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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, July 17, 2024
India marked Prime Minister Narendra Modi’s visit to the White House and Capitol Hill by agreeing to cut tariffs that it imposed on some U.S. farm goods five years ago in retaliation for U.S. tariffs on Indian steel and aluminum imports, the Office of the U.S. Trade Representative said Thursday.
The Senate Finance Committee used a hearing Thursday to highlight the fact that Brazilian packers are producing beef from cattle raised illegally on land once made up of lush Amazon jungle, and some of the beef from those animals may end up in the U.S. market, competing with U.S.-raised product.
A bipartisan group of lawmakers are introducing legislation today to ensure the government keeps using U.S. commodities to provide food aid around the world. About half the funds for the Food for Peace program are currently used to purchase and deliver U.S. farm goods.
U.S. trade policy should not be focused on using American might for deals to increase exports, but rather trading access to U.S. markets in return for influence on foreign countries, according to U.S. Trade Representative Katherine Tai.
Dairy, meat, produce and other ag producers that count on getting their commodities to Asia and beyond through West Coast ports are lauding a tentative labor agreement between Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) that’s expected to produce a six-year labor contract.
That didn’t last long. Just two weeks after Congress passed the debt ceiling agreement, the fiscal 2024 spending process is getting off to a rocky start.
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