Japan approves ag and digital trade deal with U.S.

Beginning on Jan. 1, Japan will lower or eliminate tariffs on $7.2 billion worth of U.S. farm exports under a “mini” trade pact that received final approval in Japan’s parliament on Wednesday.

Japan ag output to decline under trade pact with U.S.

Japanese beef producers will be hit the hardest by their nation's agreement to reduce tariffs on U.S. food and agriculture products, according to an estimate by the government in Tokyo. The package calls for Japan to reduce or eliminate tariffs on $7.4 billion worth of U.S. ag exports beginning on Jan. 1.

Cars slow progress on U.S.-Japan trade ‘mini-deal’

An accord expected to boost U.S. farm exports to Japan may not be complete in time for signature by President Trump and Prime Minister Shinzo Abe on the sidelines of the UN General Assembly this week. The so-called mini-deal would cover agriculture and digital trade but is being held up by Tokyo's request that the United States promise not to impose tariffs on cars imported from Japan.

Ag ‘risks losing much of the trade gains achieved over the past three decades’

The U.S. food and agriculture sector would lose nearly $22 billion in exports, equal to 15 percent of this year's sales forecast, if the United States scrapped NAFTA without a replacement on top of withdrawing from TPP, said three Purdue economists in a report on Monday. "Under this more pessimistic outcome, the negative trade impacts would be reflected in lower incomes for U.S. farmers, reduced land returns and labor displacement."

Trump asks China to remove tariffs on U.S. ag exports

With the trade war stunting U.S. farm exports after two years of growth, President Trump said he has asked China to remove its retaliatory tariffs on U.S. food and ag exports. Trump announced the request on the same day four large farm groups opened their annual meetings with a joint endorsement of the new North American trade pact negotiated by the White House.

Trade talks with Japan are a chance to catch up, say farm groups

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.

Japan sets limit on ag access in trade talks with U.S.

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.

Farm state senators say TPP could be part of a trade war cure for ag

Three Republican senators said on Thursday that re-entering the Trans-Pacific Partnership could speed up the process of finding alternative markets for farm exports now that China has closed its door to them.

Slow going on trade, no aid for small business, says Lighthizer

U.S. Trade Representative Robert Lighthizer told senators on Thursday that “hopefully, we are in the finishing stages” of negotiating the new NAFTA. At the same time, he said Japan is balking at writing a trade agreement with the United States and the administration has yet to start talks with other Pacific Rim nations as an alternative to the Trans-Pacific Partnership.

Trump: ‘I don’t want to go back into TPP’

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.