Talks on renegotiating the North American Free Trade Agreement (NAFTA) continued for the third straight week last week, as representatives from the U.S., Canada and Mexico pushed to finalize an updated deal.
Uncertainty with trade deals, global competition and an ongoing trade war have the potential to alter U.S. beef’s standing in the export market.
Following USDA’s announcement to provide $12 billion in relief to farmers suffering financial harm from President Trump’s trade tactics, reactions to the deal are mixed, ranging from gratitude to skepticism.
Cattle importer focuses on finding healthy, quality cattle for finishing in the United States.
Setting market prices aside, one of the greatest challenges farmers face is agriculture labor. Given the current political atmosphere, there is a large amount of concern around guest worker programs.
Much of the uncertainty surrounding the issue of trade has created a level of anxiety within several U.S. industries.
Canada’s retaliatory tariffs against the United States — worth $16.6 billion — will clearly come at a cost, not only to the American economy, but also the Canadian economy.