GFM Network News


File photo of a container vessel being unloaded at a U.K. port. (Sterling750/iStock/Getty Images)

Trans-Pacific trade partners agree for U.K. to start joining process

Tokyo | Reuters — Member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Wednesday officially agreed to allow the United Kingdom to start the process of joining the pact, Japan’s economy minister said. Japanese Economy Minister Yasutoshi Nishimura told reporters he welcomed the start of Britain’s joining process after hosting an […] Read more

File photo of a river container terminal facility at Liverpool, England. (DavidCPhotography/iStock/Getty Images)

U.K. aims to join Trans-Pacific Partnership

London | Reuters –– The United Kingdom announced on Wednesday it would pursue accession to a revamped version of the Trans-Pacific Partnership. “Today we’re announcing our intent to pursue accession to CPTPP, one of the world’s largest free trading areas,” Trade Secretary Liz Truss said. The British government said joining CPTPP would help the U.K. […] Read more


Wagyu beef on skewers at a Tokyo market. (Michal_Staniewski/iStock/Getty Images)

Japan deal levels field for U.S. beef, but sales surge unlikely

Tokyo/Chicago | Reuters — U.S. beef exporters, unhappy after President Donald Trump pulled out of a multilateral trade pact in 2017, stand to sell more meat in Japan after the U.S. leader and Japanese Prime Minister Shinzo Abe cut a deal to slice into tariffs. But agriculture experts say that for now, that boost may […] Read more

File photo of marbled Japanese beef on display at retail. (ES3N/iStock/Getty Images)

Japan set to grant TPP-level access for U.S. beef, pork

Tokyo | Reuters — The United States and Japan have reached the broad framework of a trade agreement, Japan’s Nikkei business daily said on Saturday, with Tokyo making concessions on its agriculture but none immediately apparent from Washington on automobiles. U.S. Trade Representative Robert Lighthizer and Economy Minister Toshimitsu Motegi reached the deal in Washington […] Read more


Japan is famous for demanding the highest-quality food products and Canada meets those standards. But price also matters — Canadian beef exports tripled after tariffs fell at the start of the new year.

Quick payoff from trade deal for beef producers

Beef exports to Japan triple in the first month after Trans-Pacific agreement

Reading Time: 3 minutes That didn’t take long. Hot on the heels of a new trade partnership, sales of Canadian beef to Japan skyrocketed in January, tripling the amount sold to the country compared to a month earlier. Japanese buyers snapped up 3,545 tonnes of Canadian beef in January — versus 1,282 tonnes in December and about 58 per […] Read more

(Toa55/iStock/Getty Images)

Canadian dairies get significant control over imports under TPP

Toronto | Reuters — Canada will give local dairy processors significant control over imports under a new trade deal with Pacific countries that opens the sheltered industry to further competition, according to a notice published by the federal government, which drew criticism from Canadian retailers. New quotas created by the Comprehensive and Progressive Agreement for […] Read more


Trade agreement a big deal for canola growers

Trade agreement a big deal for canola growers

Trans-Pacific Partnership trade accord comes as canola acreage poised to grow once again

Reading Time: 4 minutes The timing couldn’t be better. Tariffs on Canadian canola oil into Asia could be scrapped as early as January if the new Trans-Pacific trade deal goes into effect. And that’s good news as canola growers seem poised to boost acreage this coming spring. Canada ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) late […] Read more

(PortSeattle.org)

U.S. to take another look at Pacific trade pact

Washington | Reuters — U.S. President Donald Trump has asked his trade advisers to look at rejoining the Trans-Pacific Partnership, a multinational trade pact he withdrew the U.S. from last year, White House spokeswoman Lindsay Walters said. Republican senators met with Trump on Thursday and he told them that he has asked U.S. Trade Representative […] Read more