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Shining Light on Farm & Food Policy for 20 Years.
Monday, December 23, 2024
The U.S. farm sector knows the repercussions from President Donald Trump’s plan to impose steep tariffs on steel and aluminum imports are going to be bad – they just don’t know yet how bad.
When Japan was asked if it wanted fries to go with recent free trade agreements, it said yes. Unfortunately for U.S. potato farmers and processors, those fries will come mostly from Canadian and Belgian spuds.
The U.S., Canada and Mexico announced progress today at the conclusion of the seventh round of North American Free Trade Agreement talks in Mexico City, but it was the U.S. plan to levy steep tariffs on steel and aluminum imports that took center stage.
The Trump administration this week finalizes hefty steel and aluminum tariffs that have farm groups bracing from retaliatory trade actions, and the president also is pushing forward to address complaints by refiners about the cost of complying with federal biofuel mandates.
The U.S., Canada and Mexico have agreed to at least two more rounds of negotiations to continue trying to rewrite the North American Free Trade Agreement.
Negotiations to rewrite the North American Free Trade Agreement entered a sixth round this week amid widespread concerns that without substantial progress, the 24-year-old pact among the U.S., Mexico and Canada could come to an end .
As negotiators prepare to meet next week in Montreal, Canada for another round of North American Free Trade Agreement (NAFTA) modernization talks, the U.S. meat industry remains steadfast in advocating a “do no harm” approach to agricultural trade.
The sometimes chilly relationship between the U.S. and Canada just dropped a few degrees with a new Canadian complaint to the World Trade Organization that parts of the U.S. system for international trade remedies are unfair.
With the next round of talks to renegotiate the North American Free Trade agreement set to begin in Montreal this month, President Trump is telling America’s farmers and ranchers that he is dedicated to completing a new deal.
