Farms.com Home   News

US/China Trade Negotiations Continue

It's a big week for trade in the US, and Canada will be impacted on both fronts.
 
On Wednesday, the US and China signed the first phase of their new trade deal. The US still plans to keep the tariff war going for now, while phase 2 of the trade deal is worked out.
 
On the 2nd front, The US Senate is expected to vote today on the new NAFTA.
 
The expected vote promises sweeping bipartisan support for the legislation that will replace the original NAFTA. Most farm groups in Canada support the deal, but Canada's supply-managed dairy industry isn't as excited.
 
They're being forced to give up more market share to the US. The Trudeau government has been promising them billions in compensation for the loss of that market share.
 
Click here to see more...

Trending Video

Higher Crude Oil Futures for Longer = Stagflation?

Video: Higher Crude Oil Futures for Longer = Stagflation?


Fears are starting to grow that higher crude oil futures for longer could see slower economic growth and higher inflation BUT…. At a meeting in Paris, the Chinese team said they would be willing to buy more non-U.S. soybean row crops???? Trump's delay with the Xi meeting (pushed out to end of April) was replaced with the Ag Appreciation Day” on March 27th, 2026. A dry weather pattern for the Central Plains/U.S. winter wheat country causing are wildfires in NE and breaking record temps for March. Stocks are officially in a correction as funds continue to sell the metals to buy energy and ag + more.