U.S. agriculture urges Trump to remain in WTO
(Posted on 28/09/20)
The National Grain and Feed Association (NGFA) in the USA and 61 other U.S. agriculture stakeholders have urged the Trump administration to remain in the World Trade Organization (WTO), and for Congress to vote against any resolution that would end U.S. membership in the international trade body.
NGFA, established in 1896, consists of more than 1,000 grain, feed, processing, exporting and other grain-related companies that operate more than 7,000 facilities and handle more than 70 percent of all U.S. grains and oilseeds.
In a letter sent this week to U.S. Trade Representative Robert Lighthizer, the groups emphasized support for efforts to reform WTO rules, noting that “improvement is needed” to hold WTO members accountable and improve the organizations’ governance, including the selection of a new director-general.
“Continued U.S. membership and active participation will help ensure that necessary reforms are undertaken…,” the letter states. “As long as exports are important to U.S. agriculture, WTO membership will be essential, as well.”
U.S. agriculture is heavily dependent on exports, the letter stated, with more than 20 percent of total U.S. agricultural production destined for foreign markets. The WTO grants U.S. agricultural exporters most-favored nation (MFN) treatment in 163 countries, representing more than 80 percent of the global economy. The trade body also provides rules to guard against arbitrary use of technical regulations to block imports, the groups noted.
Latest News
Cargill surpasses one million enrolled acres in Cargill RegenConnect
(Posted on 20/11/24)Cargill RegenConnect has surpassed one million enrolled acres for the 2025 U.S. planting season, a milestone... Read more
Agreements to accelerate decarbonisation of steelmaking in Europe
(Posted on 20/11/24)Rio Tinto has entered into definitive agreements with GravitHy, an early-stage industrial company, to... Read more
Partnership to trial battery swap technology in mine operations
(Posted on 12/11/24)Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery... Read more
Colombian nature-based carbon removals project is expanded
(Posted on 12/11/24)Trafigura Group, a market leader in the global commodities industry, has announced a significant expansion... Read more
Rio Tinto completes acquisition of Sumitomo stake in NZAS
(Posted on 04/11/24)Rio Tinto’s previously announced acquisition of Sumitomo Chemical Company’s (SCC’s... Read more
Vale and Jinnan announce investment in Oman iron ore concentration plant
(Posted on 31/10/24)Vale and Jinnan Iron & Steel Group, a renowned Chinese steelmaker, have announced a joint partnership... Read more
Canadian tariffs on Chinese steel and aluminium products enter into force
(Posted on 26/10/24)Tariffs on Chinese steel and aluminium products have entered into force following rigorous examination... Read more
Increased copper and iron ore production for BHP
(Posted on 19/10/24)BHP have released their operational review for the quarter ended 30 September 2024.BHP Chief Executive... Read more
Safety a priority as Rio Tinto releases Q3 production results
(Posted on 18/10/24)Rio Tinto is continuing to prioritise learning from safety incidents to improve the effectiveness of... Read more
IFA and Proba launch global programme for GHG emissions reduction
(Posted on 14/10/24)The International Fertilizer Association (IFA) is partnering with supply chain decarbonization startup... Read more
