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The U.S., Mexico and Canada are working towards implementing the U.S.-Mexico-Canada Agreement, now that all countries have approved the deal, however, the current coronavirus outbreak could delay implementation if it continues to escalate.
AFBF President Zippy Duvall recently appeared on Fox News Business to discuss farm bankruptcies and the potential opportunities of the China Phase 1 trade agreement.
The landmark U.S.-China Phase One Economic and Trade Agreement was entered into force on February 14, 2020.
U.S. Trade Ambassador Robert Lighthizer spoke at the Orrin Hatch Foundation symposium on international trade with industry leaders from Utah, including Utah Farm Bureau President Ron Gibson
The United States International Trade Commission (ITC) determined on Jan. 14 that dried tart cherries from Turkey are not injuring the U.S. industry. This means no anti-dumping and countervailing duty orders will be issued against Turkey.
Today’s signing of the United States-Mexico-Canada Agreement (USMCA) by President Trump increases hopes that 2020 will begin a stronger decade for America’s farmers and ranchers.
The United States may have to compete with other nations to gain additional market share promised in an upcoming trade agreement with China.
At a time when farmers continue to face strong economic headwinds, the agreement is expected to increase U.S. agriculture exports by $2 billion.
The United States and China today signed a “Phase 1” trade agreement that both countries say will lead to increased purchases of U.S. agricultural products by China.
2019 is in the rearview mirror and the American Farm Bureau is hoping for progress on trade negotiations and regulatory changes which will help agriculture in 2020.