
Tuesday, April 16, 2024
The U.S. is escalating its dispute with Mexico over the country’s ban on genetically modified white corn and its intent to eventually bar all biotech corn from food and animal feed by calling for the establishment of a dispute panel under the U.S.-Mexico-Canada Agreement.
China had no right to hit U.S. exports – including farm commodities - with retaliatory tariffs five years ago in response to U.S. steel and aluminum tariffs, according to a ruling Wednesday by a World Trade Organization dispute panel.
India marked Prime Minister Narendra Modi’s visit to the White House and Capitol Hill by agreeing to cut tariffs that it imposed on some U.S. farm goods five years ago in retaliation for U.S. tariffs on Indian steel and aluminum imports, the Office of the U.S. Trade Representative said Thursday.
U.S. trade policy should not be focused on using American might for deals to increase exports, but rather trading access to U.S. markets in return for influence on foreign countries, according to U.S. Trade Representative Katherine Tai.
Farm and biotech groups cheered when U.S. Trade Representative Katherine Tai announced the Biden administration would take on Mexico in a dispute over Mexican biotech corn restrictions, but the process is likely to stretch on for months.
U.S. Trade Representative Katherine Tai announced Friday that she is calling for dispute consultations with Mexico over the country’s efforts to ban genetically modified corn and its recent history of rejecting biotech seed traits.
The Biden administration is moving quietly to sharpen its strategy and build up its arguments as it takes internal steps towards a potential trade dispute with Mexico over its ban on genetically modified white corn, according to sources with knowledge of the developments.
The Japanese tariff on U.S. beef has dropped gradually from 38.5% in 2019 to 23.3% this year as a result of the three-year-old U.S.-Japan Trade Agreement, a prime example of the kind of free trade agreement the U.S. ag sector and some lawmakers say they want to see replicated.
Lawmakers, farm groups and the ag industry are all eager for the Biden administration to move to a dispute process over Mexico’s restrictions on genetically modified white corn, but there’s no sign yet from the Office of the U.S. Trade Representative that it’s ready to do that.
The U.S. is going to be able to export a lot more ethanol to Japan if the country implements a new federal rule published by the country’s Ministry of Economy, Trade, and Industry, according to statements released Friday by the Office of the U.S. Trade Representative and U.S. lobbying groups.
