Articles Tagged with ''tariffs''

President Joe Biden’s effort to amass partners for challenging China is taking shape, and U.S. Trade Representative Katherine Tai is working to rekindle ties with historical allies such as Japan, the European Union and the United Kingdom while forging new bonds with countries such as India and Vietnam.

Vietnam is following through on promises to slash its most-favored nation tariffs on corn, wheat and pork, offering new opportunities for U.S. ag exporters, USDA says.

Farmers, ranchers and ag exporters hoping President Joe Biden will engage Chinese President Xi Jinping Monday evening on trade tariffs or supply chain problems will likely be disappointed. Neither topic is on Biden’s agenda for the virtual meeting, according to a senior White House official who previewed expectations for the conversation to reporters.

U.S. Trade Representative Katherine Tai spoke Friday with her Chinese counterpart to explain U.S. concerns over outstanding issues from the “phase one” trade pact as well as Chinese “state-led, non-market policies and practices that harm American workers, farmers and businesses,” according to the Office of the USTR.

Agriculture Secretary Tom Vilsack is making it increasingly clear that he’s going to make it a priority to challenge the market power of big food processors and ag input suppliers. How far he ultimately goes remains to be seen. But he’s getting plenty of encouragement from both sides of Capitol Hill.

President Joe Biden’s proposal to tax capital gains at death accounts for about one-third of the revenue to pay for his American Families Plan, a sweeping package of education, health and child care benefits. That’s according to an analysis of Biden’s tax proposals by the Tax Foundation.

India is buying more California walnuts than it ever has, but West Coast farmers see a vast potential for even more trade as they wrap up a new media campaign in the Asian giant that is home to 1.3 billion people.

An unlikely pair of senators – Democrat Kyrsten Sinema of Arizona and Republican Jerry Moran of Kansas – is urging U.S. Trade Representative Robert Lighthizer to avoid letting his investigations into imports of blueberries and other produce from Mexico disrupt trade flows that are already strained because of the COVID-19 pandemic.

The U.S. is ratcheting up its punishment on the European Union with new tariffs on French and German wine and other alcoholic beverages as both sides remain entrenched over aircraft subsidies.