Ag Exports in Focus Following Tariff Rate Quote Agreement Between U.S. and EU

Earlier this week, United States Trade Representative Katherine Tai along with EU representatives signed the U.S.-EU Tariff Rate Quota (TRQ) Agreement.

This enabled the U.S. to preserve its existing access to the EU market for various agricultural goods following the United Kingdom’s exit from the EU on January 1, 2021.

Through the first 11 months of 2022, the U.S. exported $11.1 billion worth of goods to the EU, according to the office of the U.S. trade representative. 

Under tariff-rate quota 005 (Meat of bovine animals/Edible offal of bovine animals), the Union volume of the United States/Canada country specific part was adjusted to 10,500 tonnes...

U.S., EU Agree to Tariff Rate Quotas for Agricultural Products

The United States Trade Representative (USTR) Katherine Tai and a number of EU representatives signed the U.S.-EU Tariff Rate Quota (TRQ) Agreement on January 17.

According to the USTR, the agreement will allow the U.S. to preserve its existing access to the EU market for various agricultural commodities following the United Kingdom’s exit from the EU on January 1, 2021.

“The new TRQ allocations are based on the historical pattern of agricultural exports to the 27 EU Member States,” the USTR’s office wrote in a press release...

Southern Shrimp Alliance Opposes Proposed Trade Laws That Could Exempt Antidumping Duties

The Southern Shrimp Alliance (SSA) submitted comments in opposition to recently proposed trade regulations by the U.S. Department of Commerce (DOC), which they are concerned could impact trade relief U.S. fishermen receive.

The comments were submitted last week and focus on Commerce’s potential decision to “facilitate the importation of massive amounts of crystalline silicon photovoltaic (“CSPV”) cells and modules exempt from the payment of antidumping (“ADs”) and countervailing duties (“CVDs”).

Back in July, Commerce proposed new regulations that would...

Maine Senator Wants USTR To Hold China Accountable on Lobster Trade

After the Office of the United States Trade Representative (USTR) said it will take a different approach to harm caused by China’s trade practices, Maine Senator Susan Collins (R) pushed U.S. Trade Representative (USTR) Katherine Tai, to hold China accountable for its lobster purchases.

“China agreed to purchase at least $227.9 billion of U.S. exports in 2020 and $274.5 billion in 2021, for a total of $502.4 billion over those two years,” Senator Collins wrote.  “However...

USTR Extends China Tariff Exclusions for Seafood Products

A handful of seafood products will continue to be excluded from the tariffs linked to the China Section 301 Investigation.

On December 16, the Office of the United States Trade Representative (USTR) announced a nine-month extension for 352 product exclusions that were reinstated in March 2022. The exclusions were set to expire at the end of the year.

The extension will impact the following seafood items:

- Alaskan sole (yellowfin, rock or flathead, frozen in blocks, in cases with net weight of more than 4.5 kg...

Latest AgriBriefing Webinar: Many Markets Nervous as No End in Sight for Rising Raw Materials Prices

Russia’s war against Ukraine and subsequent blockade of Ukraine’s grain exports by sea have sparked an unprecedented global food crisis. The disruption has been further exacerbated by hot weather and droughts that have hurt crops in other parts of the world, sending prices of some grains to record highs and threatening food security in parts of the developing world too.  

And if we factor in challenging growing seasons for crops, lockdowns in major Chinese cities, bird flu in the US, and other pressure points for import, export, and production, the concerns over agricultural markets and global demand are unlikely to relent.   

Experts from AgriBriefing's brands –  Stratégie Grains, Feedinfo, and Urner Barry – came together in a live webinar entitled ‘Rising Raw Materials Prices: Why? How? What’s Next?’ on 24 May to provide their latest overviews of...