Thursday, March 5, 2020

U.S. trade aid ending


Trade aid may be ending in the United States after spending $26 billion in farm subsidies to compensate for tariff issues.

Earlier this year U.S. President Donald Trump tweeted that more aid might be coming until trade deals “kick in”.

But now U.S. Agriculture Secretary Sonny Purdue has told reporters that there’s only a 10 per cent chance that there will be further trade aid.

Canadian beef and hog producers have complained that they have been given nothing after suffering even more from trade battles between the U.S. and China because they were shut out of China from late June until near the end of the year.

China banned pork and beef from Canada because of the potential for fraud with Canadian Food Inspection Agency export certificates.

The Royal Canadian Mounted Police was called in to investigate after more than 70 fraudulent certificates were identified and after the Chinese found ractopamine residues in a pork shipment covered by a certificate that the CFIA said did not appear in its records.

Now the Chinese have been re-assured that the CFIA is on top of the situation and it is again honouring CFIA export certificates.