United States Trade Representative Robert Lighthizer and U.S. Secretary of Agriculture Sonny Perdue announced that the Trump Administration has reached an agreement with the government of South Korea on market access for U.S. rice. Under this agreement, Korea will provide access for 132,304 tons of U.S. rice annually, with an annual value of approximately $110 million. Korea also agreed to ...

A report suggests that major cities in U.S. will face recession by 2020. Trade disputes between U.S., Mexico, Canada, EU and China are some of the contributing factors for economic slowdown, leading to an uncertain future.  Although the Donald Trump administration stated that a partial trade agreement was on the cards with China, but they are yet to come to ...

Farmers experienced huge loss as a result of the trade war when Beijing imposed tariffs on a variety of U.S. agricultural products, including soybeans, corn and pork. In some cases, the Chinese market evaporated for American exporters, resulting in tumbling commodity prices, and big losses for U.S. farmers. To make up for some of these losses, the Trump administration has ...

Nancy Pelosi, U.S. House of Representatives Speaker, expressed support for trade deal between US, Canada and Mexico on better enforcement of its labor provisions. President Donald Trump and top administration officials put pressure on Pelosi and Congress to approve the trade agreement through scores of coordinated interviews with talk radio stations and aggressive social media postings. They are pressing for ...

A recent American Farm Bureau Federation report stated that highest number of farm bankruptcies have been reported from Wisconsin with 48 Chapter 12 filings over the 12-month period ending in September, followed by Georgia, Nebraska and Kansas, each of which had 37 filings. Minnesota, California, Texas, Iowa, Pennsylvania and New York round out the top 10 states for farm bankruptcies. ...

The ongoing trade war seems to be reaching some breakthrough with negotiators from US and China trying to arrive at an interim deal. The Chinese Ministry of Commerce revealed that once the agreement is signed, both the countries may agree to eliminate the additional tariffs in a phased manner. Extensive discussions to end the trade war between US and China ...

Ghananian traders and citizens will now have information about the value and quantity of illegal Rosewood imported to China with the help of the Environmental Investigation Agency (EIA). According to a September report, approximately 9,330 tons of Rosewood was imported to China, which is a breach of regulation that clearly prohibits export, transport and harvest of species. Another investigation points ...

Rwanda and Uganda are caught up in a major tussle as the latter refused to hold bilateral meetings to resolve issues pertaining to movement of goods and people across the border. Rwanda’s Paul Kagame revealed, “The meeting in Kigali went well and there was supposed to be a meeting after that in Kampala but it did not happen. I am ...

The Intra-African trade faces a grim future owing to closure of Nigerian border. International relations expert Dr. Vladimir Antwi-Danso has expressed his dissatisfaction about these activities and wishes to initiate dialogues with the Nigerian authorities to improve the situation. “Every country is trying to be protectionist, America is doing it, China is doing it, but the only thing we can ...