A day after President Trump scoffed at wheat exports to Japan — “They don’t even want our wheat,” he said — U.S. wheat growers called out the president for maligning an important trade relationship. It was one of the first times farmers have talked back to Trump since they helped elect him to office.
China intends “to buy a lot of farm product,” said President Trump on Tuesday, describing “a very, very productive call” between U.S. and Chinese trade negotiators. At the same time, the White House announced it would delay 10 percent tariffs on electronics such as cell …
Japan's Ministry of Agriculture purchased $18 million worth of U.S. wheat last week, days after announcing it would not interrupt imports because of the discovery of GMO wheat in a fallow field in Washington State. The Japan Agricultural Times reported the ministry said on July 17 that it had adopted a new inspection method so there was no need to suspend purchases.
Nearly 1 of every 4 pounds of U.S. red meat and poultry exports goes to Mexico, the overall top customer of U.S. food and agriculture exports, says the USDA. Mexico was the destination for 24 percent of beef, pork, mutton, broilers and turkey exports in 2018, nearly double the 13 percent market …
Three groups that promote U.S. farm exports say the upcoming U.S.-Japan trade talks are a chance to gain ground against Australia, Canada, and the EU, which will benefit from free trade agreements with Japan.
The United States and Japan will open negotiations on a free trade agreement “that can produce early results” on manufactured goods, announced President Trump and Prime Minister Shinzo Abe on Wednesday. Japan, however, said that in the upcoming negotiations it would not lower tariffs on food, agriculture, and fishery imports.
Canadian regulators are puzzled by the discovery of seven genetically modified wheat stalks in southern Alberta that contain herbicide-tolerant genes, said the Manitoba Cooperator, but they say there's no sign of GMO wheat in the country's seed or wheat supplies. No country has approved GMO wheat for commercial use. Japan suspended purchases of Canadian wheat on Friday until it is certain there are no GMOs in the grain, reported Global News.
On the same day that President Trump said he expected increased agricultural exports to Japan, the chief U.S. agricultural negotiator told farmers in Iowa that more than 14 percent of U.S. farm exports have been or will be tagged with retaliatory tariffs in U.S. trade disputes with countries such as China and Mexico.
When Japan and the United States begin a new round of trade talks, Prime Minister Shinzo Abe said, they should be in the format of the Trans-Pacific Partnership, the free trade agreement that was the bête noire of President Trump’s campaign.