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.
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.
President Donald Trump rolled out the administration’s plans to allow summer E15 sales on Tuesday. But now, the Environmental Protection Agency has to actually implement the regulation to make that happen, which could prove to be a vexing legal dilemma.
The successful renegotiation of the North American Free Trade Agreement could turn out to be a hollow victory for some of the largest U.S. cheese companies if the Trump administration doesn’t pull back its steel and aluminum tariffs on Mexico.
The president revealed this week he has no intention of backing off the use of tariffs – not even with allies Mexico and Canada, who are retaliating with tariffs of their own on billions of dollars of U.S. agricultural goods.
U.S. and Canadian negotiators have reached an eleventh-hour agreement assuring Canada will be part of the renegotiated North American trade pact that is to be renamed the United States, Mexico, Canada Agreement. As part of the deal, Canada agreed to eliminate its controversial Class 7 dairy pricing program.
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.
Rural areas struggling with low commodity prices and a stalled farm bill are getting over $4 billion in new USDA grants and low-interest loans for new or upgraded water and sewer systems, electric power lines, and other essential infrastructure.
President Donald Trump and South Korea President Moon Jae-in today signed off on the renegotiated United States–Korea Free Trade Agreement (KORUS), putting an end to concerns from the U.S. farm sector about possibly losing the six-year old pact that has spurred American agricultural exports.