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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, January 29, 2025
Japan has agreed to lift a significant restriction on U.S. beef that’s expected to result in as much as an additional $200 million in annual U.S. exports, USDA announced Friday.
While the rest of the country has enjoyed an economic resurgence in recent years, the farm economy has slipped into a recession as global commodity prices precipitously fall.
The House and Senate are pursuing a deal on disaster aid with just two weeks left until the self-imposed deadline of Memorial Day and little sign of progress on the major reasons for the impasse.
Trade talks between the U.S. and Japan are moving quickly, and there’s a good chance the two countries can wrap up an ag-centric deal to lift Japanese tariffs by the end of May, U.S. Agriculture Secretary Sonny Perdue said Tuesday.
President Donald Trump highlighted the importance of getting Japan to lower its tariffs on U.S. farm commodities as the two countries hash out a bilateral free trade agreement, a deal he said is progressing very rapidly.
Japan and the U.S. appear to be moving quickly on a free-trade agreement, but U.S. ag groups from across the country are pouring on the pressure for negotiators to move in a hurry.
U.S. Trade Representative Robert Lighthizer and Japanese Economy Minister Toshimitsu Motegi are scheduled to begin two days of talks on a free trade agreement in Washington Monday, U.S. government officials tell Agri-Pulse.
Next week is going to start off with a thud and not an April Fools' Day joke when Japan further lowers tariffs on wheat and barley from Australia, Canada and European Union countries.
Retaliation from around the world to U.S. steel and aluminum tariffs is still hitting farmers and ranchers here hard, but the pain could get a lot worse if President Donald Trump follows through with threats to impose new import taxes on cars and car parts.
U.S. Trade Representative Robert Lighthizer said today he is planning on officially starting negotiations with Japan next month for a bilateral free trade agreement.
