Trade
The dollar lurched lower on Monday, back towards the one-month lows hit last week when it became clear the Fed was in no hurry to tighten policy.
U.S. and Chinese officials met face-to-face for high-level talks, and the meeting had a tense tone as the countries remain at odds over issues from cyber security to human rights.
The top trade officials in the U.S. and China meeting for the first time. The exchange happening virtually. Ambassador Katherine Tai held an introductory virtual meeting with China’s Vice Premier, Liu He.
The U.S will target China with a new “strike force” to combat unfair trade practices, as the administration rolled out findings of a review of U.S. access to critical products, from semiconductors to EV batteries.
Demand for pork and grains is helping propel prices in 2021, and USDA is forecasting it to be a record year.
The National Pork Producers Association (NPPC) is calling on Congress to help fix the shipping container fiasco, which the Association says is causing bottleneck issues, including major shipping delays.
China will issue new rules on the management of price indexes for commodities and services, it said on Thursday as the government steps up scrutiny of the country’s commodity markets and battles to contain inflation.
As analysts keep a close eye on rumored soybeans buys from China late last week, China has issued new rules when it comes to monitoring commodity prices as the country battles to contain inflation.
Pork shipments from a North Carolina pork processing plant are now blocked from entering Mexico. The plant located in Tar Heel, N.C., is a Smithfield foods plant and is the largest in the world.
Members of the National Pork Producers Council sent a letter to USTR Katherine Tai about trade with Vietnam. The group says that ASF is impacting the hog herd, but trade barriers are impacting exports.
China is continuing to make big imports of feed grains and pork. Numbers released by China’s Customs Administration Sunday shows the country imported 16% more pork in March.
USTR Katherine Tai on Monday told the European Union’s competition commissioner, Margrethe Vestager, that she has a “strong desire to develop a more positive and productive” trade relationship with the EU.
Farmers for Free Trade wants to see a full implementation of the Phase One trade agreement. A year into the deal, there are still accountability and compliance issues with China.
In a unanimous Senate vote on Wednesday, Katharine Tai was confirmed as the next U.S. Trade Representative. The trade expert was confirmed with a vote of 98-0.
While trade is not a headline of the Biden Administration in the first 100 days, it’s not stopping Katherine Tai from making her voice heard. Tai is now waiting full confirmation vote to put her ideas to work.
Congress got a clearer view of President Biden’s trade agenda this week as the Senate Finance Committee questioned Katherine Tai, Biden’s nominee to serve as the United States Trade Representative.
Biden’s USTR nominee was a key player in the USMCA negotiations, and some think USMCA may be a template for future trade talks, including the possibility of rejoining the Trans-Pacific Partnership (TPP).
Trade seems to be taking a back seat in Washington. From COVID-19 recovery to a focus on climate, other issues are taking priority in the new White House. That’s not stopping ag groups from pushing for key trade deals.
2020 was a banner year for pork exports. U.S. Meat Export Federation (USMEF) will release the final 2020 data early next week, but USMEF’s CEO says the data will confirm record pork exports last year.
Whether it’s to fulfill Phase One promised, or an increased need for feed, some say the timing of the record Chinese buys isn’t a coincidence. So, what’s driving the record demand from China?
During U.S. Treasury Secretary Janet Yellen’s confirmation hearing in January, Yellen previewed how the Biden administration may address trade issues with China.
President Joe Biden’s trade team is coming together, and it looks to be stacked with individuals who were key in crafting the U.S. Mexico Canada Agreement (USMCA).
Sixty-two agricultural organizations are calling on U.S. trade officials and Congress to remain in the World Trade Organization (WTO).
Several plants have been suspended in Brazil but only one has in the U.S., where more than 16,000 meatpacking workers in dozens of plants have been infected with coronavirus.
Two U.S. Senate Democrats are pressing meatpackers to disclose by month’s end how much pork, beef and chicken they have shipped to China during the coronavirus outbreak while warning of possible meat shortages at home.
The U.S. and China Phase One trade agreement comes with hefty expectations. What could China buy to meet its $40 billion goal, and when could those buys happen? Economists and market experts weigh in.
On Wednesday President Donald Trump and Vice Premier Liu He signed the Phase One portion of the trade deal between the U.S. and China.
President Donald Trump signed off on a so-called phase-one trade deal with China, averting the Dec. 15 introduction of a new wave of U.S. tariffs on about $160 billion of consumer goods from the Asian nation.
It’s crunch time in Washington D.C. to get the U.S.-Mexico-Canada Agreement (USMCA) passed in 2019, with many agricultural groups and organizations losing patience. So, what does the deal do for agriculture?
The U.S. and China reached a partial agreement Friday that would broker a truce in the trade war and lay the groundwork for a broader deal.