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Tag Archives trans-pacific partnership — page 2

File photo of street food on display in Hue, Vietnam. (RomanBabakin/iStock/Getty Images)
Markets

Vietnam considers CPTPP-level tariff cuts on U.S. ag products

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Hanoi | Reuters — Vietnam is considering cutting tariffs on several U.S. products, the ministry of finance said in a statement on Monday, after U.S. Commerce Secretary Wilbur Ross urged Vietnam to reduce its trade surplus during a visit to Hanoi last month. Tariffs on chicken and processed chicken meat, almonds, grapes, wheat, pork and […] Read more
U.S.-Japan trade deal falls short of abandoned Trans-Pacific pact
News

U.S.-Japan trade deal falls short of abandoned Trans-Pacific pact

But beef and pork producers have made big gains under the bilateral deal

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Washington | Reuters – U.S. President Donald Trump has called his new trade deal with Japan a “phenomenal” victory for U.S. farmers. But don’t expect America’s Land O’Lakes butter to knock New Zealand’s Anchor or France’s President brands off store shelves in Japan, the world’s third largest economy. Butter is one of several U.S. dairy […] Read more
File photo of marbled Japanese beef on display at retail. (ES3N/iStock/Getty Images)
Livestock, Markets

Japan set to grant TPP-level access for U.S. beef, pork

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Tokyo | Reuters — The United States and Japan have reached the broad framework of a trade agreement, Japan’s Nikkei business daily said on Saturday, with Tokyo making concessions on its agriculture but none immediately apparent from Washington on automobiles. U.S. Trade Representative Robert Lighthizer and Economy Minister Toshimitsu Motegi reached the deal in Washington […] Read more
Canadian dairy producers were told money has been earmarked but specifics are yet to be announced.
News

Canada’s dairy sector still waiting for compensation details

Feds had promised to say by end of June how they would compensate supply managed farmers for loss of market

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Glacier FarmMedia – Federal Agriculture Minister Marie-Claude Bibeau made a brief stop at Dairy Farmers of Canada annual meeting in Saskatoon recently, where she spoke with Canadian dairy producers and announced an $11.4 million federal contribution to the Canadian dairy research cluster. However, she failed to deliver the information that Canadian dairy farmers have been […] Read more
Canada’s active role is recognized in the term “the Ottawa Group,” which refers to countries committed to preserving and improving the WTO.
News

Ag-exporters support Canada’s drive to revive the WTO

Rules-based trade is critical for agri-food sector: CAFTA

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Canada’s agricultural exporters are praising the federal government for heading the drive to revive the World Trade Organization. “We are pleased to see (International Trade Diversification) Minister (Jim) Carr leading important discussions to maintain and modernize our multilateral trading system,” said Brian Innes, the president of the Canadian Agri-Food Trade Alliance, recognizing work happening during […] Read more
(Toa55/iStock/Getty Images)
Livestock

Canadian dairies get significant control over imports under TPP

Toronto | Reuters — Canada will give local dairy processors significant control over imports under a new trade deal with Pacific countries that opens the sheltered industry to further competition, according to a notice published by the federal government, which drew criticism from Canadian retailers. New quotas created by the Comprehensive and Progressive Agreement for […] Read more
pigs on a farm
News

Grains, hog farmers praise trade deal

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Farmers outside of supply managed commodities are praising the new United States-Mexico-Canada Agreement to modernize NAFTA. Stability of markets is important for trading commodities and a completed North American trade deal will help remove concerns about potential change in the market. “This agreement ensures that the existing strong trade relationship between Canada, the U.S. and […] Read more
Canadian beef exports to Japan saw their second highest year ever in 2017, the most since 2001.
Livestock

Beef trade to Japan expected to rise

Last year saw exceptional sales, but they could be even better if the tariff on beef to Japan drops with CPTPP implementation

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The Canadian beef industry just experienced its second-best year ever for exports into Japan, with the 2018 projection indicating a continuation of that trend. Attendees at the third annual Canadian Beef Industry Convention (CBIC) in London, Ont. were told to expect even greater growth once the federal government ratifies the trade deal known as the […] Read more
(PortSeattle.org)
Markets

U.S. to take another look at Pacific trade pact

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Washington | Reuters — U.S. President Donald Trump has asked his trade advisers to look at rejoining the Trans-Pacific Partnership, a multinational trade pact he withdrew the U.S. from last year, White House spokeswoman Lindsay Walters said. Republican senators met with Trump on Thursday and he told them that he has asked U.S. Trade Representative […] Read more

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