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Balanced Reporting. Trusted Insights.
Thursday, April 03, 2025
President Donald Trump and South Korea President Moon Jae-in today signed off on the renegotiated United States–Korea Free Trade Agreement (KORUS), putting an end to concerns from the U.S. farm sector about possibly losing the six-year old pact that has spurred American agricultural exports.
Agriculture Secretary Sonny Perdue has an alternate plan to end the U.S. trade war with China and the Trans-Pacific Partnership is key to its success, the cabinet member and former Georgia governor told Agri-Pulse in an interview.
The Trump administration today announced it is levying new tariffs on $200 billion worth of Chinese goods, escalating a trade war between the two countries that has hit the U.S. agriculture sector especially hard thanks to Chinese retaliation.
Farm bill negotiators are in danger of missing their deadline for agreeing on a new measure before the 2014 farm law expires Sept. 30 after failing to reach a deal last week.
The European Union is now willing to restart negotiations on beef trade with the U.S., but it’s still unclear if the Europeans are willing to include any other agriculture issues in the ongoing talks aimed at avoiding an all-out trans-Atlantic trade war.
U.S. dairy exporters are losing money as they try to maintain their hard-won footholds in the Chinese market amid the rising tariffs resulting from President Donald Trump’s trade war.
Ag Secretary Sonny Perdue’s decision to answer a phone call from a number marked “Unknown” may lead to movement on the administration’s stalled efforts to allow year-round sales of E15.
The trade deal struck Monday with Mexico is a major respite for the U.S. agriculture sector after enduring one trade disruption after another. But the Trump administration has a long way to go to restore any semblance of normality to the international marketplace that farmers and ranchers increasingly depend on to sell their crops.
The trade war the Trump administration is involved in with China will result in "a little pain" for farmers, but ultimately, "a lot of good things are going to happen," President Donald Trump said in an interview with RFD-TV Tuesday.
There’s plenty for the U.S. agricultural sector to like in the U.S.-Mexico deal announced today, but the biggest win for farmers and ranchers is the agreement to continue the arrangement of zero tariffs on farm goods between the two neighboring countries.
