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Shining Light on Farm & Food Policy for 20 Years.
Saturday, July 27, 2024
U.S. Trade Representative Robert Lighthizer confirmed today he will carry out President Donald Trump’s threat to increase the tariff rate on $200 billion worth of Chinese goods.
Trade talks between the U.S. and Japan are moving quickly, and there’s a good chance the two countries can wrap up an ag-centric deal to lift Japanese tariffs by the end of May, U.S. Agriculture Secretary Sonny Perdue said Tuesday.
The Trump administration resumes negotiations with China this week in pursuit of an elusive trade deal, while Congress returns from its two-week Easter recess with a long to-do list that includes a disaster aid bill that is stalled in the Senate.
The president of ADM's grain business steps down, Kraft Heinz brings on a past Anheuser-Busch-Busch executive to fill their CEO position, and the J.R. Simplot Company appoints a new vice president of business development.
The World Trade Organization today sided with the U.S. in its complaint that China has not lived up to pledges it made nearly twenty years ago to buy billions of dollars of wheat, rice and corn through tariff rate quotas.
The U.S. and China have settled on a way to enforce agreements made in a pact to end the trade war between the two countries, U.S. Treasury Secretary Steven Mnuchin said Wednesday in a CNBC interview.
The Trump administration, seeking to gain support for the U.S.-Mexico-Canada Agreement from apprehensive House Democrats, sent its chief trade advisor to Capitol Hill Wednesday morning to try to sell the pact and address lawmakers’ concerns.
Trade negotiations between the U.S. and China are likely in their final weeks, but that’s no guarantee the trade war between the two countries will end any time soon, U.S. Trade Representative Robert Lighthizer told lawmakers Tuesday.
China may agree to buy more U.S. agriculture commodities and lift onerous trade barriers in the ongoing talks, but unless negotiators can agree on an effective way to make sure the Chinese live up to their promises, any final deal would be worthless.
