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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, January 29, 2025
China’s Finance Ministry announced today the country will raise tariff rates on $60 billion worth of U.S. products, an expected trade war escalation after the U.S. increased import taxes on Chinese goods Friday.
The House and Senate are pursuing a deal on disaster aid with just two weeks left until the self-imposed deadline of Memorial Day and little sign of progress on the major reasons for the impasse.
Agriculture Secretary Sonny Perdue confirmed Friday that USDA, at the request of the White House, is working to put together a second aid package for farmers to make up for losses from Chinese tariffs.
Vice President Mike Pence said Thursday that the White House is considering providing additional assistance to farmers to compensate them for the income they have lost from the Trump administration’s trade war with China.
The optimism coming out of the White House and USDA for a U.S. deal with China to end the trade war has been growing for months, but the rosy outlook dimmed this week because of a new rift between both countries’ negotiators.
U.S. catfish producers hope a recent Department of Commerce determination will level the playing field in their long-running fight over cheaper imported Vietnamese catfish.
It’s not competing pork producers in Europe or Canada who are the biggest threat to the U.S. share of Mexico’s demand. It’s producers already in or moving to Mexico.
The leader of one of the world’s largest meat companies says there is a “distinct possibility” African Swine Fever could make landfall in the U.S., and “we need to be prepared for that.”
U.S. Trade Representative Robert Lighthizer confirmed today he will carry out President Donald Trump’s threat to increase the tariff rate on $200 billion worth of Chinese goods.
When President Donald Trump fired off a pair of tweets on Sunday, he set the stage for a market shakeup at home and abroad as politicos and producers alike tried to determine where global trade talks stood.
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