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 Philippines, a country the Trump administration is considering for an eventual free trade accord, has reached new agreements with the U.S. to work on improving agricultural trade, according to an announcement today from the office of the U.S. Trade Representative.
Now that the Trump administration has officially informed Congress that it intends to begin negotiations with Japan on a free trade agreement, anticipation is growing for a new deal that’s expected to significantly boost U.S. exports of beef, dairy, pork, rice and other commodities.
The Trump administration today announced it is levying new tariffs on $200 billion worth of Chinese goods, escalating a trade war between the two countries that has hit the U.S. agriculture sector especially hard thanks to Chinese retaliation.
NAFTA talks between the U.S. and Canada broke off Friday afternoon with no agreement on how the 24-year-old trade pact will be structured in the future, and whether a revised agreement will include Canada at all, or just be a bilateral pact with Mexico. The U.S. said the talks will continue Wednesday.
The U.S.-China trade war could drag on for years, but a U.S. agreement with Mexico on rewriting the North American Free Trade Agreement could happen as soon as August, U.S. Trade Representative Robert Lighthizer said today in a Senate hearing.
President Donald Trump is following through with promises to hit China with new tariffs on $200 billion worth of imports, U.S. Trade Representative Robert Lighthizer announced today, escalating a trade war that is already hurting the U.S. agriculture sector.
Prospects for U.S. farm exports can change suddenly and dramatically. Breaking into foreign markets takes decades of persistent hard work and hefty investments in building infrastructure, relationships and, ultimately, sales.