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trade agreement
Despite strong anti-trade comments from President Trump, a $1 trillion free trade agreement went into effect on Wednesday of this week, called the Trade Facilitation Agreement. A CNN Money report says the agreement is designed to cut through red tape and help solve problems like border delays and transportation bottlenecks. The World Trade Organization says it will cut a day and a half off the time needed to import goods and cut two days off the time need to export products. Continue reading

yellow corn
Mexico is turning its attention to South America, given uncertainty over U.S. President Donald Trump’s trade policies. Mexico’s agriculture minister last week announced he would lead a business delegation to Argentina and Brazil to explore buying yellow corn from the two nations. Continue reading

European union Canada trade
The European Union Parliament backed a measure Wednesday approving the Comprehensive Economic and Trade Agreement between the European Union and Canada. Continue reading

China New Zealand free trade talks
China and New Zealand will hold a series of meetings to promote free trade amid growing concerns over U.S. trade protectionism. The Strait Times, a Singapore-based newspaper, reports officials from both China and New Zealand have confirmed the meetings will take place. Continue reading

assigned
President Donald Trump has assigned Vice President Mike Pence to lead economic dialogue with Japan following meetings with Japan’s Prime Minister. Trump and Japan’s Prime Minister Shinzo Abe (Sheen-zoh-ah bay) made no decision regarding bilateral trade negotiations while meeting over the weekend in Florida. Continue reading

energy
In a letter to President Donald Trump this week, the U.S. Grains Council (USGC), Renewable Fuels Association (RFA) and Growth Energy are asking for help “in urgently addressing China’s recent implementation of protectionist trade barriers that are shutting out U.S. exports of ethanol and distillers dried grains (DDGS).” Specifically, the three groups are asking the incoming U.S. Trade Representative to put China’s recent actions near the top of the administration’s China trade agenda. Continue reading

Agriculture groups
More than 80 agriculture groups signed off on a letter to President Donald Trump Tuesday, calling on the administration to reduce and eliminate tariffs and other restrictive agricultural policies in the Asia-Pacific region. Continue reading

business rejection
Pork industry leaders from Canada say the rejection of the Trans-Pacific Partnership by the United States could create new export opportunities for Canada’s pork producers. Continue reading

trump
President Donald Trump has suggested changing the acronym of the North American Free Trade Agreement when renegotiating the trade deal. Continue reading

new zealand

Petersen


The New Zealand trade envoy says a Donald Trump presidency might be good for his country. Special Agricultural Trade Envoy Mike Petersen says, “He (Trump) is really strong on holding countries accountable on their trade obligations and that’s a good thing.” Continue reading

Cargill Chair and CEO David MacLennan

MacLennan


As Cargill Chair and CEO David MacLennan looks at the North American Free Trade Agreement, pulling out of the deal would have a “chilling effect on the already depressed agricultural economy.” He says new trade deals must fill the hole left by the Trump Administration’s move to exit the Trans-Pacific Partnership. Continue reading

by Jim Mulhern,President, CEO of NMPF

trump trade

Mulhern


On his first Monday in the White House, President Donald Trump recently signed an executive order officially abandoning the Trans-Pacific Partnership. This action raised as many questions as it answered about the future of trade policy in the new administration.  It certainly signals that America’s approach to global trade policy will undergo a serious re-examination, and face a more critical assessment than at any point in the past five decades.

Both on the campaign trail and during his inaugural address, President Trump made it clear that trade policy is a top priority, and that he intends to look at trade deals through a different lens than his predecessors.  For the U.S. dairy sector, the challenge and the opportunity going forward will be reminding policy makers that trade – and the ability to export our products – is absolutely essential to the future of our farms, as well as our cooperatives and proprietary processors. Continue reading

speed
Germany asked the European Union last week to speed-up trade talks to open trade with more than a dozen countries. Continue reading

Group Urges U.S. Governors to Aid in Preserving Export Markets and ‘Consider All Tools at Their Disposal’


The U.S. dairy industry continued to push back against Canada’s protectionist policies that are effectively blocking American dairy imports into the country in violation of international agreements. A group of 17 dairy companies representing dairy farmers and processors from coast to coast asked governors in 25 states to urge Canadian policymakers to uphold existing trade commitments with the United States and halt the imminent implementation of a national strategy that would unfairly subsidize Canadian dairy products in its domestic and global markets. Continue reading

trump
The Trump administration over the weekend announced it would pursue closer trade relations with the United Kingdom, news welcomed by the National Pork Producers Council, which urged the administration to begin talks as soon as possible.

Meeting last week at the White House, President Trump and British Prime Minister Theresa May agreed to hold preliminary talks on a trade deal, which can’t be finalized until the U.K. leaves the European Union. (The U.K. in June 2016 voted to get out of the economic bloc, which was formed after World War II to promote economic growth and to avoid conflict among the 28 member countries.) Continue reading

trump trade grains
Newly-inaugurated President Donald Trump has already followed through with key campaign promises related to trade policy – moves that have caused concern among grain farmers whose price is being supported by export sales. Continue reading

TPP is out
The United States is officially out of the Trans-Pacific Partnership (TPP), as most expected would happen. So now what? California Farm Bureau Federation President (CFBF) Paul Wenger said work needs to start on building individual relationships with countries, and it’s up to farmers to remind the new administration how important agricultural trade is. Continue reading

trade member
Trans-Pacific Partnership member nations are hoping to salvage the trade deal after U.S. President Donald Trump withdrew the United States from the agreement by executive order. Continue reading

ethanol
Buyers in China have canceled up to seven ethanol import shipments due to arrive by April, the first sign a likely hike in import duties is threatening to stall demand. Continue reading

agricultural trade with Cuba
Opening trade with Cuba presents clear market opportunities for U.S. agriculture. Experts at a workshop at the 2017 Annual Convention & IDEAg Trade Show shared with attendees what normalized trade relations with Cuba could mean for American farmers and ranchers’ bottom lines.

Dr. Steven Zahniser, an economist at the Agriculture Department’s Economic Research Service, set the stage by reviewing what trade has looked like in the past with Cuba, to where we are today, and what the future might bring. Continue reading

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