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Balanced Reporting. Trusted Insights.
Saturday, April 05, 2025
The U.K. successfully split from the European Union last week, setting into motion a scramble on both sides of the Atlantic in Washington and Brussels to woo the British into a free-trade agreement as billions of dollars in ag trade hang in the balance.
President Donald Trump on Wednesday signed the implementing language for the U.S.-Mexico-Canada Agreement into law, leaving Canadian ratification as the last hurdle for the pact that would preserve the strong trade ties between the three North American countries.
The Senate overwhelmingly passed the Trump administration’s revision of the North American trade pact with Canada and Mexico, sending the deal to the White House where the president has said he may sign it in a grand ceremony next week.
The WTO’s appellate body — key to resolving disputes among its 164 member nations — ceased to function about a month ago, indefinitely putting key cases on hold that the U.S. ag sector would like to see settled.
The first shipment of U.S. chicken to be sent to China in years will be arriving in January, marking the resumption in trade after China lifted its ban just a little over a month ago, USA Poultry and Egg Export Council President Jim Sumner tells Agri-Pulse.
House Speaker Nancy Pelosi and Democratic leaders gave the green light on Tuesday to a revised U.S.-Mexico-Canada Agreement and, according to House Ways and Means Committee Chairman Richard Neal, a floor vote on the new North American pact could get a floor vote next week.
The Department of Agriculture’s Food Safety and Inspection Service has announced 172 American poultry slaughter and processing facilities that can export their products to China.
China is lifting its four-year ban on U.S. poultry, opening the way for hundreds of millions of dollars of U.S. exports and demonstrating a further thaw in U.S.-China trade relations.
The U.S.-China trade war that forced U.S. exporters to diversify market priorities has played a role in the colossal rise of trade with Egypt, but only on the surface.