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.
The World Trade Organization today sided with the U.S. in its complaint that China has not lived up to pledges it made nearly twenty years ago to buy billions of dollars of wheat, rice and corn through tariff rate quotas.
U.S. Trade Representative Robert Lighthizer and Japanese Economy Minister Toshimitsu Motegi are scheduled to begin two days of talks on a free trade agreement in Washington Monday, U.S. government officials tell Agri-Pulse.
The renegotiated North American trade pact is popular in the U.S., Mexico and Canada, but the Trump administration and U.S. lawmakers are making ratification increasingly difficult with complications that threaten to derail the process.
President Donald Trump backed away from his threat to shut down the southern border with Mexico but then also pledged to hit the country with automobile tariffs, a move that breaks a promise not to do so under the renegotiated North American trade pact.
If American almond, citrus, pork, apple and dairy farmers want any chance of regaining their markets in China, Mexico and Canada, U.S. steel and aluminum tariffs will likely have to be lifted. The problem, however, is the threat of cheap foreign metal flooding the U.S. market is now as high as ever.
Mexico is irreplaceable as a foreign market that buys billions of dollars of milk, ham, rice, potatoes and corn, so farm groups are alarmed by President Donald Trump’s renewed threats to shut down the southern border.
Agri-Pulse recently observed airport inspections and spoke with other government officials to gain an inside look at the efforts to prevent and detect African Swine Fever, a fatal disease ripping through European and Asian pork production.