Anton and Eric chat with Dr. Amanda Countryman, associate professor in the Department of Agricultural and Resource Economics at Colorado State University. The discussion focuses on all things trade. Dr. Countryman’s research focuses on agricultural trade issues, and we cover topics, including an overview of current trade negotiations, the role of the World Trade Organization, the recently negotiated USMCA, and to what extent US agricultural can withstand the economic impacts of temporary or potentially permanent trade restrictions.
2:01: What’s the basic background on where we’ve been and where we are in the current trade negotiation timeline? How does trade affect domestic farm incomes?
8:40: How did we get to perhaps the most important dispute for US agriculture: the conflict with China?
15:25: How does the World Trade Organization set up and how is it supposed to deal with trade disputes?
21:15: What’s the deal with USMCA? What changed from NAFTA?
24:45: What does USMCA have in store for northern US wheat and its potential for being sold in Canada?
27:00: When are these trade disputes going to end? The experts take their best guess.