Trade

RSS

President Donald Trump signaled today that he’s serious about the U.S. rejoining the Trans-Pacific Partnership as a means to counteract China’s growing influence and leadership along the Pacific Rim.

The Trump administration’s new authority to provide emergency assistance to farmers strengthens U.S. negotiating authority in ongoing trade disputes with China, says Agriculture Secretary Sonny Perdue.

Bayer said it will sell its digital farming business to BASF as part of an agreement with regulators to receive approval of its acquisition of Monsanto, which is expected to be finalized in the second quarter of this year.

Syngenta has received a positive scientific opinion from the European Food Safety Authority for food and feed use of Agrisure Duracade, allowing the corn trait to move to the next step in the process of final grain import approval.

If you followed Donald Trump’s presidential campaign, you know that he talked tough on trade – especially when it came to countries he believed were giving the U.S. a raw deal.

The Trump administration seeks to calm farmers’ fears about the escalating trade dispute with China, even as corn and soybean growers hope the crisis will at least end the White House’s consideration of intervening in the biofuel credit market.

President Donald Trump signaled today he’s willing to significantly up the ante in the escalating trade fight with China by proposing an additional $100 billion in tariffs on Chinese goods. USDA Secretary Sonny Perdue released a statement shortly afterwards, doubling down on his recent promises to protect farmers and ranchers from becoming collateral damage in the spat.

USDA officials are working under increasing pressure to devise programs to help compensate farmers for expected losses due to new Chinese tariffs, but the complexity of the task is daunting, say government officials.