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.
Kamala Harris, Joe Biden’s pick as his Democratic running mate, has gone on record opposing new trade agreements, including the U.S.-Mexico-Canada Agreement, and has taken up the interest of farmworkers during her short tenure in the U.S. Senate.
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 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.
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 U.S. and Japan have agreed to enter into talks for a free trade agreement, a development the American agriculture sector has been hoping for ever since President Donald Trump pulled the U.S. out of the Trans-Pacific Partnership.