Items Tagged with 'USMCA'

President Donald Trump on Wednesday expressed doubts about renewing the U.S.-Mexico-Canada agreement, which is up for reconsideration this year.

It’s another big week as Agriculture Secretary Brooke Rollins grapples with a threat to livestock, senators work on a farm bill, and President Donald Trump says he’s focused on ending war with Iran and lowering costs for ag producers and other Americans. A federal judge has issued a temporary injunction barring the Agriculture Department from withholding funding from a group of states through a terms and conditions framework that seeks to comply with Trump administration policies on gender, immigration and diversity.

A flurry of high-profile events are on tap this week as Agriculture Secretary Brooke Rollins speaks on Capitol Hill, U.S. officials talk trade in India and Senate work on a new farm bill kicks into high gear. 

Companies and trade groups are debating whether imported feedstocks should count toward the 45Z Clean Fuel Production Credit as a three‑day IRS hearing on the proposed rule continues today. Tom Sell, co-founder and manager of ag lobbying firm Combest, Sell & Associates, defeated Abraham Enriquez to secure the Republican nomination in Texas’ 19th congressional district.

Twenty House Republicans are calling upon the Trump administration to take a hard line with Mexico ahead of a July review of the North American trade pact, known as the U.S.-Mexico-Canada Agreement.

House Ways and Means Committee Democrats are urging the administration to tone down the rhetoric heading into discussions with Canada and Mexico on the future of a North American trade deal. 

President Donald Trump is extending a ceasefire with Iran that was set to end today. In a social media post Tuesday, he said Pakistan, which is supporting negotiations, asked the U.S. to hold off attacks and that the ceasefire will last indefinitely until Iranian officials submit a new proposal. The blockade on ships heading to Iranian ports will continue, however, he said.

If negotiators can’t find a path forward to extend the U.S.-Mexico-Canada Agreement this year, there will be other opportunities to reach a deal. But U.S. agriculture sees dangers in drawn-out negotiations, with some arguing a swift extension is necessary to keep the pact at full strength.

U.S. Trade Representative Jamieson Greer argued Tuesday that a North American free trade agreement can be reworked to serve as a trilateral dialogue, but also a platform for addressing bilateral issues between participants.

Agriculture Secretary Brooke Rollins says she is working directly with ag input companies to address rising prices amid mounting warnings over fertilizer supply and ongoing disruptions.