Ag Today January 21, 2020
Hidden in China trade deal is a 'watershed moment' for California dairy [Sacramento Business Journal]
President Donald Trump signed an initial trade deal with China Wednesday, laying the groundwork to possibly de-escalate the trade war somewhere down the road. And while many of the details of the deal are murky, it contains one bright spot for Sacramento dairy farmers. The deal puts a pause on tariff increases, but doesn’t roll back any of the existing tariffs that have been piling up since 2018. China has also committed to buying $200 billion more in American goods, including $32 billion more in agriculture...
Ag Today January 17, 2020
More good news for growers: Senate passes bipartisan trade deal with Mexico, Canada [Visalia Times-Delta]
Tulare County growers are applauding the Senate's approval of a revamped trade agreement with Mexico and Canada that leaders say will benefit farmers, ranchers and agricultural businesses throughout the Central Valley….It's a major rewrite of trade rules with the nation's neighbors and closest trading partners relating to agriculture, manufacturing and services….“Passage of the USMCA has been a top priority for Farm Bureau and other farm organizations, and we’re excited to have achieved the milestone of congressional passage,” said Jamie Johansson, California Farm Bureau president.
‘The dam must...
Ag Today January 16, 2020
Senate oks North American trade deal to replace NAFTA, giving Trump a much-needed win [NPR ]
The Senate overwhelmingly approved a revised North American trade pact in a rare bipartisan vote Thursday that hands President Trump a victory on a key campaign promise just as lawmakers are preparing his impeachment trial. The U.S.-Mexico-Canada Agreement, or USMCA, passed by a vote of 89-10, with all but a handful of Democrats and one Republican senator supporting it….With a renegotiated trade pact with Mexico and Canada and the signing on Wednesday of an initial trade deal with China aimed at winding down a long...
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