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Shining Light on Farm & Food Policy for 20 Years.
Saturday, May 11, 2024
The U.S. and the EU both want a new trade pact to bring together two of the largest economic forces in the world, but agriculture is standing firmly in the way.
The European Union is eager to work with the Trump administration to begin talks for a new U.S. trade pact, but agriculture issues will not be on the table for discussion, EU Trade Commissioner Cecilia Malmström insisted to reporters today.
With a new farm bill enacted and trade wars ongoing, the eyes of U.S. agriculture will shift to the Senate Finance Committee, where farm groups will have a critical ally at the top in new Chairman Chuck Grassley and several more in the panel’s membership.
British Prime Minister Theresa May today called off a Tuesday vote by the U.K. Parliament on her negotiated plan to withdraw from the European Union. Without giving a specific timeline, May said the vote was delayed because she believed her Brexit plan "would be rejected by a significant margin.”
The deal unveiled this week for Britain to exit the European Union would block U.S. plans to negotiate a free trade agreement with the U.K., preventing a new opening for American agricultural trade with the country, several British officials tell Agri-Pulse.
After more than 20 years of consternation, negotiation, conciliation and disappointment, the U.S. and European Union are now set to begin another round of talks on allowing the EU’s 28 nations to buy more U.S. beef.
The Trump administration has formally announced to Congress that it intends to begin negotiating free trade agreements with Japan, the European Union and the UK.
In the eyes of the Trump administration, the new trade deal binding the U.S., Mexico and Canada is a model for future agreements, and nowhere is that more evident than in the pact's Agricultural Biotechnology section.
