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Shining Light on Farm & Food Policy for 20 Years.
Sunday, September 29, 2024
The White House steps up its campaign to get Congress to approve the U.S.-Mexico-Canada trade agreement this week, dispatching U.S. Trade Representative Robert Lighthizer for hearings on both sides of Capitol Hill.
The European Union has agreed to assure the U.S. gets the lion’s share of its annual beef quota after months of negotiations and more than 20 years of friction over the subject of non-hormone beef trade.
Farmers in five Midwest states have claimed almost half of the $8.5 billion in trade assistance payments that USDA has provided so far as compensation for losses due to retaliatory tariffs.
President Donald Trump is blurring the lines between immigration and trade by continuing to threaten Mexico with tariffs for its border security policies. Ag sectors in both countries fear the lingering tensions may weigh heavily on their businesses as well as the fate of the U.S.-Mexico-Canada Agreement.
Farmers in the waterlogged Midwest who are struggling to plant their corn or soybeans, and others who’ve given up and are deciding whether to buy seed for cover crops, still lack key information from USDA despite new guidance this week for its trade and disaster aid programs.
Farm sector exports and profits are down sharply as escalating tariffs choke off international trade. Yet one group is benefitting from the tariff wars: over 40 million food insecure Americans who struggle to buy groceries.
The U.S. and Mexico are lauding an agreement struck Friday to prevent new tariffs, but the tenuous pact relies on Mexico’s ability to decrease immigration to the U.S. and does not include some form of promise for Mexico to import more U.S. ag commodities.
President Donald Trump heads to Iowa this week to shore up his rural base and promote the U.S.-Mexico-Canada agreement, fresh from dropping a threat to impose new tariffs that farm groups and lawmakers feared could jeopardize congressional approval of the North American trade pact.
Some of Mexico’s highest-ranking government officials will present a proposal to the White House Wednesday on controlling border security in an effort to stop the Trump administration from turning an immigration issue into a trade war.
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