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“The longer negotiations drag on, the tougher the situation for farmers, who face retaliatory tariffs as well as a lot of uncertainty about what markets are going to look like.”
Former Health & Human Services Secretary Tommy Thompson tries to “dispel some myths.”
Donohue said his prediction was “not just based on some thought I came up with in the middle of the night.”
Following President Trump’s “goodwill” gesture, U.S. and Chinese trade deputies will convene in Washington, DC, later this week ahead of planned high-level talks next month.
The Office of the U.S. Trade Representative’s U.S.-Mexico-Canada Agreement counterproposal to House Democrats is being kept under wraps due to national security, House Ways & Means Committee Chairman Richard Neal (D-MA) told Inside U.S. Trade on Thursday.
The U.S.-Mexico-Canada Agreement has bipartisan support and is likely to pass Congress this year, Democratic and Republican House lawmakers said on Thursday.
Larsen spoke about the status of the U.S.-Mexico-Canada agreement, as well as the U.S.-China trade conflict and the shifting politics of trade.
House Ways & Means Committee trade panel leaders are circulating a letter urging the Trump administration not to lower the U.S. de minimis threshold as part of a renegotiated NAFTA, contending that doing so would override congressional authority.
U.S. Trade Representative Robert Lighthizer on Wednesday submitted a formal counterproposal to the House Democrats’ U.S.-Mexico-Canada Agreement working group, according to a House Ways & Means Committee spokesperson.
Negotiations on bilateral trade deals, including with Japan, will remain in a “holding pattern” until the U.S.-Mexico-Canada agreement is ratified, Rep. Rick Larsen (D-WA) said this week.
The AFL-CIO disapproves of Mexico’s budget proposals for labor reform in 2020, a trade specialist with the union federation told Inside U.S. Trade.
“We're hoping to get this thing done within the next 30 to 60 days.”
The top trade official at the Agriculture Department told farmers on Monday that he expected a deal in principle with Japan, announced by the president last month, would “go live” around Jan. 1.
The Mexican government is not open to U.S.-Mexico-Canada Agreement enforcement proposals backed by U.S. labor groups and some Democratic lawmakers who want to allow American inspectors into Mexican facilities suspected of labor violations, Mexican Under Secretary for North America Jesús Seade said on Friday.
The U.S. International Trade Commission did not meet its obligations under U.S. law when it calculated antidumping and countervailing duties on Canadian softwood lumber, a North American Free Trade Agreement panel ruled on Thursday.
Mexican Ambassador to the U.S. Martha Bárcena on Wednesday suggested that Mexico, Canada and the U.S. take preparatory steps toward establishing a dispute-settlement roster for the U.S.-Mexico-Canada Agreement ahead of U.S. ratification, recognizing some U.S. lawmakers' concerns over the deal's enforceability.
In the Missouri Farm Bureau video, farmers call on "Trump Man” and “Nancy” to get the deal ratified.
As Congress prepares to return to work next week following a lengthy recess, the Office of the U.S. Trade Representative has yet to submit formal, comprehensive counterproposals to the House Democrats’ U.S.-Mexico-Canada Agreement working group, according to a House Ways & Means Committee spokeswoman.
LINCOLN, NE -- If the U.S.-Mexico-Canada Agreement manages to pass a divided Congress, it will be thanks in large part to the U.S. agriculture industry, a politically crucial constituency that has almost universally supported and lobbied aggressively for the new deal even as many farmers and other producers acknowledge it will mostly preserve the status quo.
“There’s serious reform that I want to see at the Ex-Im Bank before I’m going to support reauthorization,” he said, adding he was prepared to work with the bank's president on those changes.