tariffs
Senators say EU must remove ag barriers, approve GMOs
In a letter to U.S. Trade Representative Michael Froman, farm-state senators say Europe must take large steps toward opening its market to U.S. farm exports or prospects for approval of a U.S.-EU free-trade agreement will fade.
Canada ‘just waiting for the number’ against U.S. meat labels
Trade minister Chrystia Freeland says Canada is "just waiting for the number" from WTO for retaliatory tariffs it can impose against U.S. manufactured and agricultural exports in its seven-year dispute over meat-labeling rules.
South Africa threatened with loss of ag-trade benefits
If South Africa fails to make a concerted effort to eliminate barriers to poultry, pork and beef imports, it could lose agricultural trade benefits with the United States, reports The Hill newspaper.
As TPP endgame nears, major differences persist for U.S. and Canada
Only days away from a meeting of trade ministers to try to wrap up the 12-nation Trans-Pacific Partnership pact, Canada and the United States are at odds over access to Canada's dairy and poultry market.
Japan offers less access to rice market than U.S. wants
Japanese media say Tokyo "is prepared to increase its import quota for U.S. rice by 50,000 tonnes a year, about a quarter of the U.S. goal, Reuters said at the end of bilateral talks between trade negotiators.
Canada accuses U.S. of dodging COOL
The United States is trying futilely to avoid retaliatory tariffs because of its trade-distorting country-of-origin labels (COOL), Canada said, renewing its demand for an end to COOL. "The only way for the United States to avoid billions in retaliation by late summer is to ensure legislation repealing COOL passes the Senate and is signed by the president," said Canada's agriculture and trade ministers, following a WTO meeting to discuss penalties against the trade-distorting rules.
U.S.-Canada tensions rise over agricultural trade
The United States is frustrated with Canada "because it believes Ottawa promised greater foreign access to its dairy and poultry markets as a condition of joining" the Trans-Pacific Partnership trade talks, "and yet has offered nothing," reports the Toronto Globe and Mail.
Canada, Mexico ask $3.7 billion in retaliation for U.S. label law
Canada and Mexico said they will ask the WTO approval for $3.7 billion in retaliatory tariffs on U.S. agricultural and manufactured goods in their latest response to a U.S. meat-labeling law. "The only way for the United States to avoid billions in immediate retaliation is to repeal COOL," said Agriculture Minister Gerry Ritz of Canada, referring to the country-of-origin labeling law. The U.S. House could vote as early as next week on a bill to repeal COOL for beef, pork and chicken, the three most widely consumed meats.
Key senator proposes voluntary origin labels for beef and pork
The United States can avoid billions of dollars in retaliatory tariffs by switching to voluntary country-of-origin labels (COOL) for beef and pork, said the top-ranking Democrat on the Senate Agriculture Committee.
US lawmakers say South Africa unfair on poultry exports
Senators from two of the leading U.S. poultry-producing states are seeking leverage to force South Africa to drop its tariffs on imports of U.S. poultry meat, says the New York Times.
Japan is willing to reduce beef and pork tariffs, reports say
Japanese news media reported that the government would reduce its high import tariffs on beef and pork and relax slightly its restrictions on U.S. rice imports as part of the proposed 12-nation Trans Pacific Partnership trade pact, said Reuters.
U.S. and Japan meet again on farm and automobile trade
Trade officials from Japan and the United States opened a new round of talks in Tokyo on two sticking points, agriculture and autombiles, in negotiations for the 12-nation Trans-Pacific Partnership, said the Kyodo news service.
China and Australia agree to trade pact with ag benefits
China will reduce its tariffs on a range of Australian farm exports including beef and dairy as part of a free trade agreement, said Bloomberg. Australia said the trade agreement will give its products an advantage over competitors such as the United States and Canada.
Agriculture’s top hope for lame duck – revival of tax breaks
Congress is fairly likely during its post-election session to revive a package of tax incentives that expired on Jan 1, said the leaders of the two largest U.S. farm groups. The package includes the $1 a gallon tax credit for biodiesel, tax credits for wind and solar power, and generous write-offs for purchases of equipment and other assets. Bob Stallman, president of the American Farm Bureau Federation, told reporters the so-called tax extenders package was...
US appeals court rejects re-hearing of challenge to COOL
The U.S. Court of Appeals for the District of Columbia refused to re-hear a meatpacker lawsuit challenging USDA's country-of-origin meat-labeling rules, said Feedstuffs.
US ag exports to TPP bloc up 5 percent if trade barriers fall
U.S. agricultural exports to the 12 nations involved in the Trans-Pacific Partnership trade talks would rise by 5 percent over a decade if all agricultural tariffs and tariff-rate qoutas were eliminated, says USDA's Economic Research Service.
Bakers protest, growers applaud US-Mexico sugar deal
The American Bakers Association says a tentative U.S.-Mexico agreement to control imports of sugar from Mexico "is not good for bakers or all other users of sugar," says Baking Business.
US, Japan discuss parameters for agricultural market access
Japanese and U.S. negotiators explored various factors that control market openings for farm imports during President Obama's visit, a senior administration official told reporters.
Trump puts agriculture on list of potential ‘wealth fund’ investments
In a speech on Thursday, former president Donald Trump included “new and modern agricultural techniques” on a crowded list of potential investments from a yet-to-be-created wealth fund that might be bankrolled by import tariffs.