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Shining Light on Farm & Food Policy for 20 Years.
Saturday, December 21, 2024
The fate of the North American Free Trade Agreement remains uncertain and a trade war with China continues to loom heavy over rural America, but the long-term forecast for U.S. soybean exports remains bullish, propped up by optimistic forecasts from the USDA.
President Donald Trump today signed off on a plan to punish China for years of stealing intellectual property by imposing about $60 billion worth of tariffs on Chinese goods. The move came despite a growing chorus of warnings from Capitol Hill and farm groups that China will retaliate by taxing or blocking U.S. agricultural goods.
