Articles Tagged with ''USMCA''

The Agriculture Department is rushing to finish a new trade assistance package for farmers hurt by the ongoing trade war with China, while congressional negotiators this week look to pass a long-stalled disaster aid package before the week-long recess for Memorial Day.

The U.S. has agreed to lift its steel and aluminum tariffs on Canada and Mexico, removing major obstacles for ratification of the renegotiated North American free trade pact by all three countries.

The U.S., Canada and Mexico are getting close to a deal to lift U.S. steel and aluminum tariffs on its North American allies, clearing the way for ratification of a new trade pact for the three countries, says U.S. Treasury Secretary Steven Mnuchin.

Mexico is the largest foreign market for U.S. corn and distiller’s grains and the U.S. Grains Council has chosen its top representative there, Ryan LeGrand, to take over as president and CEO next month.

The Trump administration resumes negotiations with China this week in pursuit of an elusive trade deal, while Congress returns from its two-week Easter recess with a long to-do list that includes a disaster aid bill that is stalled in the Senate.

The U.S. International Trade Commission (ITC) released their much-anticipated analysis of U.S.-Mexico-Canada Agreement (USMCA) yesterday, and the upshot for U.S. food and agriculture was a clear win.

The U.S.-Mexico-Canada Agreement would be an overall win for the U.S. farm sector, reforming biotechnology and phytosanitary standards, but it would also allow for only “slight increases” in exports of some U.S. agricultural commodities, according to a 379-page analysis released today by the U.S. International Trade Commission.