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Tag Archives: trade

CHINA RETALIATION

#China imposed tariffs on a range of U.S. goods, following through on a promise to retaliate against the Trump administration’s penalties on imports of Chinese steel and aluminum. The tariffs include penalties of 25 percent on pork. (New York Times)

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#PORK WORRIES

#Illinois pork producers are concerned about a proposed 25 percent Chinese tariff on American pork imports. It would be bad news for Illinois, which is the fourth-largest pork producing U.S. state and China’s second largest pig market. (Illinois News Network)

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COURTING DEMS ON #NAFTA

The U.S. trade representative has been consulting with labor unions and congressional Democrats on proposals to boosting Mexican workers’ rights and wages in talks to overhaul NAFTA. Democrats’ votes would be needed to win approval for any new deal, given criticism from big business of the administration’s blueprint for remaking the trade deal. (The Wall… read more

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#NAFTA: ROUND SEVEN

U.S., Mexican and Canadian negotiators met on Monday seeking to narrow disagreements on how to overhaul NAFTA despite renewed signs of tension between Mexico and President Trump over his planned border wall. Talks are scheduled to run through March 5. (Reuters)

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CONGRESSMAN LEARNS ABOUT FARMERS’ NEEDS

U.S. Rep. Adam Kinzinger, R-Manteno, visited an Ogle County farm last week where he toured a wean-to-finish, multi-site hog operation and discussed trade and the farm bill. The congressman learned about manure application, safety, and animal care, as well as the importance of the North American Free Trade Agreement. (FarmWeekNow.com)

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THAWING #NAFTA PROSPECTS

During an Illinois Farm Bureau breakfast sponsored by COUNTRY Financial at the American Farm Bureau Federation Convention, Canadian Agriculture Attache Michael Hawkins touted the benefits of NAFTA. He said farmers in Canada and the U.S. stand to lose if negotiations break down. (FarmWeekNow.com)  

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#CANADA WELCOMES TRUMP SUGGESTION ON #NAFTA

Canadian Foreign Minister Chrystia Freeland said Friday that Canada welcomes President Donald Trump’s suggestion to extend the NAFTA talks deadline. Talks are scheduled to wrap up by the end of March to avoid clashing with Mexican elections but have stalled amid major disagreements. (Reuters)

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GOP GOVERNORS MEET WITH PENCE ON #NAFTA

Governors from Michigan, Iowa, Arkansas and Tennessee Thursday met with Vice President Mike Pence to voice deep concerns over proposed changes to NAFTA. The governors collectively said they understand the need to renegotiate the deal, but asked the administration to protect the agreement to avoid serious harm to agriculture, retail and manufacturing sectors in their… read more

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ENDING #NAFTA WOULD HURT GROWTH, COMPETITIVENESS

Ending NAFTA would harm the U.S. and Canadian economies and reduce their competitiveness versus Asia and Europe, according to a Monday report issued by the Bank of Montreal. The report, titled “The Day After NAFTA,” says failing to renegotiate the 23-year-old trade pact would lead to a 0.2 percent net reduction in real U.S. GDP… read more

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#NAFTA NEGOTIATIORS LOCK HORNS

Negotiators from the U.S., Mexico and Canada Tuesday will square off for the last time during the fifth round of talks to rework NAFTA. Talks could become contentious with negotiators pushing back against U.S. demands to raise the minimum threshold for NAFTA autos to 85 percent from 62.5 percent, as well as insist that fully… read more

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