Canada Cancels Tax and Screwworm Getting Closer
From the Ag Information Network, this is your Agribusiness Update.
**Canada canceled a digital service tax on U.S. tech companies in order to preserve trade talks with President Trump.
But agriculture could be a bigger thorn in the ongoing negotiations.
Analysts say ditching the digital services tax was politically easy for Prime Minister Mark Carney compared to discussing Canada's supply management system that’s tightly controlled supplies of dairy, eggs and poultry since the
1970s.
They’re aiming for a new economic agreement by July 21.
**A new case of New World screwworm appeared last week, only 160 miles from the Mexico-U.S. border.
The new case raises significant concerns in the U.S. and compromises the outlined port reopening schedule for five ports in the southern U.S that began July 7.
In order to protect American livestock and the nation’s food supply, Ag Secretary Brooke Rollins has ordered the closure of livestock trade through southern ports of entry.
**Over 40 U.S. agricultural groups, including the National Corn Growers Association, sent a letter to President Trump asking him to quickly nominate a Chief Agricultural Negotiator in the US Trade Representative’s Office.
The groups say the nomination is critical to prioritizing the needs of American agriculture amid the ongoing reciprocal trade negotiations.
The role is responsible for conducting and overseeing international negotiations related to the trade of agricultural products.
