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Balanced Reporting. Trusted Insights.
Saturday, April 12, 2025
President Donald Trump is set to unveil the largest tariff announcement of his presidency today, in what he has dubbed “Liberation Day” in America. But those hoping for some runway to prepare for new duties may be disappointed. The White House says the new tariffs will come into play immediately.
President-elect Donald Trump insists that tariffs he’s thinking of imposing on trading partners would cost Americans “nothing.” But on Sunday he said he couldn’t guarantee that outcome.
Democrats on the House Ag Committee are starting to line up behind the candidates seeking to be the panel’s ranking member. Reps. Angie Craig, D-Minn., and Jim Costa, D-Calif., are challenging Rep. David Scott, D-Ga., for the minority’s top spot.
The top Republican on the Senate Ag Committee, John Boozman, has laid out his proposals for a new farm bill. For the most part they mirror the bill the House Ag Committee approved last month, which means the partisan divide over policy and funding is no closer to being resolved.
The United States is consulting again with Canada over complaints that the country is manipulating its dairy import quotas and restricting access to its market, but U.S. senators are now demanding the Biden administration take the next step of calling for a second dispute panel under the U.S.-Mexico-Canada Agreement.
The Senate Agriculture Committee approved bills Wednesday authorizing USDA to mandate minimum levels of cash trading in cattle and establish a special investigator’s office in USDA to probe allegations of unfair marketing practices.
Four nominees to be commissioners of the Commodity Futures Trading Commission were warmly received Wednesday by the Senate Ag Committee, where members are eager to fill four vacancies in a five-member board.
