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Shining Light on Farm & Food Policy for 20 Years.
Thursday, April 25, 2024
The Biden administration is seeking to avoid the practice of creating winners and losers as it tries to expand international trade, Katherine Tai, the nominee to be the next U.S. Trade Representative, told senators Thursday.
U.S. beef exports to Japan have been very good in recent months — maybe too good. The Japanese have imported so much U.S. beef, it’s looking like they will hit a “safeguard trigger” designed to protect domestic producers with a tariff.
It’s official. Georgia Democrat David Scott will chair the House Agriculture Committee next year. The full House conference voted to approve Scott as recommended by the House Democratic steering committee.
China is celebrating the signing of what will be the world’s largest trade pact, which includes 15 countries representing 30% of global GDP, pushing international trade to the forefront as President-elect Joe Biden prepares to take office in January.
It’s been less than a month since the U.S.-Japan Trade Agreement kicked off on Jan. 1 and the outlook for U.S. beef and pork exports is already rosier.
Japan and the U.S. appear to be moving quickly on a free-trade agreement, but U.S. ag groups from across the country are pouring on the pressure for negotiators to move in a hurry.
Next week is going to start off with a thud and not an April Fools' Day joke when Japan further lowers tariffs on wheat and barley from Australia, Canada and European Union countries.
Japan, a nation dependent on imports to feed its people, is cutting tariffs and forging stronger ties around the globe to further open up its markets, but not yet with the U.S., leaving American dairy farmers concerned.
Unless the U.S. and Japan move quickly in promised trade talks, American wheat farmers stand to take significant hits in exports thanks to the swiftly approaching start of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
