trade agreements
Mexico ratifies USMCA; Trudeau and Trump to discuss pact today
Mexico’s Senate ratified the “new NAFTA” on a 114-4 vote on Wednesday, making Mexico the first country to approve the free trade agreement. Prime Minister Justin Trudeau of Canada is to meet President Trump at the White House Thursday to discuss the path forward on the pact.
White House starts the march to a vote on the new NAFTA
U.S. trade representative Robert Lighthizer sent a letter to congressional leaders on Thursday to trigger the process of approving the new NAFTA. The draft of a so-called statement of administrative action allows the Trump administration to submit the trade deal to Congress within 30 days.
U.S. vote on the new NAFTA could slip to late 2020, says Grassley
Report: The ‘new NAFTA’ will boost ag exports by 1.1 percent
U.S. food and agricultural exports would increase by $2.2 billion, or 1.1 percent, with full implementation of the United States-Mexico-Canada Agreement, the successor to NAFTA, said the U.S. International Trade Commission in a report issued Thursday.
EU won’t discuss agriculture in trade talks with U.S.
Leaders of EU countries agreed to open trade talks with the United States on Monday with the goal of eliminating tariffs on industrial goods but said that agricultural products would not be part of the negotiations.
Pence hears grumbles about tariffs as he promotes the new NAFTA
Vice President Mike Pence told Indiana farmers on Thursday that the Trump administration is “absolutely determined to see the USMCA completed and ratified by the U.S. Congress this spring.” During his visit, the vice president heard complaints about tariffs on agricultural products from “numerous” crop and hog farmers.
Grassley urges Trump to remove tariffs on Canada and Mexico
To speed approval of the successor to NAFTA, President Trump should remove tariffs on steel imported from Canada and Mexico, said Senate Finance Committee chairman Chuck Grassley on Monday.
Trump heads for farm country as midterms near
Ten days ahead of the midterm elections, President Trump will tout his agricultural record to a pared-down crowd of 7,000 teenagers at the FFA national convention in Indianapolis and campaign in southern Illinois for an imperiled Republican member of the House Agriculture Committee.
‘Dairy was a deal-breaker’ in writing NAFTA’s successor, says president
President Trump veered between predicting easy approval of the new Canada-Mexico-U.S. trade agreement and expressing concerns about opposition to the pact on Monday while declaring that the agreement “is a very, very big deal for our farmers.”
Canada to eliminate Class 7 barrier, allow more U.S. access to dairy market
The U.S.-Mexico-Canada agreement that will succeed NAFTA includes the elimination of Canada’s Class 7 dairy price system and greater U.S. access to the Canadian dairy market than offered in the TPP free trade agreement, said senior administration officials late Sunday.
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.
Farm bill, just another in a roster of disappointments?
Senate and House negotiators tacitly acknowledged on Wednesday that the 2018 farm bill will be late, due to intractable disagreements. The delay could add the bill to a growing list of agricultural disappointments.
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.
‘TPP 11’ agree on trade pact a year after U.S. dropped out
A year to the day after President Trump pulled the United States out of the Trans-Pacific Partnership trade pact, the remaining 11 nations, which include Australia, Japan, Canada, and Mexico, completed a free trade agreement of their own.
Just in case: USDA works on response to NAFTA withdrawal
Agriculture Secretary Sonny Perdue said he is “talking with the administration and Congress about some mitigation efforts” if President Trump withdraws the United States from NAFTA, said Politico.
Farm country fears loss of NAFTA and its benefits
President Trump’s repeated threats to scrap NAFTA are creating uncertainty in the Farm Belt, where ag exports are a key source of income, and may undermine U.S. negotiating power in other parts of the world, said farm group leaders.
Canada and Mexico say U.S. asks too much for new NAFTA
With NAFTA negotiations at their midpoint, senior officials from Canada and Mexico accused the United States of seeking unfair trade advantages. U.S. trade representative Robert Lighthizer sternly responded that the United States will no longer tolerate trade deficits.
Canadian dairy quotas violate USMCA terms, dispute panel rules
In the first decision under the new North America trade pact, a three-judge dispute settlement panel ruled that Canada had manipulated its tariff-rate quotas to limit imports of U.S. dairy products, despite agreeing to greater U.S. access in the 2020 agreement. Agriculture Secretary Tom Vilsack said the ruling was a signal of U.S. resolve against unjustified trade restrictions anywhere.