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Balanced Reporting. Trusted Insights.
Wednesday, April 09, 2025
U.S. farm groups are cheering the last-minute deal struck Sunday night to keep Canada in the newly renamed North American trade pact with the U.S. and Mexico.
U.S. and Canadian negotiators have reached an eleventh-hour agreement assuring Canada will be part of the renegotiated North American trade pact that is to be renamed the United States, Mexico, Canada Agreement. As part of the deal, Canada agreed to eliminate its controversial Class 7 dairy pricing program.
The U.S. and Japan have agreed to enter into talks for a free trade agreement, a development the American agriculture sector has been hoping for ever since President Donald Trump pulled the U.S. out of the Trans-Pacific Partnership.
Rural areas struggling with low commodity prices and a stalled farm bill are getting over $4 billion in new USDA grants and low-interest loans for new or upgraded water and sewer systems, electric power lines, and other essential infrastructure.
President Donald Trump and South Korea President Moon Jae-in today signed off on the renegotiated United States–Korea Free Trade Agreement (KORUS), putting an end to concerns from the U.S. farm sector about possibly losing the six-year old pact that has spurred American agricultural exports.
Agriculture Secretary Sonny Perdue has an alternate plan to end the U.S. trade war with China and the Trans-Pacific Partnership is key to its success, the cabinet member and former Georgia governor told Agri-Pulse in an interview.
The Trump administration today announced it is levying new tariffs on $200 billion worth of Chinese goods, escalating a trade war between the two countries that has hit the U.S. agriculture sector especially hard thanks to Chinese retaliation.
Farm bill negotiators are in danger of missing their deadline for agreeing on a new measure before the 2014 farm law expires Sept. 30 after failing to reach a deal last week.
The European Union is now willing to restart negotiations on beef trade with the U.S., but it’s still unclear if the Europeans are willing to include any other agriculture issues in the ongoing talks aimed at avoiding an all-out trans-Atlantic trade war.
U.S. dairy exporters are losing money as they try to maintain their hard-won footholds in the Chinese market amid the rising tariffs resulting from President Donald Trump’s trade war.