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Trade Progress For Agriculture

Farmers can expect benefits from pending trade agreements with China and North America as well as a recent agreement signed with Japan, the head of the United States Department of Agriculture (USDA) Foreign Agricultural Service (FAS) said at Land Expo 2020 in Des Moines, Iowa. Ken Isley, administrator of Foreign Agricultural Service (FAS) revealed that the the U.S. beef industry will benefit from ...

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Trump’s Trade Wars Continues To Ripple Through U.S. Economy

As U.S. President Donald Trump and Chinese Vice Premier Liu He prepare to sign the ‘phase 1’ trade deal, data show that the costs of Trump’s trade wars are proving more widespread, deeper and longer-lasting than previously believed. Research from the U.S. Federal Reserve and other top economists shows that U.S. tariffs on Chinese industrial components and materials, which largely won’t be lifted ...

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Details Of Phase One Deal Revealed

China has committed to making large scale purchases of US$200 billion of American goods as part of the phase one trade deal. Purchase target for manufactured goods of around US$75 billion, with China also committing to buy huge amounts of energy, agriculture and services. The target for manufactured goods purchases will be the largest, worth around US$75 billion, US$50 billion worth ...

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EU’s Tough New Trade Boss Seeks Reset With Trump

New European Union Trade Commissioner Phil Hogan arrives in Washington on what could be an impossible mission — resetting the world’s largest investment and trade relationship after three years of President Donald Trump’s trade-rattling tariffs. The challenge could be the 6-foot-5-inch Irishman’s most daunting to date, following tough but successful negotiations on an EU beef deal with the U.S. and ...

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U.S. Exempts Australia, Canada, UK From Some Foreign Investment Review

The Trump administration will exempt some companies from Australia, Canada and the United Kingdom from beefed up scrutiny of foreign investments in the United States. The finalized rules, which will go into effect on Feb. 13, extend the powers of the Committee on Foreign Investment in the United States, known as CFIUS, which has increasingly flexed its muscle against Chinese firms. They ...

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U.S. And France Race To Conclude Digital Tax Talks As Tariff Threat Looms

The United States and France are racing to reach a compromise in a digital tax dispute that could result in hefty American tariffs on French wine, cheese, handbags, cookware and more. The French finance minister, said that he had spoken with Steven Mnuchin, the Treasury secretary, about a new French tax on Facebook, Google and other American technology giants. The tax ...

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U.S. Trade Relations With Beijing And Tokyo In The Spotlight

Trade with Beijing and Tokyo will remain in the spotlight, as U.S. Trade Representative Robert Lighthizer embarks on ‘phase-two’ negotiations with both countries. Vietnam and other countries in Asia could also receive increased attention, if Trump remains serious about negotiating bilateral trade deals to replace the 12-nation Trans-Pacific Partnership that he pulled out of on his third day in office. ...

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Trump’s 2020 Trade Vision

President Donald Trump has threatened to blow up the established order of international trade to get fairer terms for the United States. But after three years of tariff hikes and trade negotiations that have yielded some gains, the jury is still out on whether his get-tough approach has produced better results than the tactics of predecessors who were less willing to ...

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Brighter Days Ahead For U.S. Beef Exports

U.S. beef exports have trailed year-ago levels for each of the first 10 months of 2019, but there is growing optimism that international demand for U.S. beef will improve in 2020. The latest positive development occurred in December, when Japan finalized approval of the U.S.-Japan Trade Agreement. This will improve the competitive position of U.S. beef in Japan by allowing the ...

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America Can Unleash Central Europe’s True Potential

Western Europe boasts a spider-web of roads, highways, railroads, canals and pipelines. They span borders and have been crucial to trade and economic growth. But Central Europe’s main cross-border infrastructure remains limited to a few east-west transit routes and pipelines. There are no major north-south economic corridors. Consequently, the region operates like a set of islands with limited connectivity and ...

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