While exports are important to US agriculture, US farm groups, trade analysts, and policy makers often neglect the impact of imports on the domestic farm economy. Last week, in looking at beef, we saw that imports left us with a negative balance of trade despite increasing exports; imports grew faster than exports. [Harwood D. Schaffer…
The European Commission late last week told member states that the United States is not yet willing to make the kind of concessions on the EU’s key agricultural priorities that are necessary to strike a Transatlantic Trade and Investment Partnership deal this year. [Daily News| June 01, 2016 |Inside US Trade] A May 27 email…
WASHINGTON — The same harsh politics that have spawned obituaries for President Obama’s signature trade agreement between the United States and 11 other Pacific Rim nations could actually help win its ratification in Congress in a lame-duck vote late this year, advocates are hoping. [Jackie Calmes| June 01, 2016 |New York Times] The cause of…
For all his bullying, narcissism and self-contradiction, there is one point on which presumptive Republican presidential nominee Donald Trump cannot be criticized. In attacking our nation’s longtime free trade policies and deals, the real estate tycoon has brought necessary attention to a huge elephant in America’s policy room, one that’s run wild and must be…