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.
The U.S. Dairy Export Council is investing big in Southeast Asia as demand for everything from whey to lactose is rising fast and providing new overseas profits for U.S. farmers who are increasingly dependent on exports.
Japan, Malaysia, the Philippines, South Korea, Vietnam, Canada, Mexico, China, Canada, Mexico, Guatemala, Honduras and El Salvador are just some of the destinations where USDA's Ted McKinney will likely be getting his passport stamped as he works to build new relationships and rekindle existing ones in order to boost U.S. exports.
It was difficult for much of the U.S. ag sector to watch as President Donald Trump pulled the U.S. out of the Trans-Pacific Partnership (TPP) about 10 months ago and now the pain is sharpening as the remaining 11 countries appear to be on the verge of ratifying the massive trade pact without one of the founding members.
The recent Borlaug Dialogue and World Food Prize given to Dr. Akin Adesina, President of the African Development Bank, focused on the importance of helping the continent become self-sufficient in food production.
Washington, Oct. 4, 2017 – The U.S. needs to improve trade relationships with Pacific Rim countries where competitors like Australia and the European Union have advantages over U.S. exporters, Agriculture Secretary Sonny Perdue said today. Japan is the first target for new bilateral talks, Perdue stressed.
WASHINGTON, May 24, 2017 – U.S. Trade Representative Robert Lighthizer is already meeting with his counterparts from Japan and other countries, letting them know that the U.S. is willing to talk about bilateral trade deals.