Wednesday, September 23, 2020

International News/Trade

Canada to Consider USMCA Next Week

Canada will consider the passage of the U.S.-Mexico-Canada Agreement next week. Prime Minister Justin Trudeau told reporters this week, "On Monday, we will introduce a Ways and Means motion, and on Wednesday we will...

Secretary Perdue Statement on Senate Passage of USMCA

Agriculture Secretary Sonny Perdue says of the U.S.-Mexico-Canada Agreement, farmers "are eager to see the President sign this legislation and begin reaping the benefits." Canada and Mexico are the first and second-largest export markets...

Mexico Strikes Down Nationwide E10

Mexico's Supreme Court this week ruled against a federal policy that would allow for higher ethanol blends nationwide. Mexico's Energy Commission sought a rule that would allow up to ten percent ethanol in gasoline...

Senate Passes USMCA; Perdue, Ag Groups Respond

U.S. Secretary of Agriculture Sonny Perdue issued the following statement after the Senate passed the U.S.-Mexico-Canada Agreement (USMCA) by a bipartisan vote of 89 – 10. “We’ve long waited for this day and now USMCA...

Trump Signs Phase One Agreement with China

President Donald Trump signed a trade agreement with China Wednesday. The phase one deal, according to the Trump administration, is worth an extra $40-50 billion annually over the next two years in U.S. agricultural...

Peterson, Costa, Cautiously Optimistic about Phase One China Deal

House Agriculture Committee Chairman Collin Peterson of Minnesota and Livestock and Foreign Agriculture Subcommittee Chairman Jim Costa of California say are the optimistic but cautious, regarding the phase one trade agreement with China. Peterson...

Farm Groups Welcome Phase One Agreement

Agriculture groups welcome the new trade agreement with China. The U.S. Grains Council says the agreement should reduce continued market uncertainty and incentivize China to purchase significant amounts of the full range of U.S....

USMCA Senate Vote Thursday

The Senate is hopeful to vote on the U.S.-Mexico-Canada Agreement Thursday morning. After quickly advancing the agreement through required committee approvals, the Senate will consider the agreement ahead of the impeachment trial next week....

Secretary Perdue: China Phase I Deal is a Bonanza for American Agriculture

U.S. Secretary Perdue issued the following statement after President Donald J. Trump signed the historic Phase One Trade Agreement between the United States and China: “This agreement is proof President Trump’s negotiating strategy is working....

USMCA Likely on Hold for Impeachment Hearings

Impeachment hearings are expected to now delay Senate consideration of the U.S.-Mexico-Canada Agreement. The House of Representatives will vote this week to send the articles of impeachment to the Senate. Senate leaders say the...

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