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Balanced Reporting. Trusted Insights.
Saturday, April 12, 2025
President Donald Trump took office for the second time Monday, declaring that the “golden age of America begins right now,” and laying out top policy priorities that include raising tariffs, reclaiming the Panama Canal, securing the southern border and ending the “Green New Deal.”
Mexican President Claudia Sheinbaum touted efforts to substitute Chinese imports with locally produced alternatives and downplayed comments from Canadian policymakers that raised questions over Mexico’s future in a North American trade pact.
The Republican Party’s 2024 platform, led by former President Donald Trump’s campaign, calls for revoking China’s trade status, reiterates his proposal for across-the-board tariffs on imported products, and recommends making the 2017 tax cuts permanent.
Farm groups have joined with the oil industry and independent truck drivers in filing a lawsuit challenging the Biden administration’s new emission standards for heavy-duty vehicles.
New regulations from EPA meant to curb greenhouse gas emissions from new passenger cars will inevitably lead to a decrease in demand for ethanol to be blended with gasoline, but the size and speed of that decline remains uncertain.
The Environmental Protection Agency is giving automakers more flexibility to cut tailpipe emissions from light- and medium-duty vehicles than the agency proposed last year, allowing use of a variety of machines to achieve greenhouse gas reductions starting with model year 2027.
Republican governors from 16 states sent a letter to President Joe Biden this week pressing for a change in course on his plans to ensure two out of three vehicles sold by 2032 are electric.
The Senate this week takes up a package of spending bills that includes the measure funding USDA and FDA, while House Republicans return from the chamber’s long summer recess still divided over how, or whether, to avoid a possible government shutdown when the new budget year starts Oct. 1.
The biofuel industry is growing optimistic that a broad range of agricultural feedstocks, including soybean oil, will be eligible for a valuable new tax credit that’s intended to stimulate production of sustainable aviation fuel.
