U.S., Canada, Mexico announce USMCA trade deal

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U.S., Canada, Mexico announce USMCA trade deal

on October 10th, 2018 in News by | No Comments

On Sunday, September 30 the United States, Canada, and Mexico announced that they have reached a deal to update NAFTA after over one year of negotiations. The revised NAFTA will now be called the United States-Mexico-Canada Agreement (USMCA). Several highlights of the USMCA include increased access for U.S. dairy, poultry…

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U.S., Japan to Begin Trade Negotiations

on September 27th, 2018 in News by | No Comments

On Wednesday, September 26 U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe issued a joint statement announcing that the United States and Japan will enter into trade negotiations for a United States-Japan Trade Agreement. The agreement will encompass goods as well as services, and both countries are also…

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U.S. Imposes $200 Billion in Tariffs on China; China Retaliates

on September 27th, 2018 in News by | No Comments

On Monday, September 24 the Trump Administration began implementing tariffs on a list of products announced on September 17. This latest set of tariffs are set at 10 percent on $200 billion worth of imports from China. These tariffs come on top of the $50 billion worth of tariffs already…

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U.S., Korea Sign Revised Trade Agreement

on September 27th, 2018 in News by | No Comments

On Monday, September 24 U.S. President Donald Trump and South Korean President Moon Jae- issued a joint statement regarding the conclusion of the negotiations to revise KORUS, the Korea-United States free trade agreement. The updated KORUS agreement includes several small changes that could result in improved Korean market access for…

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USDA Releases Methodology Behind Trade Mitigation Programs

on September 18th, 2018 in News by | No Comments

On September 13, the United States Department of Agriculture (USDA) released the methodology used in calculating trade damage estimates for its Market Facilitation Program (MFP) and Food Purchase and Distribution Program (FPDP). USDA developed an estimate of gross trade damages for commodities with assessed retaliatory tariffs by Canada, China, the…

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U.S. FDA Announces new Export Certification Program

on September 18th, 2018 in News by | No Comments

On August 31, the U.S. Food and Drug Administration (FDA) announced its new export certification program for certain FDA-regulated products such as grains, processed foods, food additives, color additives, food contact substances, and infant formula. The FDA may charge up to $175 for each certification. The FDA anticipates that this…

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Trump Imposes $200 Billion in Tariffs on China; China Retaliates

on September 18th, 2018 in News by | No Comments

On Monday, September 17 President Trump announced the imposition of 10 percent tariffs on $200 billion worth of imports from China. These tariffs come on top of the $50 billion worth already imposed earlier this year, meaning nearly half of all Chinese imports into the United States will soon face…

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United States-Mexico Trade Agreement

on September 7th, 2018 in News by | No Comments

On August 31, U.S. President Donald Trump issued a notice of intention to enter into a trade agreement with Mexico – the bilateral “United States-Mexico Trade Agreement.” In the notice the Trump Administration indicated that this agreement, which is set to supersede the U.S.-Mexico commitments under NAFTA and resulted from…

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USDA Launches Trade Mitigation Programs

on September 7th, 2018 in News by | No Comments

On September 4, U.S. Secretary of Agriculture Sonny Perdue launched the U.S. Department of Agriculture’s (USDA) trade mitigation programs aimed at assisting farmers suffering from unjustified trade retaliation by foreign nations. In July, the USDA announced it would authorize up to $12 billion in programs to mitigate retaliatory tariffs against…

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Deregulation of GE Canola

on August 30th, 2018 in News by | No Comments

On August 24, the USDA’s Animal and Plant Health Inspection Service (APHIS) announced the deregulation of Nuseed Americas’ canola variety genetically engineered (GE) to contain in its seed increased levels of docosahexaenoic acid (DHA), which is an omega-3 fatty acid. Please click here for more information, including the final plant…

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