• Global Rice Markets are Distorted by Bad Actors, Contributing to U.S. Trade Deficits USA Rice Testifies at Commerce Department

    May 18, 2017
    The Department of Commerce hosted a day-long hearing with witnesses from across the U.S. economy to examine reasons for bilateral deficits with 13 U.S. trading partners. USA Rice, participating in the agriculture panel, explained that while the U.S. rice industry generates a $1.2 billion trade surplus, “a majority of the countries being examined, including China, the European Union, India, Japan, Korea, Taiwan, Thailand, and Viet Nam intervene heavily in the rice market, and the result is restricted access for U.S. rice or unfair competition in foreign markets.”
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  • Rice Industry to Remain Vigilant as Trump Administration Makes NAFTA Renegotiation Official

    May 18, 2017
    The Trump Administration today formally notified the U.S. Congress of its intent to enter into negotiations with Mexico and Canada to “modernize” the North American Free Trade Agreement, or NAFTA. A letter from freshly-installed U.S. Trade Representative Robert Lighthizer to Congressional leadership begins a mandated 90-day consultation with Congress before formal negotiations can begin. Additionally, U.S. law requires the President to provide detailed negotiating objectives 30 days prior to the start of negotiations.
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  • Trump Trade Team Locked and Loaded with Lighthizer

    May 12, 2017
    President Trump’s trade team was rounded out yesterday when the man at the top, Robert Lighthizer, was finally confirmed by the Senate to become the U.S. Trade Representative.
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