Chuck Grassley says the U.S. Congress will reject any deal that excludes agriculture
When trade representatives visit me to discuss biotechnology products, often the first thing I do is eat a genetically modified kernel of corn from my farm in New Hartford, Iowa, to show that American biotechnology products are safe for consumers. In Europe, this wouldn’t be possible. As a WTO panel found, the EU unduly delays approvals for U.S. agricultural biotechnology. Remarkably, the delays take place even after EU scientists conclude the products at issue are safe.
Unfortunately, the EU’s insistence on excluding agriculture from trade talks doesn’t come as a surprise. There have been countless tariff and nontariff barriers imposed on American agricultural products over the past two decades. For example, the EU has sought to exclude U.S.
The United States and the EU have enjoyed a special relationship for decades. The EU bloc of 28 member countries is the United States’ largest trading partner with more than $1 trillion in trade in 2017. In fact, it’s the largest bilateral trade and investment relationship in the world. The U.S. and EU economies together account for nearly half of the world’s gross domestic product and for almost one-third of the world’s trade.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EU trade chief sees possible extension to May 18 deadline for U.S. car tariffs: newspaperEuropean Trade Commissioner Cecilia Malmstroem expects U.S. President Donald Tru...
Read more »
EU-Iran trade vehicle unlikely to meet anti-money-laundering norms: U.S.The United States said on Tuesday that European powers are unlikely to live up t...
Read more »
U.S. and China break off talks without deal to end widening trade warWith fresh tariffs in place and President Trump insisting he’s in no hurry for a trade deal, top U.S. and Chinese officials ended talks Friday in Washington without reaching an agreement or providing immediate word of future negotiations.
Read more »
Exclusive: China backtracked on almost all aspects of U.S. trade deal - sourcesEXCLUSIVE: China backtracked on nearly all aspects of U.S. trade deal, according to U.S. government and private sector sources briefed on the talks. davelawder jeffmason1 michaelvmartina
Read more »
U.S.-China Trade Talks Break Off With No DealTrade talks between the U.S. and China broke off on Friday with no agreement hours after President Trump raised the tariff level on $200 billion of imports from China.
Read more »
Prepare for a ‘sell the news’ scenario once a U.S.-China trade deal is signedPrepare for a 'sell the news' scenario once a U.S.-China trade deal is signed, says HowardRGold
Read more »
Oil rallies on hopes for U.S.-China trade dealU.S. oil prices rose on Friday on renewed optimism that a trade deal between Was...
Read more »
Instant view: U.S.-China trade talks end with deal uncertainU.S. President Donald Trump on Friday said he was in no hurry to sign a trade de...
Read more »
Exclusive: China backtracked on nearly all aspects of U.S. trade deal - sourcesThe diplomatic cable from Beijing arrived in Washington late on Friday night, wi...
Read more »
U.S.-China trade talks wrap up Friday without dealU.S. and Chinese officials wrapped up trade talks Friday in Washington without an apparent breakthrough, just hours after higher tariffs went into effect on...
Read more »
U.S.-China trade talks stall over draft deal revisions: sourcesThe United States and China made no progress in trade talks this week in Washing...
Read more »