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Balanced Reporting. Trusted Insights.
Thursday, January 21, 2021
The U.S. is ratcheting up its punishment on the European Union with new tariffs on French and German wine and other alcoholic beverages as both sides remain entrenched over aircraft subsidies.
All of the European Union nations have signaled their approval of the trade agreement with the United Kingdom, allowing the pact to take effect on Friday and prevent the economic turmoil many feared when Britain exits the EU.
Earlier this year, Germany faced a $1 billion loss in access to pork export markets after a single case of African Swine Fever (ASF) was detected in a wild boar. The population of feral swine in the United States, estimated between 4-9 million, also poses a threat to export security.
The new Food and Agriculture Climate Alliance is out with its proposals for rewarding farmers for dealing with climate change. Now, the question is how much of the plan gets picked up.
The U.S. and the U.K. still have a lot of negotiating ahead of them, but the British will likely agree to a free trade agreement that allows for increased trade in beef, pork and poultry, says Gregg Doud, the U.S. Trade Representative’s top agriculture negotiator.
China will fully comply with its promises to buy U.S. ag commodities and the U.K. will be held to demands that it lift barriers on American farm products, U.S. Trade Representative Robert Lighthizer told lawmakers Wednesday.
The European Union's plan to buy up skim milk powder and butter from European producers is spurring U.S. producers to join in protest with farmers from Argentina, Brazil, Chile, Costa Rica, Ecuador, Guatemala, Mexico, Paraguay and Uruguay.
The Office of the U.S. Trade Representative is taking fresh aim at knocking down the European Union’s efforts to protect food names like black forest ham, feta, gorgonzola, fontina, roquefort and asiago cheese.
The European Union and Mexico concluded the last outstanding element of their negotiations of a new trade agreement on Tuesday and plan to advance to the signature and ratification phases.
The United Kingdom, now free from the European Union, published negotiating objectives Monday for a free trade agreement with the U.S., and improving agriculture imports and exports will be key during talks that are expected to begin in the next several weeks, British government officials said.